• About
    • About Us
    • What We Cover
  • Advertise
    • Advertise
    • Our Advertisers
  • Contact
  • Donate
  • Send News
  • Subscribe

Oak Ridge Today

  • Home
  • Sign in
  • News
    • Business
    • Community
    • Education
    • Government
    • Health
    • Police and Fire
    • U.S. Department of Energy
    • Weather
  • Sports
    • High School
    • Middle School
    • Recreation
    • Rowing
    • Youth
  • Entertainment
    • Arts
    • Dancing
    • Movies
    • Music
    • Television
    • Theater
  • Premium Content
  • Obituaries
  • Classifieds


LeMond Composites to make carbon fiber, composite bicycles—invest $125 million, create 242 jobs

Posted at 8:32 pm October 13, 2016
By John Huotari Leave a Comment

lemond-composites-greg-lemond-2-oct-12-2016-web

Greg LeMond, 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 Horizon 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. (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.

Among the officials celebrating the opening on Wednesday were LeMond, and Tennessee Economic and Community Development Commissioner Randy Boyd.

Carbon fiber has advantageous properties, but cost has been a barrier to using it, said Connie Jackson, chief executive officer of LeMond Composites. She said the manufacturing process has been changed to reduce production cost.

“We have overcome a significant part of the cost barrier,” Jackson said.

Carbon fiber is light, stiff, and strong, making it the perfect material for advanced composites in a variety of applications. It can be used to improve efficiency, save energy, and build or repair vehicles and planes, wind turbines and containers, and bridges and tunnels. [Read more…]

Filed Under: Business, Business, Federal, Front Page News, Government, Oak Ridge, Oak Ridge, Oak Ridge National Laboratory, Recreation, Roane County, Roane County, Slider, Sports, State, Top Stories, U.S. Department of Energy Tagged With: advanced manufacturing, Bill Haslam, carbon fiber, Carbon Fiber Technology Facility, Connie Jackson, Greg LeMond, Heritage Center, John Bradley, LeMond Companies, LeMond Composites, Nicolas Wegener, Oak Ridge, Oak Ridge Electric Department, Oak Ridge National Laboratory, ORNL, Randy Boyd, Roane Alliance, Roane County, Roane State Community College, Tennessee Economic and Community Development, Tennessee Valley Authority, Thomas Zacharia, Tour de France, TVA, U.S. Department of Energy, vehicle technologies

Explore ORNL event postponed to Sept. 23-24

Posted at 9:32 am June 30, 2015
By Oak Ridge National Laboratory Leave a Comment

Oak Ridge National Laboratory’s Explore ORNL conference has been rescheduled until September 23-24 to coincide with a larger industrial outreach event at ORNL this fall. Explore ORNL was originally scheduled for July 14-15.

The September event will feature capabilities in building technologies, vehicle technologies, and advanced manufacturing, and will highlight new opportunities for small businesses to gain access to national laboratories, including ORNL.

Information about the September industry event will be released in the coming weeks.

Filed Under: Front Page News, Meetings and Events, Oak Ridge National Laboratory, Top Stories, U.S. Department of Energy Tagged With: advanced manufacturing, building technologies, Explore ORNL, industrial outreach, national laboratories, Oak Ridge National Laboratory, ORNL, small businesses, vehicle technologies

Search Oak Ridge Today

Classifieds

Public Notice: NNSA announces no significant impact of Y-12 Development Organization operations at Horizon Center

AVAILABILITY OF THE FINAL ENVIRONMENTAL ASSESSMENT FOR THE OFFSITE HOUSING OF THE Y-12 DEVELOPMENT … [Read More...]

ADFAC seeks contractors for five homes

Aid to Distressed Families of Appalachian Counties (ADFAC) is a non-profit community based agency, … [Read More...]

Public notice: Draft environmental assessment for Y-12 Development Organization at Horizon Center

AVAILABILITY OF THE DRAFT ENVIRONMENTAL ASSESSMENT FOR THE OFFSITE HOUSING OF THE Y-12 DEVELOPMENT … [Read More...]

Recent Posts

  • ORAU launches new app with a variety of resources available, including hundreds of STEM internships, fellowships and research opportunities
  • Disposing of uranium waste could cost at least $7.2 billion
  • Y-12 now getting power from Pine Ridge substation
  • Man sentenced to 8 years after fleeing, crashing, attempting carjackings
  • Three Ohio residents die in two-vehicle crash
  • DOE picks Idaho for nuclear test reactor
  • TBI investigating man’s death
  • Luminarias to feature peace messages
  • Oak Ridge tennis court dance is Thursday
  • DOE bus tours restart in Oak Ridge
A Twitter List by OakRidgeToday

Recent Comments

  • Matt Bailey on Dodson also wants to serve as mayor pro tem
  • Mark Caldwell on Dodson also wants to serve as mayor pro tem
  • Matt Bailey on Dodson also wants to serve as mayor pro tem
  • Mark Caldwell on Dodson also wants to serve as mayor pro tem
  • Matt Bailey on Dodson also wants to serve as mayor pro tem
  • Tracy Powers on Planning Commission to consider Main Street apartments, plan revisions
  • johnhuotari on Four incumbents re-elected to Oak Ridge City Council
  • Levi D. Smith on Four incumbents re-elected to Oak Ridge City Council
  • samuel hopwood on Housing: Apartments proposed on former AMSE site
  • Matt Bailey on Robin Smith named Oak Ridge police chief

About Us

About Oak Ridge Today
What We Cover

How To

Advertise
Subscribe

Contact Us

Contact Oak Ridge Today

Copyright © 2022 Oak Ridge Today