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Corvac Composites, Morgantown auto parts supplier, to expand Company leaders initially established Kentucky operations at 223 Industrial Drive South in Morgantown in 2005. They added the 390 Industrial Drive North location in 2010. Corvac employs 190 people across the two operations. Click on headline for complete Economic Development Story Kentucky Press News Service Original Story URL FRANKFORT – (Fri 1 Jun 2018) Automotive supplier Corvac Composites LLC will expand production in Morgantown with a $6.1 million investment expected to create 30 full-time jobs, Gov. Matt Bevin announced Friday in a news release. Corvac operates two facilities in Morgantown. For its new project, company leaders said they plan to purchase and install equipment at its 390 Industrial Drive North building. The investment will provide additional production capacity necessary to fill new business contracts. Corvac, a manufacturer of automotive underbody systems, brings more than 30 years of experience as a supplier of airflow management and water-deflection systems to OEM and Tier 1 manufacturers globally, the news release said. Corvac operates facilities on three continents, including five operations in the U.S. Customers include Honda, Fiat Chrysler, Ford and Toyota, the largest purchaser of Corvac's components. Company leaders initially established Kentucky operations at 223 Industrial Drive South in Morgantown in 2005. They added the 390 Industrial Drive North location in 2010. Corvac employs 190 people across the two operations. Butler County Judge-Executive David Fields pointed to the importance of Corvac's presence in the community. "Butler County is proud to have Corvac Composites in our business community," Judge-Executive Fields said. "Our region's economy is largely made up of companies within the manufacturing sector, with nearly 30 percent of all jobs in Butler County in manufacturing. We thank Corvac for their continued support of our community and congratulate them on this wonderful project." This story was posted on 2018-06-02 04:28:52
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