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Global Carbon Composite Solutions

New USA Facility

Sigmatex selects South Carolina for its fifth manufacturing facility

Initial $12 million investment to establish Orangeburg County operation

COLUMBIA, S.C. –Sigmatex, a world leader in the manufacturing of carbon fiber textiles has selected Matthews Industrial Park in Orangeburg County as the location for its next facility in their global company. The company will invest $12 million initially and create 50 jobs over the next five years. Sigmatex’s investment in Orangeburg County is one of the largest capital investment projects the company has undertaken. The facility – the fifth manufacturing facility in Sigmatex’s global system – is scheduled to be in operation by mid-2015 to begin supplying its North American customers.

Sigmatex, which supplies the aerospace and automotive industries, adds to the growing number of aerospace-related companies that call Orangeburg County home. Its announcement marks the first company to locate in the John W. Matthews Industrial Park. The new 75,000-square-foot facility will be located on 20 acres at the entrance to the park. In order to meet the company’s future expansion goals, the facility will be constructed so that it can be expanded to 150,000 square feet and eventually up to 450,000 square feet to accommodate the prospective growth in the aerospace and automotive industries.

Locating in the South Carolina Global Logistics Triangle (I-26, U.S. 301 and I-95) aligns with Sigmatex’s strategic plan to expand into new targeted markets. This facility, along with its sister facilities, will give Sigmatex the ability to offer its customers a product that is made locally.

Hiring for the 50 positions is expected to begin in May, 2015.Those interested in joining the Sigmatex team may visit the company’s careers page. Go online at www.sigmatex.com to learn more about Sigmatex.

QUOTES

“We are very excited to be building our latest manufacturing facility in South Carolina. This will be our second, and largest, in North America, representing a major step in our commitment to global expansion. Sigmatex will continue to invest in technology, capabilities and capacities to ensure we satisfy the growing demands of our current and future partners across the globe. We believe this facility will enable us to meet any foreseeable future market requirements and ensure we are prepared to continue to support the supply chain in delivering the growth requirements in the aerospace and automotive sectors. We look forward to continuing our excellent cooperation with the state and local officials and to further supporting our expanding customer base with carbon textile solutions.” –Sigmatex CEO Scott Tolson

“We couldn’t be more excited that a company like Sigmatex has chosen Orangeburg as the location of their fifth manufacturing facility – it’s great news for the local community and the hardworking people who live there. With an investment of $12 million and the creation of 50 new jobs, Sigmatex will further strengthen our reputation as a place where manufacturers of carbon fiber not only want to be but can grow and succeed for many years to come.” – Gov. Nikki Haley

“Foreign direct Investment continues to be a critical piece of South Carolina’s economic development strategy. We are thrilled to welcome Sigmatex to The Palmetto State. I congratulate them on this terrific announcement and look forward to all of their future growth and success in our state.” –Secretary of Commerce Bobby Hitt

“It’s a great day in Orangeburg County. This announcement represents years of effort and development from the citizens of Orangeburg County. Having Sigmatex locate in the Matthews Industrial Park is a game changer. Industries like to be located by other industries and with Sigmatex kicking off this park we feel confident that more aerospace companies will follow their lead. The work is not over. We must continue to work hard so we can continue to build a bright future for our citizens.” –Senator John W. Matthews, Jr.

“It’s another great day in Orangeburg County. Having Sigmatex locate in Orangeburg County is a blessing. We know that we have a quality workforce that can meet the needs of aerospace companies and having Sigmatex locate here confirms that.” –Orangeburg County Council Chairman Johnnie Wright, Sr.

“We congratulate Orangeburg County for their vision and delivery of quality sites and infrastructure in support of future growth and economic development. Today’s announcement is a classic example of being ready to meet the needs of industry. Speed to market is critical as the automotive and aerospace sectors in South Carolina continue to flourish.” –CentralSC Alliance Chairman Mike Brenan

FIVE FAST FACTS

Sigmatex is establishing an Orangeburg County manufacturing facility in the John W. Matthews Manufacturing Park.$12 million investment creating an expected 50 jobs over the next five years.The facility is scheduled to be operational by mid-2015.Initially, Sigmatex will operate out of a 75,000 square-foot facility with plans to expand to 150,000 square-feet and up to 450,000 square-feet.Hiring for the 50 positions is expected to begin in May, 2015. Interested applicants may visit Sigmatex’s careers page.

About Sigmatex

Sigmatex develops and manufactures carbon fibre textiles for composite material applications. From global locations, Sigmatex supplies spread tow, 2D woven, unidirectional, multiaxial (non-crimp), 3D textiles and recycled fabrics across a broad range of industries. Sigmatex’s proven capability converts millions of pounds of carbon fibre each year for major projects that require high levels of quality and reliability. Sigmatex works with customers to create carbon fibre textiles which meet various requirements including fibre orientation, crimp, drapeability, thickness and resin permeability. These textile solutions often require an innovative approach to textile design and process which is the core strength of Sigmatex. For more information, visit www.sigmatex.com.

About S.C. Department of Commerce
As South Carolina’s leading economic development agency, the Department of Commerce works to recruit new businesses and help existing businesses grow. Commerce has recruited world-class companies to South Carolina such as Boeing, Bridgestone, Continental, Monster.com, ZF Group, BMW and Google Inc. and also supports small and existing business, rural development initiatives and community development. Commerce partners with the S.C. Technical College System via readySC to support workforce training and recruiting, and with the S.C. Department of Employment and Workforce, which provides worker training and employment opportunities within the state. South Carolina ranked first in the nation for attracting jobs through foreign investment, according to IBM-Plant Location International reports in both 2012 and 2013. The state won the Gold Shovel Award and the Project of Year Award from Area Development magazine in 2012. For more information, visit www.SCcommerce.com.