GrafTech Acquires Fiber Materials
GrafTech International Ltd. completed the acquisition of the business and assets
of Fiber Materials Inc. (FMI) for $14 million. Headquartered in Biddeford,
Maine, FMI manufactures highly engineered advanced carbon composites serving the
aerospace and defense industries and high-temperature insulation for use in
industrial applications. FMI will become part of GrafTech's Engineered Solutions
business segment and employs approximately 160 people. According to GrafTech,
FMI adds significant technology in advanced carbon composites to its existing
product portfolio.
Report Abusive Comment