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Zoltek Soars; Deal With Magna For Carbon Fiber Car Parts

MGA  ZOLT  

Linked by The Tech Trade ( track newsfeed | ignore newsfeed ) - March 28, 09:11AM from (www.forbes.com)

Zoltek shares are trading sharply higher Wednesday morning after the company announced that it is working with a unit of Magna International to speed development of low-cost carbon fiber sheeting molding compounds for the auto industry. "We have long regarded the automotive industry as the largest potential user of low-cost, high-performance carbon fibers, and it ...

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