Celstar Group acquires more FRP capacity

The Celstar Group's wholly owned subsidiary, Fiberglass Technology Industries Inc (Fiber-Tech Industries), has acquired the assets and production facility
March 1, 2003

The Celstar Group's wholly owned subsidiary, Fiberglass Technology Industries Inc (Fiber-Tech Industries), has acquired the assets and production facility of Crane CorTec, previously owned by Dyrotech Industries Inc, a subsidiary of the Crane Co.

Crane CorTec manufactures structural composite panels and fiberglass reinforced panels (FRP) for walls, floors, and roofs in the transportation, construction, and marine industries. Fiber-Tech produces structural fiberglass-reinforced panels for use in these industries.

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