Seemann Composites Inc (SCI), the developer of the SCRIMP process and a supplier of composite solutions for the defence industry, announces the completion of the acquisition of Materials Sciences Corporation (MSC), a composites engineering and manufacturing company based in Horsham, Pennsylvania, US.
Materials Sciences Corporation, founded in 1970, is an industry leader in the design, analysis and development of composite material solutions. The company's 22,000 sqft headquarters in Horsham, houses R&D, engineering, testing and prototyping functions. MSC also has a combined 45,000 sqft of facilities space in Greenville, South Carolina, US, dedicated to the company's product manufacturing and textile weaving capabilities. A third 6,000 sqft applications engineering site is located in Cummings Research Park in Huntsville, Alabama, US.
Prior to this sale, MSC completed the spin-off of the Countervail Products division of the company. Countervail Products will operate as a standalone company that will continue to service its extensive customer base for the use of the patented Countervail technologies and actively expand the use of the vibration damping technology into broader application markets for domestic and international use.
Both of MSC's principals, Tony Caiazzo and Tom Cassin, will continue their leadership roles within the company.
"We've known for a long time that our customers, products and employees have benefited from our synergistic and close working relationship with SCI and that will be even more evident now that we are formally a part of the SCI group," says Caiazzo, MSC's vice president and CTO.
"This is clearly a win-win for our combined customer base and for the integration of the complementary capabilities of SCI and MSC," says Cassin, president, MSC. "The ability to take projects more efficiently from concept to production will greatly enhance our ability to respond to growing needs of the composites community."
Seemann Composites is a leading supplier of advanced composite components for DOD platforms. SCI's dedicated and skilled work force of over 160 people operates at the company's Gulfport, Mississippi, US, production complex, which consists of four facilities totalling over 160,000 sqft.
"SCI and MSC have solidified our 25-year relationship with this acquisition. We are well positioned to meet our customers' growing needs for design and analysis, testing, product development and production manufacturing," says Sid Charbonnet, president, SCI.
"As the second generation of leadership here at SCI, we are very excited about the future prospects of the company. This acquisition will allow us to grow and expand our capabilities while continuing to prove our company's motto 'Excellence Through Innovation' which my dad coined when he founded the company in 1987," adds Will Seemann, CFO of Seemann Composites, Inc, who led the acquisition for SCI.
