23 May 2019
23 May 2019
Web Industries has signed a letter of intent with East Forty to purchase 12 acres of land for a manufacturing plant in Marysville, Washington, north of Seattle, US.
The site is near Boeing’s final assembly plant in Everett, Washington, US and in proximity to material supplier Toray’s processing facility in Tacoma, Washington, US. The new facility will occupy 75,000 square feet and house Web’s proprietary composites slitting and winding technology, as well as 9,000 square feet of refrigerated warehousing. Once the building is erect, the plant will be operational, equipment will be qualified and employees will be trained, all aimed at January 2021.
The Washington State Department of Commerce has provided a $150,000 grant from Governor Jay Inslee’s economic development strategic reserve fund to support the new facility’s location.
“We are proud to welcome Web Industries to the leading global aerospace industry hub here in Washington,” says Governor Inslee. “The company’s significant planned investments in Snohomish County are a tremendous addition to one of the most robust carbon fibre composite manufacturing clusters anywhere in the world.”
Marysville Mayor Jon Nehring adds, “I am delighted to welcome Web Industries to the Arlington Marysville Manufacturing Industrial Centre. This investment adds 75 new jobs in Marysville and will undoubtedly attract other employers who value available land and infrastructure at a more affordable rate than that of most of the Puget Sound.”
What are the Advantages of Web Industries New Location?
Boeing could realise additional benefits via inventory savings. Web now ships formatted tapes to Boeing twice per month. When the new plant is operational, smaller shipments will be delivered as often as twice per day, which will require less handling and storage at Boeing. The expectation is to achieve a just in time service model.
Toray, too, will enjoy advantages associated with Web’s new nearby location. “Web has been a long-standing partner of Toray and enabled us to expand our product portfolio of advanced materials with great results, says Don Myers, Director of Aerospace Sales, Toray CMA. “We look forward to continuing our work with Web Industries as they start up their facility in Marysville.”
Patrick Pierce, President and CEO of Economic Alliance Snohomish County, concludes that Web Industries is the first sizeable composites formatter in the Seattle area. “Web’s commitment to the region is the first significant one by a materials formatter in the carbon fibre space, and we expect others to follow,” Pierce says. “Aerospace has been the centre of our industrial activity for decades, and the adoption of composite materials for the Boeing 787 and now the 777X broadens our regional supply chain. We also anticipate that Web’s expertise will have applications in industries outside of aerospace. Our interactions with Web executives over the past months have been most professional and we look forward to having them join our leadership community.”
Photo provided by Web Industries
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