Cytec Handily Beats Consensus
04/15/00 Cytec's first quarter earnings exceeded analysts' consensus by almost 10%. Composite sales were down because of a decrease in commercial aircraft production. Morton Industrials Divests Composites
04/05/00 Morton Industrials reported a loss for the fourth quarter of 1999. Also during that quarter, Morton divested the assets of Carroll George, Inc., a composite structures business.
CAR Stock Split
04/05/00 Composite Automobile Research announced a shareholder meeting to vote on a stock split and a name change to World Transport Authority. Senator to Visit Composites Plant
04/05/00 Senate Majority Leader Trent Lott will visit Alliant Techsystems composites plant in Mississippi. The plant manufactures launch vehicle structures, including some for the Titan IV. BFGoodrich and APT Form JV
04/04/00 BFGoodrich and Advanced Polymer Technology have formed a joint venture in North America to produce specialty polymers and manufactured products. Hexcel Sells Interiors Business
04/04/00 Hexcel has entered into an agreement to sell its aircraft interiors business to Britax International. ATP Annual Report Delayed
03/30/00 ATP will delay filing of its annual report. Continued review of Alcore records indicate 1999 earnings adjustments may be significantly larger than initially expected. New Glass Fiber Mat Facility
03/30/00 Owens Corning and IKO Industries are forming a joint venture called FIBERTEQ LLC to manufacture glass fiber mats for asphalt shingles. Alyn Settles Lawsuit
03/28/00 Metal matrix manufacturer Alyn settled a lawsuit it had brought against DataCorp for a payment of $1.8 million. No details of the suit were given. Cytec Realigns Strategic Focus
03/22/00 Cytec is examining its businesses and refocusing its portfolio to accelerate earnings growth. Composites are considered a core business. The initial effort seems to be focusing on paper products. Nylon Price Increase
03/15/00 Solutia has announced price increases for Ascend brand nylon 6,6. CSI to Acquire TSC
03/15/00 Composite Solutions, a company which uses composites for infrastructure retrofitting, will acquire Trans-Science Corp. TSC has developed software for the design of composite overlays. ZCL Contracts
03/15/00 ZCL Composites has entered into contracts with three companies to supply fiberglass storage tanks. Hexcel Stock Analysis
03/13/00 Analyst William Diem calls Hexcel a speculative buy, based on its efforts to penetrate the auto market. AASC Wins Radome Contract
03/09/00 Applied Aerospace Structures Corp. has won a Navy contract to build radomes for the E-2C Hawkeye. Alcore Management Changes
03/04/00 ATP Alcore has fired the President and CFO of Alcore; a Board member is replacing the President. In related developments: adjustments to 1999 accounting may eliminate 1999 earnings; and ATP has adoped a Stockholder Rights Plan. Silly Putty Turns 50
03/04/00 Silly Putty, a great toy for demonstrating viscoelastic material properties, celebrates its 50th birthday by releasing Metallic Gold Silly Putty. CanFibre Ships AllGreen MDF
03/04/00 Kafus subsidiary CanFibre has begun shipping its AllGreen MDF to Home Depot. AllGreen MDF Certified
02/26/00 Kafus' AllGreen medium density fiberboard (MDF) has been certified as compatible with the Forest Stewardship Council-U.S. (FSC) program for responsible forest products. Griffon Aerospace Startup
02/22/00 Griffon Aerospace is about to deliver its first kit plane. Starting up a new composites company isn't easy... Aldila Earnings Down
02/17/00 Aldila reported a drop in fourth quarter earnings resulting from continuing weakness in composite golf shaft sales. No indication of trends in fiber and prepreg sales was given. McWhorter Sales Up, Earnings Down
02/17/00 McWhorter reported an increase in fourth quarter sales, but earnings fell because product line prices are lagging increases in raw material costs. Moldflow Acquires C-MOLD
02/17/00 Moldflow has signed an agreement to acquire C-MOLD. C-MOLD will continue as a separate product while Moldflow works on integrating the two product lines. Brunswick Earnings Up
02/16/00 Brunswick Technologies reported an increase in fourth quarter revenues, income, and earnings per share. Consolidation among distributors had a negative impact on sales. McWhorter Acquires Dyno ASA
02/14/00 McWhorter has acquired product lines, technology, and market information from Dyno ASA of Norway. The acquisition does not include any hard assets.
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