NetComposites
Thermwood

METYX Composites Acquires North American Bus Industries (NABI) Facility in Kaposvar, Hungary

19 November 2013

The transaction, which was completed on 14 November 2013, includes a state-of-the-art composites manufacturing facility and ancillary buildings.

This totals 12,000 square metres of closed space; over 230,000 square metres of industrial land; and a highly skilled workforce.

NABI Kaposvar built full composite city buses from 2002 to 2013 for American cities, including Los Angeles, Phoenix, Tampa, and others. The facility employed 230 people with a knowledge-base in composites and 11 years of experience in high-end composites manufacturing.

The NABI team in Hungary was trained at TPI Composites’ facilities in the United States from 2001 to 2002. Scottsdale, Arizona-based TPI is a global provider of structural composites products for the wind energy, military, and transportation markets.

NABI’s legacy complements METYX Composites’ manufacturing expertise gained from a decade of serving composites customers across industries. This expansion builds on the momentum of METYX Composites’ acquisition of LEDA and ACT assets in Mondavio, Italy in 2012. It also marks a substantial achievement toward the METYX Composites vision of building a global manufacturing network.

The former NABI facility will function as METYX Composites Hungary beginning the first quarter of 2014. Ugur Ustunel, Co-Director METYX Composites explains, “We will duplicate some our existing METYX Composites business units in Hungary to strengthen our presence in Europe and to provide logistical advantages to regional customers and beyond. In parallel, we will follow opportunities in downstream composite products with the goal of developing new products and services to support our elite customer base.”

“We believe that METYX Composites Hungary can easily become a centre for composites excellence and are incredibly excited about this new venture. The facilities and the knowledge base in Kaposvar are world-class. Moreover, this part of Hungary is a low cost region. We are certain that both METYX Composites and our customers will benefit from these advantages,” says Tunc Ustunel, Co-Director, METYX Composites.

“We look forward to integrating METYX Composites Hungary into our company and to delivering composites solutions that continuously enhance the competitiveness of our customers across industries,” Ugur Ustunel adds.





Share this story


Related / You might like...

GRP Solutions Appointed as SABA Distributor for the UK and Ireland

GRP Solutions is proud to announce its appointment as distributor for the UK and Ireland of SABA’s premium range of adhesives and sealants for the transportation industry.

CSP VICTALL Partners With JMC to Debut the First Composite Pickup Box in China

As the pioneer of composite automotive component suppliers in China, CSP VICTALL announces that Jiangling Motors Corporation (JMC) will use advanced composites for the pickup boxes of its new Yuhu 3 and Yuhu 5 pickup trucks, the first such use of composites in the Chinese automotive industry.

Ineos Styrolution to Build a Production Site for Its Successful Composite StyLight

INEOS Styrolution announces that it is planning to set up a new production site for its successful composite StyLight.