Business

Boeing supplier will stay in state

A company that builds high-tech aircraft parts for Boeing and other aircraft makers will expand its business in Port Angeles after rejecting bids from several states to relocate.

Angeles Composite Technologies has signed a letter of intent with the Port of Port Angeles to lease two new buildings at the Airport Industrial Park in that Olympic Peninsula community.

The new buildings will help the company create 100 new jobs in the Port Angeles area and perhaps attract other composite parts builders to the region, said the port.

The company makes flight control surfaces for Boeing jetliners and for other companies.

Angeles President Michael Rauch said several states in the Midwest and the South offered the company incentives to move, but the company decided to remain in Port Angeles after the port offered to help it expand.

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