The Performance Plastics business of Saint-Gobain has acquired HyComp LLC, the company announced in a news release.
Saint-Gobain Performance Plastics, a maker of polymer products, is based in Solon, Ohio, and composite component maker HyComp is based in Middleburg Heights, Ohio.
HyComp's products, which are made of carbon fiber and thermoplastics, are "used in applications such as actuation and electric systems on aircraft, as well as wear rings and air rotary valves for the canning and rolling mills markets," the release stated.
"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," Jean Angus, general manager of Saint-Gobain Performance Plastics' seals division, said in the release. "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."
Company spokesman Bill Seiberlich said the purchase price is not being disclosed.
HyComp employs about 120, the release stated. Saint-Gobain Performance Plastics has about 6,500 employees across 58 manufacturing sites. The business is part of building materials company Saint-Gobain, which is based in France and had about $46.1 billion in global sales in 2017.