SGL Automotive in Moses Lake is set to become the largest producer of carbon fiber in the world and add 120 new jobs, after a recent announcement by the company.
KXLY4 featured SGL Automotive in this Made in the Northwest story in August 2013.
The $200 million in new investment is due to strong sales in BMW's new electric cars.
The expansion, announced on Friday, will add a third 110,000 sq. ft. building at the Moses Lake plant, which will increase its production to 9,000 metric tons of carbon fiber per year. The new building will house SGL's fifth and sixth production lines. The third and fourth were just recently completed.
“Because of the very fast-paced growth, and success of i3 and i8 (BMW electric cars) in the market, we basically went straight ahead and now are starting to construct building three for lines five and six,” said SGL managing director Joerg Pohlman.
The 120 new jobs will bring the total at SGL to about 200.