# AIM Aerospace to expand with $125,000 grant from Washington State

AIM Aerospace, a manufacturer of advanced carbon fiber for aerospace, received a $125,000 grant from the Washington State Department of Commerce to support capital investments. The company plans to grow 10% year-over-year for four years and increase workforce by 30% by 2023.

- Type: Expansion
- Announced: 2018-09-25
- Where: Tacoma-Pierce County, Washington, United States
- Value: $125K
- Status: announced
- Products: advanced carbon fiber
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [AIM Aerospace Corporation](https://endata.com/companies/21873.md)
- [Washington State Department of Commerce](https://endata.com/companies/34526.md) (investor)

## Sources

- [southsoundbiz.com](https://www.southsoundbiz.com/news/south-sound-aerospace-company-to-expand-thanks-to-125-000-grant/article_1d1d5674-8075-57af-81c1-2ae1ad5792b3.html), 2018-09-26: "We are excited to have the Governor's support as we are creating a better company that is more technologically advanced in the State of Washington while adding more value to our customers, our employees, and our shareholders."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.