PORT ANGELES, Wash. (AP) — A high-tech aerospace company is expanding in Port Angeles.
Port of Port Angeles officials say Angeles Composite Technologies Inc. has signed a letter of intent for two new buildings at the port’s Airport Industrial Park. The port said Wednesday that it will issue bonds to pay for the $4 million project, which is expected to create 100 jobs and attract new business to the city.
ACTI makes advanced composite assemblies and components for aerospace companies, including Boeing, Lockheed Martin and Bombardier.
Port Executive Director Jeff Robb says construction of the first building should be completed by the end of 2011 and the second by mid-2012.
