Saint-Gobain´s Performance Plastics business has acquired HyComp LLC, an Ohio-based manufacturer of advanced proprietary components for the aerospace and industrial markets, the company said.
Founded in 1986, HyComp operates from a single location in the Cleveland area where it has approximately 120 employees. The company is a supplier of composite components made with proprietary carbon fibers and thermoplastic materials, 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.
Saint-Gobain Performance Plastics is the world´s producer of engineered, high-performance polymer products, and serves virtually every major industry across the globe, with 58 manufacturing facilities and 6,500 employees in 21 countries throughout the world. The business is part of Saint-Gobain, the world´s largest building materials company, which has more than 179,000 employees and operations in 67 countries, and global sales of USD 46.1 billion in 2017. In the United States and Canada, Saint-Gobain has approximately 150 locations and more than 15,000 employees, and reported sales of approximately USD 6.1 billion in 2017.