(Continued from p. 17)
CAD Cut specializes in providing
composite ply kits to the aerospace,
aviation, defense and industrial markets. The company also manufactures
multilayer insulation blankets for cryogenic applications in medical devices
and produces process aids used in
conjunction with wind-tunnel testing
devices.
Web Industries is a privately held,
100 percent employee stock ownership
plan (ESOP) company. Its mission is to
provide commercial-scale outsource
converting, manufacturing and development services to a wide array of customers in the aerospace composites,
consumer products, medical and wire/
cable markets.
The acquisition is expected to exploit synergies between the two companies, especially in the aerospace
sector, where Web Industries has provided precision composite slit tape for
automated manufacturing and CAD
Cut has supplied precut and kitted
material for hand layup of advanced
composite parts. With the addition of
CAD Cut's ply cutting and kitting capabilities to Web Industries' proprietary
composite slitting, spooling, chopping
and winding technologies, the combined company expects to be able to
offer a full range of advanced composite formatting solutions.
"Web Industries is thrilled to add
CAD Cut's ply cutting and kitting services to our own PrecisionSlit converting
technologies in order to offer the composites, medical, and industrial fabrics
markets an even more comprehensive
suite of material formatting services
and solutions," says Donald Romine,
president and CEO of Web Industries.
"We were attracted to CAD Cut because
they're the best at what they do, and
what they do is a natural extension of
what we're best at doing."
Commenting on the acquisition,
CAD Cut's president, Ward Osgood,
says, "I'm extremely pleased by the
advantages brought to our customers
and employees through the combination of these two organizations. The
financial and operational strength
that Web brings, coupled with their
deep expertise in CAD Cut's markets,
will provide substantial benefits to our
customers through expanded and improved services."
Oxidation technology so hot,
it's untouchable.
Harper International's Oxidation Ovens are the most advanced
on the market for carbon fiber conversion.
Faster oxidation
Improved velocity uniformity and range
Assurance of temperature uniformity at
a variety of flow rates
Optimal control of the reaction
It's just the latest way to spark the future,
from the world leader in thermal processing
for carbon fiber.
carbonfiberovens.com
march 2013
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