Screenshot of the Paragon D&E website.
Grand Rapids (WZZM) - A Grand Rapids aerospace company has finished its five million dollar expansion.
Paragon D&E on 33rd Street SE added 26,000 square feet to its Grand Rapids facility and outfitted it with advanced equipment to make molds for jet engine components and other parts.
The company has 225 employees and expects to post sales of about $40 million this year. In 2006, only 150 people worked for the company.
The current growth is partly due to the manufacturing of jet engine parts from composite materials.
Paragon's president expects airlines to begin switching from jet engines made mainly of metal alloys to composite materials.
"Basically, most of what the air touches as it travels through the jet engine is starting to be made from composites," Muir said. "Jet engine manufacturers are changing the whole dynamic of how engines operate by significantly increasing their air flow. In many cases, it will be cost effective to tear existing engines off jets and replace them with composite jet engines."
Paragon D&E is in talks or already working with jet engine manufacturers like GE, Pratt & Whitney and Rolls-Royce.
Paragon services the aerospace, oil and gas production, automotive, heavy truck, mining, marine and nuclear waste industries.