HEXCEL has officially opened its new carbon fiber plant at the Les Roches-Roussillon Chemicals Industry Platform in Isère, France. Muriel Pénicaud, French Labor Minister, Yannick Neuder, Vice-President of the Auvergne-Rhône-Alpes region for higher education, research, innovation and European funding, and Nick Stanage, HEXCEL Chairman, CEO and President, as well as local dignitaries, media representatives and HEXCEL customers, partners and employees were in attendance.

The new 37-acre plant is devoted to the manufacture of carbon fiber and PAN precursor. Four years after the project launch on September 30, 2014, the site is operational and increasing HEXCEL’s global carbon fiber production capacity. HEXCEL invested 200 million Euros in the plant.

It will generate 120 direct jobs and 250 indirect positions. HEXCEL’s workforce in France has now risen to 1,200 people with more than 1,000 employees located in the Auvergne-Rhône-Alpes region.