Plasan

Plasan (1)

Friday, 01 July 2011 12:38

Plasan Acquires KaZaK Composites

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Plasan, a global leader in the mass production of composite materials for defense and automotive clients, today announced the acquisition of KaZaK Composites; a Massachusetts-based engineering design and manufacturing company specializing in pultrusion processing.

KaZaK Composites is a premier provider of value-added composite engineering. KaZaK specializes in high performance composite structures and low-cost automated composite manufacturing. From design and analysis through prototyping and manufacturing, KaZaK's technology offers a variety of applications in ship structures, building structures, space systems and numerous commercial applications.

KaZaK Composites has ongoing activities with most U.S. Department of Defense agencies, including the Army, Navy, Air Force, Marines, Missile Defense Agency and DARPA. They also have performed R&D and/or production for NSF, DOT, DOE and NASA, in addition to many major aerospace and defense contractors.

Dan Ziv, CEO of Plasan, said: "KaZak is an ideal fit for Plasan. KaZaK Composites' expertise, knowledge and respect within the industry will enhance Plasan's large-scale composite manufacturing capabilities. This purchase will bring together KaZaK and Plasan's expertise, with the goal of offering a larger and more integrated range of services in design, engineering and customer support to its defense and automotive customers in the United States."

The KaZak acquisition is the latest in a series of moves by Plasan to consolidate its position as the leading manufacturer of composite materials for both automotive and defense applications. Plasan's recent efforts include:

* The launch of a Plasan Carbon Composites sales, research, design and engineering center in Detroit, Michigan today serve the needs of its North American automotive customers. Plasan Carbon Composites is a leading supplier of carbon fiber solutions to the automotive industry.
* Armored Chariots LLC, a joint venture with TPI Composites Inc of Scottsdale, Arizona to produce next-generation crew compartments for U.S. military vehicles at a facility in Warren, Rhode Island.

For more information, visit: www.plasan.com or www.kazakcomposites.com

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