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PolyOne buys Glasforms for $34 million

AVON LAKE, OHIO (Dec. 20, 11:20 a.m. ET) — PolyOne Corp. said it has acquired Glasforms Inc. of Birmingham, Ala., a maker of glass and carbon fiber-reinforced polymers and advanced composite products, for $34 million. Avon Lake-based PolyOne said the purchase marks the company’s entry into advanced composite technology.

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