29 August 2017
29 August 2017
Creative Pultrusions (CPI), Alum Bank, Pennsylvania, US, has acquired cooling tower manufacturer Tower Tech (TT).
TT's cooling towers are designed to be easy to install, provide ultra-low operating costs, exhibit excellent maintenance and safety characteristics, and maintain a long service life. To date, the company has sold more than 2,500 factory assembled modular cooling towers.
CPI has manufactured custom glass fibre reinforced polymer (FRP) cooling tower profiles for TT for 20 years. The acquisition will position CPI and TT to increase market share and revenue.
“We are excited to announce this acquisition and look forward to incorporating the Tower Tech product line offerings into our composite product family," states Shane E. Weyant, CEO/President of CPI. "TT products and manufacturing are a perfect fit for CPI’s strategic focus and growth moving forward with our global composite group."
TT will become a division under CPI, a subsidiary of Hill & Smith Holdings.
North Thin Ply Technology (NTPT) and Richard Mille have signed a long-term collaboration and exclusive supply agreement. The new multi-year contract will see NTPT develop and provide its lightweight thin ply materials exclusively to Richard Mille for horology, jewellery and luxury stationery items.
Global Composites, a new international conference jointly hosted by NetComposites and the American Composites Manufacturers Association (ACMA), will take place at Caesars Palace in Las Vegas, US, on 27-28 June 2018.
The UK's Engineering Industries Association (EIA) and the Manufacturing Technologies Association (MTA) have received confirmation of government funding for UK engineering companies to exhibit at overseas trade shows.