Saint-Gobain’s Performance Plastics business has acquired HyComp LLC, an Ohio-based manufacturer of advanced proprietary components for the aerospace and industrial markets.
Founded in 1986, HyComp operates from a single location in the Cleveland area where it has approximately 120 employees. The company is a leading supplier of composite components made with proprietary carbon fibers and thermoplastic materials, used in applications such as actuation and electric systems on aircraft, as well as wear rings and air rotary valves for the canning and rolling mills markets.
“HyComp’s joining Saint-Gobain gives us the opportunity to broaden our portfolio of critical parts for high-temperature and long-life applications in aerospace and industrial applications,” says Jean Angus, General Manager of Saint-Gobain Performance Plastics’ Seals Division. “The HyComp management team’s years of experience will help us to continue to make a material difference for our customers. The operation’s design, engineering and quality control processes, coupled with pioneering, advanced thermoplastic and thermoset manufacturing capabilities, have provided customers with unique, complex parts critical for demanding applications over the years. It’s a perfect fit for Saint-Gobain.”
Saint-Gobain Performance Plastics is the world's leading producer of engineered, high-performance polymer products, and serves virtually every major industry across the globe, with 58 manufacturing facilities and 6,500 employees in 21 countries throughout the world. The business is part of Saint-Gobain, the world’s largest building materials company, which has more than 179,000 employees and operations in 67 countries, and global sales of $46.1 billion in 2017. In the United States and Canada, Saint-Gobain has approximately 150 locations and more than 15,000 employees, and reported sales of approximately $6.1 billion in 2017.
Copyright Business Wire 2018