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Article: Aristech Acrylics LLC to Acquire Assets from Avonite, Inc.; New CEO and COO Appointed to Lead Merged Company.
- Article from:
- Business Wire
- Article date:
- July 22, 2003
CopyrightCOPYRIGHT 2003 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
FLORENCE, Ky.--(BUSINESS WIRE)--July 22, 2003
Aristech Acrylics LLC (AALLC) today announced that it will acquire the assets and operations of Avonite, Inc., of Belen, New Mexico. The acquisition is expected to close by July 31, 2003. The acquisition and merger of the two companies will position the combined entity, with a full line of acrylic and polyester solid surface sheet products to compliment its thermoformable and general-purpose acrylic sheet products.
"The acquisition is a step in the company's plan to continue to aggressively expand its acrylic and solid surface businesses" said Kazuya Mizuno, General Manager at ...