Denali Completes Welna Acquisition
07/07/99 Denali completed its acquisition of Welna. The combined company forms the world's largest manufacturer of fiberglass composites for corrosion-resistant applications. Avcorp Wins Airbus Contract
07/07/99 Avcorp has won a contract to supply Ram Air Turbine Doors to Fischer Advanced Composites Components GESmbH in Reid, Austria.
Kafus Rated Strong Buy
07/07/99 Impact Capital initiated coverage of Kafus with a "strong buy" rating. Kafus makes natural fiber composites. Orica Exiting Plastics Business
07/07/99 Orica sold its polyester resin and gel coat business to Nuplex of New Zealand.. Hexcel Earnings Warning
07/06/99 Hexcel reported an expected drop in second quarter earnings due to weak demand from Boeing and other users, as well as an excess supply of carbon fibers in the industry. NuPro Acquires TrucTech
06/30/99 NuPro Innovations has acquired all of the assets of TrucTech. TrucTech developed a retractable top for pick-up truck beds using NuPro hybrid composite. Wyman-Gordon Earnings
06/25/99 Wyman-Gordon, parent company to Scaled Composites, reported an increase in fourth quarter earnings and improved gross margins. Ameron Earnings Improve
06/24/99 Ameron reported improved second quarter and year-to-date earnings. Profits in the fiberglass pipe business increased despite a drop in sales, Coyote to Restructure
06/23/99 Coyote Sports, facing long-term debt problems, is being forced to restructure its obligations. A planned merger with Royal Precision fell through, and its stock is expected to be delisted. Abaris Opens New Facility
06/22/99 Abaris and Alexendar SportAir are opening a new training facility south of Atlanta, Georgia. Both Abaris and Alexendar SportAir courses will be offered. Chemfab Acquisition
06/22/99 Chemfab recently acquired Synthetica, a distributor of Chemfab products in Germany. McWhorter Sells Syntech
06/22/99 McWhorter Technologies is selling its entire 50% stake in Syntech Far East. Hexcel Commences Exchange Offer
06/18/99 Hexcel announced an offer to exchange any and all outstanding 9 3/4% Notes due 2009 for similar notes without the transfer restrictions. ATP Sale Falls Through
06/15/99 Negotiations for the sale of ATP to a third party have ended. Other third parties have expressed interest in the company, and these possibilities are being explored. New BA Center in Australia
06/14/99 British Aerospace will open a new missile design center in Fishermans Bend, Victoria. It joins other facilities in the area, including the CRC for Advanced Composite Structures. Brunswick Wins Award
06/10/99 The Governor of Maine presented Brunswick Technologies with the International Innovator of the Year award for its efforts to expand the composites industry in Maine. Kafus Startup in September
06/10/99 Kafus, a manufacturer of natural fiber composites, expects its new Indiana plant to be operational by the end of September. Avcorp Wins Contracts
06/03/99 Avcorp has won three new contracts from Boeing, including one for lightweight aircraft interior panels. ATP Makes "Hot" List"
05/26/99 ATP, parent company to Lincoln and Marion Composites, as well as Alcore, made Business Week's list of the 100 fastest growing small cap stocks. Brunswick Elects New Director
05/26/99 Richard J. Corbin was elected to the Brunswick board of directors at the annual shareholders meeting. Avcorp Reports Loss
05/26/99 Avcorp reported a 32% increase in second quarter revenues, but suffered a loss on several non-recurring charges. Hanna Names New CEO
05/26/99 M.A. Hanna announced that Phillip Ashkettle will be its new president and CEO. Ashkettle faces the challenge of returning the company to profitability after several years of poor performance. $1.95 Coyote Reports Loss
05/19/99 Coyote Sports reported a first quarter loss on flat revenues. The weakness is blamed in part on decreased demand for graphite golf shafts. Alyn Restructures
05/14/99 Boralyn manufacturer Alyn announced it has completed its corporate restructuring. In addition, Alyn is also offering courses on the use of MMCs. CPS Earnings Down
05/11/99 Ceramics Process Systems, a manufacturer of metal matrix composites, reported a drop in first quarter earnings.
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