Cargo Composites (Albuquerque, N.M., USA), a manufacturer of air cargo containers, on Dec. 8 announced the establishment of its new headquarters and assembly facility in Berkeley County, S.C., USA. The $700,000 investment is expected to generate 40 new jobs.
Cargo Composites’ containers are used by the world’s leading airlines to safely and securely transport cargo around the world. Cargo Composites’ patented composite material is made with a honeycomb core that optimizes both weight and strength, creating more durability and lower fuel costs to airlines.
“Cargo Composites is excited to be a part of the Lowcountry’s rapidly growing aerospace industry and to be located in close proximity to companies such as Boeing,” said Tom Pherson, president of Cargo Composites. “Cargo Composites is already acclimating itself to the local business community and working with such resources such as Charleston Regional Development Alliance, Berkeley County, The South Carolina Department of Commerce, readySC and the South Carolina Manufacturing Extension Partnership (SCMEP), capitalizing on several different programs to make the transition smooth, expand our marketing efforts, and continue to grow the business. We look forward to actively contributing to growth of the aerospace supply chain in South Carolina.”
Cargo Composites will locate its new operations in a leased facility at 1026 Legrand Blvd. in Berkeley County. Demand for the company’s products has been growing for both domestic and international locations. This location represents its first facility on the East Coast.
“We appreciate Cargo Composites’ decision to establish its new operations here and celebrate the 40 new jobs the company will create. South Carolina continues to distinguish itself as a place where businesses of all sizes can set up shop and succeed,” said Gov. Nikki Haley.
“South Carolina’s aerospace-related sector continues to grow, and today’s announcement is the latest example. We welcome Cargo Composites to our state’s business community and look forward to the company’s success here,” said Bobby Hitt, Secretary of Commerce.
The company plans to be fully operational by January 2012 with its first delivery scheduled for March 2012. Cargo Composites will ship its finished products around the world from its new 32,000-ft2/2,973m2 plant.
The company will begin hiring for the new positions immediately. Anyone interested in job opportunities with the company should contact the SCWorks Berkeley Center at (843) 761-4400.
For more information about Cargo Composites, visit www.acsinvents.com/index.html.
Editor PickGardner Business Index at 54.1 in January
The US composites industry looks as strong as it has since early 2015, with expectations the highest in years.