Fibreworks Composites Announces Expansion Plans
Fibreworks Composites recently announced plans to expand in a building located in Mooresville in order to better serve their client base. This $5 million investment in a state-of-the art facility will house the company’s CNC machining and provide the catalyst for the creation of 60 new jobs.
Currently located at 143 Thunder Road in Mooresville, Fibreworks Composites was founded in 2009 by Guenther Steiner and Joseph Hofmann. The company is a vertically integrated fabricator offering design and development, tooling, fabrication, and finishing services to top teams in NASCAR and F1 as well as OEM customers globally. Specializing in the use of hand-laid carbon fiber prepreg to produce multi-material co-molded assemblies, high-temperature parts, complex geometry components with Class A interior surfaces, and multi-component bonded assemblies, Fibreworks Composites is rooted in a core philosophy to satisfy customers with high quality composite parts while meeting their fast-paced demands.
In 2022, the company increased their market share in three key markets that has propelled the company’s growth. Fibreworks is committed to maintaining their upward trajectory by continuing to enhance their technology and adding additional CNC machines. To further ensure their growth goals are achieved, Fibreworks worked in conjunction with Iredell Economic Development Corporation to secure economic grants from the Town of Mooresville and Iredell County as well as a customized training grant from the North Carolina Community College System which will be administered through Mitchell Community College, a recognized leader in workforce development.