Saint-Gobain Expands Its Presence on the European Aerospace Market
May 30 2016 - 10:57AM
Business Wire
Saint-Gobain Performance Plastics has acquired the assets of
MIPNET Industries operating under the brand JTT Composites. Based
at a new facility near Bordeaux, France, JTT Composites supplies
the regional aerospace market and sells composite parts designed
with the innovative RT2iTM weaving technology.
“This acquisition will expand our portfolio of high-performance
solutions and value-adding services and, thanks to new processes,
enhance our production capabilities. The European aerospace sector
is booming right now and we have set our sights high on this
market,” said Scott Huth, Business Manager for Saint-Gobain
Performance Plastics.
This acquisition is in line with the Group’s intention to
strengthen its positioning on growth markets.
ABOUT SAINT-GOBAIN
Backed by its experience and its capacity to continuously
innovate, Saint-Gobain, the world leader in the habitat and
construction market, designs, manufactures and distributes
high-performance and building materials providing innovative
solutions to the challenges of growth, energy efficiency and
environmental protection. With 2015 sales of €39.6 billion,
Saint-Gobain operates in 66 countries and has more than 170,000
employees. For more information about Saint-Gobain, visit our
website www.saint-gobain.com and Twitter account @saintgobain or
download the “Saint-Gobain Shareholder” app for tablets and
smartphones.
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version on businesswire.com: http://www.businesswire.com/news/home/20160530005235/en/
Saint-Gobain Performance PlasticsScott
HuthScott.T.Huth@saint-gobain.com