Hexcel has announced it has broken ground on a new $20 million engineered core facility at the MidParc Free Trade Zone Industrial Park in Morocco. When fully operational in 2017, the facility will convert the company’s honeycomb materials into engineered ...
Hexcel has announced that it’s acquired 50% of Formax UK Limited, a manufacturer of composite reinforcements, specialising in the production of lightweight multi-axial fabrics. Formax, located in Leicester, UK has estimated sales in 2014 of approximately $45 million. Hexcel’s interest ...
Formax has announced plans to open an Automotive Production Unit at its Leicestershire headquarters.The 50,000 sq. ft. facility will be dedicated to the production of carbon multiaxial fabrics optimised specifically for high volume automotive applications. The new premises are located ...
Formax has entered a knowledge transfer programme with the Polymer Composites Group. The Group operates within the Materials, Mechanics and Structures Research Division of Nottingham University and focuses on the processing and performance of thermoset and thermoplastic matrices. The Polymer ...
Formax has received £3.25 million working capital support from Barclays to fund its expansion. The Leicestershire based company produces lightweight carbon fibre multiaxials, glass fibres and aramid fibres for marine, automotive, wind energy has recently invested heavily in machinery which ...
Formax has announced it’s full range of carbon multiaxial fabrics has been awarded the DNV materials qualification.