Saint Gobain buys US industrial and aerospace manufacturer
HyComp, established in 1886, employs about 120 people and supplies composite components made with proprietary carbon fibres and thermoplastic materials. The products made include wear rings and air rotary valves as well as actuation and electronic systems on aircraft.
“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 is ‘the world’s largest’ building materials company, with over 179,000 employees and sales of approximately $46 billion (more than €37 billion) in 2017. To read more about Saint Gobain, look out for an interview with Christophe Valdenaire, Saint-Gobain Performance Plastics’ global market manager for oil and gas seals, in the next issue of Fluid Handling International, available online 19 March.