17 November 2002
17 November 2002
Vermont Composites’ 15,000 sq ft expansion of its Headquarter facility in Bennington is now complete. “With the continued growth in our business, Vermont Composites will now have the necessary manufacturing space to meet our customers’ needs”, says President, Dan Maneely.
Since the beginning of this calendar year, Vermont Composites’ employment has increased by 16% to a total of 128 full time employees.
The company’s business growth this year has come from several different areas including, Homeland Security, where the company manufactures components for airport baggage screening systems and aerospace & defense related applications, along with its medical business, which includes components and accessories for medical diagnostic imaging equipment.
The building expansion was supported with a financing package which included participation by the Chittenden Bank, the Vermont Economic Development Authority, the Town of Bennington and BCIC. Vermont Economic Progress Council provided additional subsidy for this expansion with a multi-year State Income Tax Credit package, tied to new jobs, research and development and capital spending.
Shape Machining supplies machined patterns, tools, foams, engineering services and pressed composite components to all sectors of the carbon composites industry. It is ISO 9001 accredited and moving towards AS 9100 rev D.
Bally Ribbon Mills (BRM) announces its film infusion capabilities for 3-D woven joints. In the film infusion process, a frozen sheet or film of resin is infused onto the custom 3-D woven joint, saving customers the trouble of infusing the resin themselves upon delivery of the BRM-made joint.
Boeing has delivered the 787th 787 Dreamliner to come off the production line, marking a special milestone for the super-efficient airplane family and the fastest-selling twin-aisle jet in history.