FiberPro

Fiberpro signed a supply contract with Hanwha Aerospace worth KRW 4,558,040,000 for optical sensor assemblies related to IM3 business carbon durability products and launch tubes. The contract runs until November 16, 2029.

FiberPro announced it is expanding its manufacturing facility in Hot Springs, Arkansas, investing more than $3.1 million and creating 69 new jobs over three years. The company manufactures custom log and lumber equipment.