CompositesWorld
Issue link: https://cw.epubxp.com/i/866813
TRENDS SEPTEMBER 2017 18 CompositesWorld Walton Process Technologies, Inc. Best Customer Service in The Industry www.autoclave s .com Mansfield TX 682-518-9002 Service/Repair Retrofit/Relocate Autoclaves Bond Presses Batch Process Controls Ovens Parts www.geiss-ttt.com info@geissllc.com 203.988.9426 NOT ONLY THE FASTEST & MOST ACCURATE BUT CLEAN & DURABLE TOO! HIGH PERFORMANCE CNC MACHINERY AND TOOLING IDEAL FOR WORKING WITH COMPOSITES • INTEGRATED DUST CONTROL • TOTAL ENCLOSURES WITH AIR FILTRATION • DUST REMOVAL DIRECTLY AT THE SPINDLE • MAINTAIN AN IMMACULATE ENVIRONMENT • DRASTICALLY REDUCE MACHINE MAINTENANCE BIZ BRIEF Element Materials Technology (London, UK) completed its acquisi- tion of Exova PLC (Edinburgh, UK), joining two world-leading testing companies. The new Element Group will consist of 200 laboratories located in more than 30 countries. This latest acquisition follows a period of significant growth and is expected to result in excess of US$700m in annual revenues and serve more than 40,000 custom- ers worldwide. To support the acquisition, Element has fully refi- nanced its existing banking facilities and raised US$1.4 billion of first and second lien term debt, alongside US$150 million of committed ancillary facilities. Element will continue under the leadership of CEO and president Charles Noall, alongside an executive team formed from senior management from both companies. Web Industries (Marlborough, MA, US) has opened a new Thermo- plastic Composite Development and Qualification Center designed, staffed, and equipped for the purpose of creating processes that format thermoplastic carbon fiber prepreg materials, including PEEK, PEKK and PPS, for use in various fabrication technologies. The facil- ity is also employed to qualify the equipment that will process the new thermoplastic composite formats. The new facility houses slit- ting equipment and machinery that chops materials into fiber flakes for use in compression molding, and it will incorporate seaming technology later in the year. All of the process equipment is capable of achieving high precision tolerances.