07 February 2017
07 February 2017
Composites One has closed on the purchase of Canadian-based BMB Solutions Composites, a leader in supplying composites materials to the Canadian aerospace and advanced composites markets.
With this acquisition, Composites One says it will be able to offer its extensive product line, unmatched technical support, an expanded advanced composites team, and dependable, local service to more customers in Canada. Serving the entire composites marketplace including construction, custom fabrication, marine, transportation, and aerospace markets, Composites One will now be in a better position to provide innovative and unique quality products and services to composites manufacturers, and in particular those in the advanced material space. The transaction further solidifies Composites One as the leading composites materials supplier in North America.
“We are looking forward to combining the experience and values of both organisations and creating an even stronger platform to service Canadian customers who produce products using advanced and traditional composites products. We will continue to work diligently to position ourselves as the supplier of choice by partnering with customers to help them grow their business,” commented Leon Garoufalis, President and COO of Composites One.
BMB has two locations, one in Quebec and the other in Ontario and its principals have been supplying Canadian aerospace and industrial manufacturers for more than 10 years. Composites One explains that BMB makes innovative products more accessible to manufacturers by maintaining required specialised inventory and providing quick response. It also make the customer’s business their business by providing personalised services and technical support for specialised projects and other customer needs.
“BMB Solutions has been committed to expanding our business by providing valued solutions to our customers over the last decade,” according to BMB Solutions Composites President, Patrick Morin. “Now with the strength and resources of a combined business, we will be even better positioned to drive that commitment in the marketplace.”
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.