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12/29/2006

Core Molding To Buy Premix

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One of the oldest names in U.S. composites is due to be sold.

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One of the oldest names in U.S. composites is due to be sold. Core Molding Technologies, Inc., Columbus, Ohio, has signed a letter of intent to purchase Premix, Inc., North Kingsville, Ohio, a 46-year-old compounder and molder of glass-reinforced thermoset SMC, BMC, and TMC. Premix also owns Quantum Composites in Bay City, Mich., which makes high-performance thermoset molding compounds. Core Molding Technologies is a compounder and molder of SMC and also uses RTM, spray-up, and hand lay-up to produce composites for cars, trucks, and personal watercraft. It has four plants in the U.S. and Mexico.

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