PolyOne Forms New Advanced Composites Group
Through acquisition of two key businesses, PolyOne positions itself for "next-generation" composites development.
PolyOne, Avon Lake, Ohio, has formed the PolyOne Advanced Composites group, following the acquisition of two key Colorado-based specialty businesses from Gordon Holdings— Polystrand of Engelwood and Gordon Composites of Montrose, which design and produce innovative, lightweight, high-performance solutions, utilizing advanced composite technology and state-of-the-art manufacturing capabilities. The acquired businesses join PolyOne’s existing portfolio of complementary products in a comprehensive platform that make up the newly-formed business group.
The acquisition of Polystrand, which has been a pioneer of continuous thermoplastic composite technology that delivers the high strength and lightweight characteristics of composites along with the design flexibility to form more complex shapes, places PolyOne at the vanguard of this next-generation technology. Current applications include materials for the aerospace, transportation, outdoor and security and protection markets.
The acquisition of Gordon Composites, which develops high-strength profiles and laminates for use in vertical and crossbow archery, sports and recreation equipment, prosthetics, and office furniture systems, further strengthens PolyOne’s existing portfolio of thermoset composite.
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