14 June 2011
14 June 2011
Composite Technology Investors (CTI) has recently completed the purchase of the assets of Utility Composite Solutions (UCSI).
CTI has established a new wholly-owned subsidiary company, UCSI, and an affiliated subsidiary, Utility Composites Canada, to conduct the composite utility pole business in the US and Canada, respectively.
The UCSI corporate headquarters, as well as its manufacturing facility will be moved from Eastern Pennsylvania to Dayton, Ohio, where they will be co-located with Vector Composites (VCI), another CTI company. VCI has a 30,000 sq. ft. facility in Dayton, Ohio, which is fully equipped for composite parts production with ISO 9001 and AS9100 certification for aerospace production, and which will support the UCSI composite utility pole manufacturing business. UCSI will maintain an engineering and sales branch office in Wayne, Pennsylvania, to support its East Coast customers.
Lyle Dunbar, CEO of CTI and UCSI, stated “This acquisition is a key step in the CTI strategic plan to expand our investments in composite products manufacturing. The move of the UCSI manufacturing facility to Dayton will immediately increase the manufacturing capabilities of UCSI through collocation with our Vector Composites manufacturing facility. This will allow UCSI to better serve its customers in the US and Canada and rapidly expand to meet the anticipated increase in demand for the composite utility pole products.”
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