Tex Tech acquires carbon fibre fabric producer UCF
August 14, 2014 - United States Of America
Tex Tech Industries, a US-based manufacturer of engineered high-performance materials has acquired UK-based Universal Carbon Fibres Ltd (UCF), a producer of high-performance yarns and fabrics, predominantly from carbon-based fibers.
For over 30 years, UCF has designed and manufactured high-performance yarns and fabrics, predominantly from carbon-based fibers, for use in technical and extreme environments.
UCF specializes in innovative applications for automotive fuel cells and friction materials, fire blocking for the transportation and aerospace industries, and water-blocking technology for communication and power cables.
UCF also markets inherently fire-resistant fabrics under the brand Panotex for personal protective clothing.
On the other hand, Tex Tech Industries manufactures fire-retardant and thermal acoustic insulation for every major commercial aerospace platform and is also the world’s largest producer of tennis felt.
Tex Tech’s sophisticated engineering and manufacturing positions it as a leading supplier to the aerospace, defense, law enforcement, industrial and sporting goods sectors.
Global customers include Boeing, Airbus, Gulfstream, NASA, BAE systems, Penn, and Wilson. Tex Tech produces Core Matrix Technology, a patented, protective material that is utilized in the most advanced ballistic vests worn by military and law enforcement.
Ciaran Lynch, CEO of Tex Tech Industries said, “UCF’s engineered textile solutions are synergistic to the service and product offerings of Tex Tech and our subsidiaries and its strong relationships with its customers and fiber manufacturers will significantly strengthen Tex Tech’s global presence.”
“Our partnership with Tex Tech will allow us to deliver value-added solutions to our existing and prospective customers. UCF and our customers will greatly benefit from Tex Tech’s global distribution platform and manufacturing proficiencies”, said Bill Capstick, MD at UCF.
Tex Tech Industries said, UCF will operate as a wholly owned subsidiary of Tex Tech and will retain its current leadership and staff and UK location as well as all operational procedures will remain unchanged.