BFGoodrich to Close MD Plant
12/02/98 BFGoodrich is closing four of its Aerostructures plants, including a composite bonding plant in Hagerstown, Maryland. Avcorp Earnings
12/02/98 Avcorp reported record sales and earnings for FY '98. Fourth quarter EPS were flat due to relocation and environmental remediation costs.
Ameron Sells GHA
12/02/98 Ameron sold its 50% share of Gifford-Hill-American (GHA) as it refocuses on core businesses such as fiberglass pipes. Alyn Receives Transnuclear Order
12/02/98 Alyn has received an order to begin production of neutron absorbing materials for nuclear storage casks. The initial order, worth over $1 million, is from Transnuclear, Inc. XXsys Receives NASDAQ Waiver
11/30/98 XXsys was granted a temporary exception so it could continue to be listed on the NASDAQ SmallCap Market. The exception expires 02/01/99. Denali Management Change
11/25/98 Stephen Harcow, CEO of Denali, will be handing over many of his duties to other executive committee members. Mr. Harcow is fighting cancer and is unable to perform all of his duties. Avcorp Opens New Plant
11/25/98 Canadian aerospace manufacturer Avcorp opened its new 300,000 square foot facility in Delta, British Columbia. Cytec Sells BMC Business
11/24/98 Cytec completed the sale of its bulk molding business to Bulk Molding Compunds, Inc. Denali Buys Plasti-Fab
11/24/98 Denali completed its acquisition of Plasti-Fab, a manufacturer of fiberglass flumes and metering stations. New XXSys Director
11/20/98 Dave Abrams of Cape Composites has joined XXSys' Board of Directors, replacing two outgoing directors. Platforms Intl Acquaires Composites Unlimited
11/18/98 In a recent corporate teleconference, Platforms International discussed its acquisition of Composites Unlimited. BAT Composite Auto Plant
11/18/98 BAT International has opened a composite auto plant in Baja California. Another plant in Mexico will produce a Kevlar reinforced mini Hummer. Wright Tech Network
11/18/98 Efforts are being made to enhance technology transfer from government agencies in the Miami valley area, which include the Wright Patterson AFB. Composites are one of the target technologies. Hanna JV
11/17/98 M.A. Hanna has entered into a joint venture with Bifan SA, an Italian producer of thermoplastic elastomers. Eastman Exec Retires
11/17/98 Senior VP Tom O. Nethery of Eastman Chemical will retire. His position will be eliminated in a minor reorganization. Milacron Machine Sales
11/05/98 Milacron had a record number of multinational sales, orders, and inquiries for its plastics machines at a recent German trade show. Insider Buying at Zoltek
10/27/98 Four company officers bought almost 20,000 shares this summer in the $16 to $20 per share range. Allied Signal Marketing
10/27/98 Allied Signal has joined with two Asian chemical companies to form a new fiber marketing company based in South Korea. Xerxes Reduces Styrene
10/22/98 Xerxes Corp of Avon, Ohio, has received an emissions permit from the EPA, but must find ways to reduce its styrene emissions even further. Cobra Golf Divestiture
09/21/98 Cobra Golf sold its graphite shaft manufacturing subsidiary, West Coast Composites, to Coyote Sports. The sale was part of a restructuring in response to a slump in the global golf market. Cytec Downgraded
09/18/98 Deutsche Bank downgraded Cytec to accumulate from buy. This must have been a tough call after Cytec issued an earnings warning. This is the same analyst that upgraded Cytec just one month ago. Other analysts soon followed suit. From Mine Hunters to Yachts
08/18/98 Savannah boatmaker Intermarine has begun building private yachts in an effort to diversify following the end of the Cold War. The cost of a composite hull and machinery for a 100 foot yacht runs about $5 to $6 million. Finishing is extra. COI Buys R-Cubed
06/08/98 Composite Optics, Inc. recently announced the purchase of R-Cubed Composites. R-Cubed will gain from COI's extensive history, while COI increases its diversity. Seismic Retrofits
04/22/98 Johnston Industries has won a contract to retrofit 3480 bridge columns with its composite jacket technology. Even more competition for XXSys. Fiber Placement Facility
12/02/97 Under contract to Lockheed Martin, Alliant Techsystems will demonstrate a fiber placement process for manufacturing F-22 components.
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