BENNINGTON, Vt., June 29 (UPI) -- Composite materials company Plasan has acquired KaZaK Composites of Massachusetts to boost production of materials for automotive and defense uses.
KaZaK Composites specializes in pultrusion processing of materials for applications used in ship structures, building structures, space systems and numerous commercial applications. Among its clients are most U.S. Department of Defense agencies, including the Army, Navy, Air Force, Marines, Missile Defense Agency and DARPA.
"KaZaK is an ideal fit for Plasan," said Dan Ziv, Plasan chief executive officer. "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.
Plasan's recent efforts include the launch of a Plasan Carbon Composites sales, research, design and engineering center in Michigan; and the formation of Armored Chariots LLC, a joint venture with TPI Composites Inc of Arizona to produce next-generation crew compartments for U.S. military vehicles.
