
Greg LeMond, center, three-time Tour de France champion, celebrated the opening of LeMond Composites, a new company he co-founded, during a ceremony on Wednesday afternoon, Oct. 12, 2016, at Heritage Center in west Oak Ridge. The company is expected to make composite bicycles and carbon fiber, and invest $125 million and create 242 new jobs. Behind LeMond is Nicolas Wegener, LeMond Composites chief operating officer. At left is Thomas Zacharia, ORNL deputy director for science and technology. (Photo by John Huotari/Oak Ridge Today)
A new company co-founded by Greg LeMond, a three-time Tour de France champion, will make composite bicycles and carbon fiber for other products in Oak Ridge, and the business, called LeMond Composites, will invest $125 million and create 242 new jobs, officials said during a Wednesday afternoon ceremony. Here are photos from the ceremony.

A Sports Illustrated cover showing Greg LeMond as Sportsman of the Year in 1989 hangs near the entrance of LeMond Composites during an opening celebration at Heritage Center on Wednesday afternoon, Oct. 12, 2016. (Photo by John Huotari/Oak Ridge Today)

Nicolas Wegener, chief operating officer of LeMond Composites (Photo by John Huotari/Oak Ridge Today)

Randy Boyd, Tennessee Economic and Community Development commissioner (Photo by John Huotari/Oak Ridge Today)

Sketches on display during an opening celebration for LeMond Composites on Wednesday afternoon, Oct. 12, 2016, at Heritage Center in west Oak Ridge, show what the expanded facility could look like. The company is expected to make composite bicycles and carbon fiber, and invest $125 million and create 242 new jobs. (Photo by John Huotari/Oak Ridge Today)

Sketches on display during an opening celebration for LeMond Composites on Wednesday afternoon, Oct. 12, 2016, at Heritage Center in west Oak Ridge, show what the expanded facility could look like. The company is expected to make composite bicycles and carbon fiber, and invest $125 million and create 242 new jobs. (Photo by John Huotari/Oak Ridge Today)

Greg LeMond, co-founder of LeMond Composites in Oak Ridge, won the Tour de France three times, in 1986, 1989, and in 1990. Bicycles hang near the entrance of LeMond Composites during an opening celebration at Heritage Center on Wednesday afternoon, Oct. 12, 2016. (Photo by John Huotari/Oak Ridge Today)

Greg LeMond, co-founder of LeMond Composites in Oak Ridge, won the Tour de France three times, in 1986, 1989, and in 1990. Bicycles hang near the entrance of LeMond Composites during an opening celebration at Heritage Center on Wednesday afternoon, Oct. 12, 2016. (Photo by John Huotari/Oak Ridge Today)

Thomas Zacharia, Oak Ridge National Laboratory deputy director for science and technology (Photo by John Huotari/Oak Ridge Today)

Greg LeMond, co-founder of LeMond Composites in Oak Ridge, won the Tour de France three times, in 1986, 1989, and in 1990. Bicycles hang near the entrance of LeMond Composites during an opening celebration at Heritage Center on Wednesday afternoon, Oct. 12, 2016. (Photo by John Huotari/Oak Ridge Today)
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Emilee Smith says
Love this! More great news for Oak Ridge!
Joseph Lee says
Oak Ridge is on the move. Get in the game or stand back.