Skaps Industries is taking over Matrix Composites (Henderson, KY and Seguin, Texas). It has completed an agreement in this connection. The acquisition includes all Matrix Composites technologies, operations and assets. The acquisition of Matrix provides SKAPS Fibreglass Division a global position and platform to expand in North and South America.
Skaps is a leader in the fabrication of geosynthetic and nonwoven drainage products for environmental and civil use in the US and abroad.Skaps Industries is taking over Matrix Composites (Henderson, KY and Seguin, Texas). It has completed an agreement in this connection. The acquisition includes all Matrix Composites technologies, operations and assets. The acquisition of Matrix provides SKAPS Fibreglass Division a global position and platform to expand in North and South America. #
Skaps will focus on customer service performance, technical textile expertise, improved quality and certifications to bring in-line to customers’ expectations.
Matrix Composites was started January 1996 in Henderson, Kentucky in a new building to produce woven fibreglass fabrics. Under the ownership of Don Hudson (1996) Matrix expanded with a second factory in Seguin, Texas (2002) which took Matrix to producing woven and non-woven fabrics in two different states. Matrix has built a diversified customer base, with lean production practices and the ability to provide speed to market services for many products lines.
The acquisition is Skaps Industries first in North America. (SV)
Fibre2Fashion News Desk – India
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