GKN to Purchase Boeing St. Louis Facilities 10/25/00 GKN Aerospace will acquire Boeing's structural fabrication facilities in St. Louis. GKN plans to expand the facilities, and will continue producing aircraft components for Boeing. ATP Earnings Increase 10/25/00 Advanced Technical Products reported a strong increase in third quarter earning. Revenues were up only modestly.
Hexcel Sales Down, Earnings Up 10/23/00 Hexcel reported an increase in third quarter earnings despite a drop in sales. Decreased costs and increased productivity in the Reinforcement Products division contributed to the results. Cytec Earnings Report Mixed 10/23/00 Cytec third quarter sales and earnings were mixed among its divisions. Continued downward pressure on earnings is expeced in the fourth quarter and into 2001. Aldila Sales, Earnings Rise 10/23/00 Aldlia reported a modest increase in third quarter sales and earnings, helped by strong growth in graphite golf shaft sales. Sales of carbon fibers were down. Ciba to Sell Hexcel Shares 10/23/00 Ciba Specialty Chemicals will sell most of its shares in Hexcel to an investor group, also transfering its director seats to the group. New Polymer Additives B2B Exchange Albemarle, Cytec and GE have formed PolymerAdditives.com, a joint venture for the online sales of specialty chemicals. PolymerAdditives.com Announces Management Team 10/23/00 The new polymers B2B exchange, PolymerAdditives.com, named the members of its three person management team. Composite Structures Receives 737 Order 10/03/00 Composite Structures, LLC received an order from Boeing to produce wing spoilers for the advanced-design Next-Generation 737 aircraft. Scaled Receives DC-8 Authority 10/03/00 Scaled Technology Works received a Parts Manufacturer Authority (PMA) for a wing trailing-edge panel for the DC-8. PolyOne Expects Lower Earnings 09/25/00 PolyOne, which includes the form M.A. Hanna, expects lower demand and higher raw material costs will lower third quarter earnings. New USPL President 09/08/00 U.S. Plastic Lumber has appointed Thomas McEvoy as President of the Plastic Division. Cytec Sells Paper Chemicals 09/06/00 In a continuation of its strategic realignment, Cytec will sell its Paper Chemicals business to Ciba Specialty Chemicals. Cytec Sells Paper Unit 09/06/00 Cytec is selling its paper sizing and strength businesses to The Bayer Group. ATP Retains Listing 09/06/00 Advanced Technical Products will remain listed on the Nasdaq National Market. Its trading symbol will change to ATPXE. Aldila Earnings Up 09/06/00 Aldila reported positive earnings for the second quarter, helped by strong sales of composite golf shafts. Prepreg volume is up, all of which is being consumed by its own operations. Auto Interiors Partnership 09/01/00 Johnson Controls and Polymer Group have formed a partnership to supply materials for auto interiors. Alliant Reports Record First Quarter Earnings 08/20/00 Alliant Techsystems reported a strong increase in first quarter earnings. Most of the gains were in munitions, with composite structures showing a decrease in sales. Hexcel Honeycomb Nominated for Award 08/20/00 Hexcel's aluminum honyecomb is a finalist for a "Best Use of Materials" award. The nomination is for its use in impact absorption in cars. Kafus in Receivership; Directors Resign A court appointed PricewaterhouseCoopers as interim receiver of Kafus. The company's remaining four directors have resigned. Kafus Capital Crunch 08/07/00 Kafus faces a serious working capital shortfall. Three executives have resigned and significant cost-cutting measures are being implemented. Kafus Looks for Funds 08/07/00 Enron North America will not provide further funding for Kafus, forcing it to look elsewhere for financing. AMEX has halted trading in the company; delisting may be next. AERT Interview 08/07/00 An interview with Joe Brooks, chairman of Advanced Environmental Recycling Technologies. AERT is a manufacturer of composite lumber. ATP Earnings Report 08/03/00 ATP reported a modest increase in second quarter earnings after charges for terminating a merger. Alcore was treated as a discontinued operation. Argonide Wins R&D 100 08/02/00 Argonide has won a R&D 100 Award for its development of electro-exploded nanometal powders.
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