BMW Group and SGL Group have formed a joint venture called SGL Automotive Carbon Fibers. The joint ventures purpose is to manufacture carbon fiber for BMW's all electric MagaCity vehicle. On July 7, ground was broken for the Carbon Fiber manufacturing facility in Moses Lake Washington. The facility will be constructed just east of the Grant County International Airport and the first phase will employ 80 people. Several thousand tons of carbon fiber will be manufactured each year at the facility.
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