The Utah Governor's Office of Economic Development reported on Sept. 16 that Vexxel Composites LLC, a sister company to HyPerComp Engineering (Brigham City, Utah, USA), has invested $4 million in capital improvements toward the manufacture of compressed natural gas (CNG) tanks.
“HyPerComp Engineering and Vexxel Composites have seized an opportunity to further their heritage of innovative composite manufacturing to fill critical needs in the nation’s accelerated natural gas industry,” says Utah Governor Gary R. Herbert. “The Utah workforce continues to prove it has the entrepreneurial skill and technical expertise to develop solutions for some of our most pressing questions.”
Vexxel Composites LLC focuses on composite overwrapped pressure vessels. Vexxel manufactures CNG pressure vessels in numerous sizes to support the high growth in the use of CNG vehicles. Vexxel has developed strategic alliances with highly reputable companies to seize this opportunity. Vexxel will also manufacture pressure vessels for the U.S. military and other commercial applications.
“We are excited for this opportunity for many reasons. Firstly, the U.S. has an abundance of natural gas. Converting vehicles to CNG will reduce our dependence on foreign oil. Secondly, CNG is a clean burning fuel thereby reducing vehicular emissions. And thirdly, we will be bringing high paying manufacturing jobs to Brigham City,” says Vexxel CEO and president Wayne Clark.
“The expansion of Vexxel’s manufacturing capabilities build on the company’s already extensive military and civilian client base, and brings deserved attention to the economic vitality of Utah’s northern region,” says Spencer Eccles, executive director of GOED. “The talented workforce and renowned quality of life found in Brigham City and Box Elder County continue to capture the attention of world class firms, both homegrown and companies new to the state.”
In addition to contributing $1.7 million in new state revenue, the project expects to pay out $21.1 million in new wages toward the 101 new full time jobs.