UCAR Relocates 03/10/99 UCAR relocated its headquarters to Nashville. UCAR manufactures graphite electodes and other graphite products. PEAR Signs Distribution Agreement 03/08/99 PEAR Technologies has entered into an exclusive agreement with Formosa Chemicals & Fibre Corporation to distribute ABS resins in the U.S.
Coyote Reports Loss 03/04/99 Despite an increase in revenues, Coyote Sports reported a fourth quarter and annual loss. Excluding a large nonrecurring charge, the net loss was lower than in the previous year. New McWhorter VP 03/04/99 McWhorter Technologies named Daryl Dierwechter VP of ES&H. ATP Earnings Up 02/25/99 ATP, parent company of Lincoln and Marion Composites, reported a strong increase in fourth quarter and annual earnings. Kafus Bio-Composites 02/25/99 Kafus Bio-Composites has begun construction of a new composites plant in Elkhart, Indiana. Kafus makes natural fiber composites as a fiberglass replacement, but the release doesn't say what fibers are used. Ciba 1998 Earnings 02/25/99 Ciba Specialty Chemicals reported a sharp drop in net incomce for 1998. Kafus Earnings Drop 02/25/99 Kafus, a manufacturer of natural fiber composites, reported a larger loss in 1998 than in 1997. The loss was attributed to startup costs and changes in accounting methods. Design Evolution 4 Expands 02/23/99 Design Evolution 4, a Lebanon, Ohio manufacturer of composite prototypes, has doubled the size of its facility to 20,000 square feet. Avcorp 1999 Q1 Earnings 02/23/99 Avcorp reported a strong increase in revenues for the first quarter of 1999, but increased expenses resulted in a new loss for the quarter. K2 Earnings Fall 02/23/99 K2 reported a drop in fourth quarter earnings. The drop was blamed on weakness in the bicycle, ski, and inline skate markets. Snowboards, children's skates, and fishing gear helped to offset the decline. Brunswick Earnings 02/17/99 Brunswick Technologies reported an increase in revenues and earnings for the fourth quarter. Improved margins and lower material costs contributed to the increase. McWhorter Earnings 02/17/99 McWhorter Technologies, a manufacturer of resins for paints and fiberglass composites, reported flat earnings on a slight decrease in sales for the latest quarter. Aldila Earnings 02/12/99 Aldila reported a fourth quarter loss on weak demand for graphite golf shafts and a one-time charge for plant consolidation. Core Materials Earnings 02/12/99 Core Materials, a manufacturer of SMCs, reported increased sales and earnings for the fourth quarter. Denali Earnings 01/27/99 Denali reported a strong increase in both earnings and revenues for the latest quarter. Kistler Back On Track? 01/27/99 Financing and export license problems have forced Kistler to delay its program, including manufacture of the vehicle composite structures. It looks like some of those problems may be resolved soon. PPG To Close Glass Plant 01/27/99 PPG will close its fiberglass research facility in O'Hara, PA. Worldwide capacity has increased in the last few years, resulting in a surplus of glass fibers. Cytec Earnings 01/25/99 Cytec announced a 9% increase in fourth quarter earnings per share. Sales of composites were flat. Cytec Acquires Nottingham 01/25/99 Cytec has acquired Nottingham Co.'s specialty chemical industrial minerals product line. Cytec Buyback 01/25/99 Cytec will spend up to $100 million to repurchase share's of its outstanding common stock. Rogers Buys Cytec Molding Business 01/22/99 Rogers Corporation has acquired the engineered molding compounds business of Cytec Industries. Hexcel Earnings 01/21/99 Hexcel reported a significant decline in fourth quarter earnings, though the numbers look much better if acquisition costs are excluded. Eastman Cutting Machines 12/29/98 Eastman Machine Company has been streadily increasing its sales of automated fabric cutting machines. National Composite Center Reorg 12/22/98 The management of the new National Composite Center in Kettering, Ohio, is being reorganized to better focus on target markets.
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