Solvay celebrated the groundbreaking of its Greenville, TX manufacturing footprint expansion that increases the site’s resin mixing capacity to meet the growing needs of commercial and military aerospace composite customers.
Local officials joined the site and project management team for the ceremony.
“Greenville TX is a strategic site for Solvay where in recent years we have invested several million dollars in capacity and modernization resulting in a double digit employment growth. This new expansion will enable us to further meet growing customer demand for Solvay’s market leading Out-of-Autoclave technologies” said Tracy Price, Executive Vice-President Global Operations, Solvay Composite Materials.
“I am proud to have contributed to this investment decision, along the Greenville Board of Economic Development, the City of Greenville and Hunt County. This expansion will have a positive impact on the local community through the creation of additional jobs at the site and the surrounding Hunt County area” said Judge John Horn.
Solvay’s Greenville TX site currently has over 300 full time employees and recruiting efforts are ongoing.
Solvay Greenville TX expansion project team as joined by the site leadership team, main contractor and local city and county officials for the groundbreaking ceremony.
About Solvay Composite Materials
Solvay’s new Global Business Unit Composite Materials is a global provider of technologically advanced lightweighting material solutions that enable our customers in the aerospace, automotive and other demanding industries to design, develop and efficiently manufacture high-quality, high-performance and complex composite structures. Composite Materials has the most extensive product portfolio, including prepregs, resin systems, adhesives and surfacing films, carbon fiber, textiles, tooling and vacuum bagging consumables, thanks to its leadership in advanced materials science, chemistry and application engineering. Solvay Composite Materials combines the former Cytec Aerospace Materials and Industrial Materials businesses.
Solvay is an advanced materials and specialty chemicals company, committed to developing chemistry that addresses key societal challenges. Solvay innovates and partners with customers worldwide in many diverse end markets. Its products are used in planes, cars, batteries, smart and medical devices, as well as in mineral and oil and gas extraction, enhancing efficiency and sustainability. Its lightweighting materials promote cleaner mobility, its formulations optimize the use of resources and its performance chemicals improve air and water quality. Solvay is headquartered in Brussels with around 26,800 employees in 61 countries. Net sales were €10.1 billion in 2017, with 90% from activities where Solvay ranks among the world’s top 3 leaders, resulting in an EBITDA margin of 22%. Solvay SA (SOLB.BE) is listed on Euronext Brussels and Paris (Bloomberg: SOLB.BB - Reuters: SOLB.BR) and in the United States its shares (SOLVY)