Hexcel to Expand Engineered Core Operations in Morocco

Hexcel Corporation today announced an expansion at its existing engineered core facility in Casablanca, Morocco at the Midparc Free Trade Zone Industrial Park that will double the size of the plant and will lead to an increase in overall employment

STAMFORD, Conn., September 1, 2021 – Hexcel Corporation (NYSE: HXL) today announced an expansion at its existing engineered core facility in Casablanca, Morocco at the Midparc Free Trade Zone Industrial Park that will double the size of the plant will lead to an increase in overall employment.

The Casablanca facility was built as part of Hexcel’s ongoing worldwide investment to create a diversified and robust global supply chain to support aerospace customers’ growing demand for engineered core. At the plant, Hexcel transforms lightweight honeycomb materials into engineered core parts to reinforce structures in the aerospace industry, particularly for aircraft, engine nacelles, and helicopter blades. Hexcel broke ground on the site in 2016 and celebrated its grand opening in March 2018.

With this newest expansion expected to be completed in early 2023, Hexcel will double the plant’s size to 24,000 square meters. Currently, Hexcel employs 120 people at the site and plans to increase employment to about 400 people after the expansion is completed. The expansion will include the installation of solar panels to reduce future reliance on non-sustainable energy sources.

Thierry Merlot, Hexcel President – Aerospace for Europe, MEA/AP & Industrial, said, “Today, Hexcel confirmed its decision to invest in Morocco, like many players in the aerospace sector such as our Midparc neighbors and customers including Stelia Aerospace (Airbus), Safran, and Spirit AeroSystems. Key factors in our decision to expand the Casablanca site included the highly skilled workforce in the area, support from the state, and proximity to our customers.”

Moulay Hafid Elalamy, Minister of Industry, Trade, and Green and Digital Economy, said, “The new investment gives confidence in Morocco’s dynamic aeronautics sector and its role in creating a carbon-free global economy. We are very proud to continue the journey together.”

Hamid Benbrahim El Andaloussi, President of Midparc, said, “Hexcel’s decision to launch the extension of its current site confirms the success of its establishment in Midparc and further reinforces the quality partnership developed between the two companies.”

About Hexcel

Hexcel Corporation is a leading advanced composites company. It develops, manufactures and markets lightweight, high-performance structural materials including carbon fibers, specialty reinforcements, prepregs and other fiber-reinforced matrix materials, honeycomb, adhesives, engineered core and composite structures for use in commercial aerospace, space and defense and industrial applications.

 

Contacts   

Sophie Meyniel | +33 4 72 25 26 33 | sophie.meyniel@hexcel.com

Kaye Veazey | +1 203 352 0339 | kaye.veazey@hexcel.com