ATP Revenues, Earnings Up
05/03/99 Advanced Technical Products reported a strong increase in first quarter revenues and earnings. No mention is made of how this will affect the recently announced sale of the company. Brunswick Revenues Increase
05/03/99 Brunswick Technologies reported record first quarter revenues, though earnings were down a bit from 1998.
Denali Revenues, Earnings Up
04/30/99 Denali reported increased revenues and earnings for the third quarter, though the earnings increase was small after extraordinary charges were taken into account. ATP Enters Sale Agreement
04/29/99 Advanced Technical Products, the parent company of Marion Composites and Lincoln Composites, has entered into an agreement with an unnamed third party to sell the company at $14.00 per share. Chemfab Earnings Up
04/27/99 Chemfab reported an increase in thrid quarter earnings over the previous year. Most of the sales increase is attributed to a single project. Aldila Sales and Earnings Down
04/22/99 Aldila reported a sharp drop in first quarter sales coupled with a net loss. Golf shaft demand remains weak, but carbon fiber and prepreg sales are increasing. Cytec Reports Earnings
04/16/99 Cytec reported a slight drop in first quarter earnings compared to last year. Despite a drop in sales of composites, earnings in that market were up 1%. Ciba Reports Earnings
04/16/99 Ciba Specialty Chemicals reported an increase in first quarter earnings compared to last year. Structural Composites sales were down, but the segment showed clear signs of strengthening at the end of the quarter. CGP Increasing Hemp Investment
04/13/99 Consolidated Growers & Processors (CGP) has announced several corporate developments to strengthen its role as an industrial hemp producer. Kenaf Natural Fibers
04/13/99 Kafus has established a joint venture in Italy to grow Kenaf, a member of the hibiscus family. Kenaf fibers can be used in newsprint and structural composites. Composite Makers Eye Dayton
04/13/99 Four composite makers are considering locating new facilities in Dayton, Ohio. Part of the attraction is the large numbers of bridges in the state which need repairs or upgrades. TCI Building New Plant
04/13/99 Texas Composite Inc (TCI) is building a new plant which will double its floor space. TCI makes composite components for the aerospace industry. Trex IPO
04/13/99 Trex, manufacturer of a polymer-based wood composite for decking, announced its Inital Public Offering. Alyn's High Trading Volume
04/07/99 Alyn's recent high trading volume and subsequent low price were the result of a former officer divesting his shares to raise money for another venture. New Chemfab Division
04/01/99 Chemfab announced the formation of an Engineered Elastomer Products Division. Moldflow and C-Mold Exchange Suits
04/01/99 C-Mold has filed a counter-suit against Moldflow in an ongoing dispute over trade secrets. Hexcel Updates Outlook
03/30/99 Hexcel announced it will miss its first quarter earnings target, in large part because of continuing pressure from Asian economic conditions. Ameron Earnings Up
03/30/99 Ameron reported earnings for the first quarter, compared to a loss for the same quarter last year. Sales of fiberglass pipes were weak. Johnston Earnings
03/23/99 Johnston Industries reported net income for its fourth quarter but a loss for the year. Demand for composite textiles is good, but demand for home products is weak. Denali Acquires Welna
03/23/99 Denali will acquire European manufacturer Welna, creating the world's largest manufacturer of fiberglass components for industrial applications. Ashland Splits
03/23/99 Ashland Chemical is splitting into two divisions, Distribution and Specialty Chemical. Avcorp Loss to Continue
03/18/99 Continued expansion and environmental costs mean Avcorp's losses will continue for the next two quarters. Cytec Operating Segments
03/10/99 Cytec will begin reporting its financial results in four operating segments. It used to report in three segments. A. Schulman Expects Earnings Drop
03/10/99 Resin manufacturer A. Schulman announced that its earnings will fall below analysts' expectations. They did not give an estimate of the drop. Related story. Intermarine Announces Layoffs
03/10/99 Intermarine layed off 10% of its work force following the end of its Navy contract. Intermarine is trying to make the conversion to yacht construction.
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