James Hardie Acquires Manufacturer of Fiberglass Components
James Hardie Industries SE has announced that it has
acquired the assets of a U.S. business engaged in the pultrusion of fiberglass
profiles.
In 2011, the business had sales revenue of approximately $8 million. Under James Hardie’s ownership, the business will trade under the name Razor Composites LLC. The acquired assets will be part of a potential new business development platform in non-fiber cement building materials in the country.
The company intends to provide further details on the acquisition with its results for the year ending March 31.
For more information, click here.
In 2011, the business had sales revenue of approximately $8 million. Under James Hardie’s ownership, the business will trade under the name Razor Composites LLC. The acquired assets will be part of a potential new business development platform in non-fiber cement building materials in the country.
The company intends to provide further details on the acquisition with its results for the year ending March 31.
For more information, click here.
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