Hexcel Corporation, Stamford, CT, has completed the sale of its remaining assets of U.S. Electronics, Ballistics & General Industrial reinforcement product lines to JPS Industries Inc.
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JPS has paid $62.5 million in cash to Hexcel and may make an additional $12.5 million in payments dependent upon future sales of the Ballistics product line.
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Hexcel Corporation is an advanced structural materials manufacturer. It develops, manufactures and markets lightweight, high-performance structural materials, including carbon fibers, reinforcements, prepregs, honeycomb, matrix systems, adhesives and composite structures for use in commercial aerospace, space and defense, and industrial …
Hexcel Sells Line to JPS Industries
Hexcel Corporation, Stamford, CT, has completed the sale of its remaining assets of U.S. Electronics, Ballistics & General Industrial reinforcement product lines to JPS Industries Inc.
  ;
JPS has paid $62.5 million in cash to Hexcel and may make an additional $12.5 million in payments dependent upon future sales of the Ballistics product line.
  ;
Hexcel Corporation is an advanced structural materials manufacturer. It develops, manufactures and markets lightweight, high-performance structural materials, including carbon fibers, reinforcements, prepregs, honeycomb, matrix systems, adhesives and composite structures for use in commercial aerospace, space and defense, and industrial …
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- Filed In: Electrical, Finance, Free, Mergers & Acquisitions, News, Subscriber Only, Top Distributor Sectors
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