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Marine composites specialists sets sail for wider markets

Future Fibres Rigging Systems : 08 February, 2013  (Company News)
The award-winning composite rigging manufacturer Future Fibres is already involved in non-marine projects in civil engineering, military and Formula 1 racing across the world and sees great potential for the company’s value-added products in other industrial sectors such as in cranes, hoisting and lifting equipment.

CEO Hugues Jacquemin says that although the marine sector is central to Future Fibres’ success the recent contribution, development and manufacturing of cables for use in a high-tech composite footbridge clearly highlights the company’s intentions to expand know-how into other industrial sectors where cables and ties are utilised.

With 2012 sales that would, for the first time, exceed €15 million, Future Fibres announced in January that it expected to achieve year-on-year growth of 30 per cent in 2012, and highlighted the company's bright outlook for 2013, with key race projects and a €30 million strong order book.

Commenting on the announcement, Future Fibres' director, Phil Anniss, added: "In what remains a challenging environment, we are delivering double digital growth across our mast and rigging divisions, as well as significant developments in our special projects team. The mast division, which is just two years old, has been the biggest winner, with an increasing number of owners and yards choosing complete packages with us - demonstrating the speed by which we have become a preferred supplier at the very top end of the market."

Helping to reinforce its position as a key player in the mast industry, 2012 saw Future Fibres chosen by one of the world's most respected superyacht yards, Perini Navi, to supply a complete carbon mast, boom and rigging package for its latest 60m sloop. Work is well underway on the first of three 30m furling booms, which will be the largest ever constructed. This follows the completion of a complete set of Future Fibres' TSC carbon rigging, which is due for delivery in the new year and destined for Perini's 60m ketch, currently named C.2193.

Future Fibres is currently looking to attract a number of key roles to the business in Valencia and is also exploring additional manufacturing sites as it looks to manage its capacity over the longer term

Exhibiting at the JEC Composites Show in the Spanish Pavilion (booth X20), the company will highlight its wide range of composite products for rigging, spars and booms for all types of grand prix racing, super-yachts and performance yachts.

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