I had'nt seen this before but this is used by Lexus for one of their new sportscars.
Apparently there only two of these weavers in the world but it looks very complex and impressive.
Could this technique also be used to make boat parts?
Looks great for making long parts like masts etc.

The video is listed on this website:
http://www.autoblog.com/2009/10/29/video-weaving-the-lexus-lfas-carbon-fiber-a-pillar/