Corvac Composites, a manufacturer of plastic parts for the auto industry, plans to expand into a second Morgantown, Ky. manufacturing facility this August.
Corvac designs and develops thermoformed wheel liners, air deflectors, under engine shields, belly pans, and underbody aero covers for automotive applications, according to its website. The company currently makes parts for Toyota, Honda and GM, according to a June 22 news release from the Kentucky governor’s office. Corvac currently has a facility in Morgantown, which opened in 2005, according to the release. The company will make an $8.1 million investment to expand into a new 93,750-square-foot plant, with plans to hire 75 employees, according to the news release. According to the release, the company has been approved for tax incentives of up to $2 million.
