A south Sacramento carbon fiber plant owned by Japan’s Mitsubishi Chemical Holdings plans to add 50 jobs next year as it expands its production line.
The company’s Mitsubishi Rayon Carbon Fiber and Composites Inc. subsidiary is spending about $70 million on an expansion that will roughly double its capacity, said Matt Ozeki, general manager of the carbon fiber division.
“Demand for carbon fiber is increasing,” he said Tuesday.
Carbon fiber is used in a range of products, from sporting goods to aerospace. Ozeki said the plant is seeing an uptick in demand for fuel tanks that hold compressed natural gas.
The hiring will bring total employment at the south Sacramento plant to about 170. The expansion is expected to be completed sometime in the second half of 2016, he said.
Editor’s note (Dec. 24): Because of a reporter’s error, an earlier version of this story incorrectly identified the company’s parent. Mitsubishi Rayon is owned by Mitsubishi Chemical Holdings, which is independent of the automaker.