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Kenway Corporation Acquires Assets of Harbor Technologies

01 January 0001

Kenway Corporation has acquired the assets of the recently dissolved Harbor Technologies.

Kenway Corporation is a composite manufacturer that specialises in products for the heavy industry, infrastructure and government/military markets. This acquisition expands Kenway Corporation's product offerings in the waterfront infrastructure market, allowing the company to leverage its extensive composites engineering, manufacturing and field service capabilities.

Harbor Technologies is now a division of Kenway Corporation and will continue to develop the products introduced by the former Brunswick manufacturer. Kenway explains that these products include the composite HarborPile, a piling ranging in diameter from 8" to over 96" that's used in load-bearing, guiding and fendering applications; as well as the HarborCamel, a composite fender used for impact protection for both vessels and piers. Kenway will expand these offerings into engineered composite systems that include the composite beams, lumber, stay-in-place forms and other components required for complete system installations. Customers range from federal and state organisations - such as the US Coast Guard, US Navy and Departments of Transportation - to commercial and private waterfront developers.

Kenway Corporation's President, Ian Kopp, considers this a strategic acquisition for Kenway. "For a long time we have admired the visionary nature of the Harbor Technologies products and how they solve long-standing marine infrastructure corrosion and degradation problems. The breadth of Kenway Corporation's composites engineering and advanced manufacturing capabilities will bring tremendous value to the Harbor Technologies' customer base through our current product offering and our commitment to ongoing innovation."

The Harbor Technologies assets are being moved to Kenway's Augusta facility, which is expanding with the addition of 10,000 square feet of manufacturing space. Harbor Technologies' management team has joined Kenway Corporation and will remain operating out of Brunswick. Erik Grimnes, formerly of Harbor Technologies, has been appointed the Business Development Manager of the new Harbor Technologies Division of Kenway. "The ability to work with Kenway and their excellent manufacturing, engineering and project management personnel will allow us to really focus our sales and marketing efforts," said Grimnes. "We're now in a great position to increase the amount of composites being used for infrastructure applications around the world."

Kenway explains tha the acquisition represents its continued expansion into the infrastructure market where composite solutions are increasingly solving corrosion challenges. The Harbor Technologies Division of Kenway Corporation has already begun servicing marine infrastructure customers with shipments of HarborPiles for a New Jersey Department of Transportation project; upcoming shipments of HarborPiles and HarborCamels are scheduled to ship to California, Maine and Massachusetts, US.

 






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