A groundbreaking ceremony to commemorate a $2.5 million expansion of Superior Composites at the Black Oak Industrial Park was held Monday morning at the facility.
Kenn Moritz, President of Stonewood Capital Management and CEO of Superior Composites, joined other company, state and local officials for the ceremony.
“Stonewood Capital is a private equity group based in Pittsburgh,” Moritz said. “We make investments in small manufacturing companies, like this one. What we look for when we invest is a competitive advantage in a market and a growth strategy that we can believe in.”