Wagners CFT to open first US factory in October

Building products company Wagners Composite Fiber Technologies (CFT) announced this week that it will open its first US site, at Parker County in north Texas, employing 304.

“Wagners CFT is excited to break ground on our new manufacturing plant in Cresson, Texas, with commercial operations to begin in October 2021,” said Michael Kemp, the company’s Executive General Manager.

“This facility will generate over 300 full-time jobs focused on supplying cutting edge Composite Fibre Infrastructure for bridges, boardwalks, light poles, and marine projects.”

The company was offered a Texas Enterprise Fund (TEF) grant of $US 1.8 million for the factory.

The new site “grew out of a business development trip by Parker County leaders to Australia” said Texas state representative Phil King.

Wagners CFT is a division of the ASX-listed Wagners Holding Company, and was established in 2002. It specialises in “pultrusion” production, a method of pull-winding structural fibre-reinforced polymers.

Within Australia, Wagners CFT leads the Advanced Pultrusion Cooperative Research Centre Project (CRC-P), in collaboration with the University of Southern Queensland and Allnex Composites.

Picture: hollow pultruded profiles in pedestrian bridge (Wagners CFT).

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