Article

Solstice Advanced Materials Inc. plans to invest over $220 million in a new fiber manufacturing facility in Colonial Heights, Virginia, aimed at producing advanced materials for military applications. The investment, which will span until September 2030, is expected to create 100 jobs and enhance the company's technology leadership in protective materials. The facility will focus on ultra-high molecular weight polyethylene fibers, which offer superior strength and weight advantages over traditional materials like Kevlar.