Shenango Refractories Sold
November 8, 2002
Shenango Refractories was sold by the Pfaltzgraff Co. to Shenango Advanced Ceramics, LLC, a new company in New Castle, Pa. Shenango Advanced Ceramics will introduce lightweight and high-strength nitride-bonded silicon carbide products to complement the current cordierite and recrystallized silicon carbide product lines. Coupled with these new materials will be a larger selection of new products manufactured by the company's business partners in Brazil. The new company is owned by Mike Atkins, president, who previously was the divisional VP/general manager for Shenango Refractories; Bill Augur, VP of sales, who previously was the sales manager for Shenango Refractories; and Brad Olson, VP of technology, who is the owner of Nova Industrial Ceramics. Chand Associates Inc., a ceramic machining manufacturer, nominated Ron Chand to serve as CEO of the company.