Homepage | Overview | Markets in Detail | Company Finances | Investing Ideas | Personal Finance | Press Releases | Member Center
Hot Keywords

Reinhold Industries Announces Acquisition of Ultracor

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-11-22
SANTA FE SPRINGS, Calif., Nov. 21 /PRNewswire/ -- Reinhold Industries,Inc. ("Reinhold"), an affiliate of The Jordan Company, L.P. ("TJC"), hasentered into a Letter of Intent for the purchase of Ultracor Inc.("Ultracor"), a manufacturer of specialty core materials. The parties expectto complete the transaction in the first quarter of 2008.

Based in Livermore, California, Ultracor is a designer and manufacturer ofspecialty core materials. Ultracor has been on the forefront of honeycombdevelopment for over six years and has an extensive space flight heritage.Ultracor is used in spacecraft Antenna Reflectors, Optical Benches, SolarArrays, and other lightly loaded structures which must be positioned withaccuracy and stability in order to properly perform.

David Ewing, President of Reinhold, said, "The acquisition of Ultracor isan important step in expanding the niche applications for composite materialsat Reinhold. The Ultracor product line is primarily used in the manufacture ofsatellites, a growth market where Reinhold is already well positioned."

About Ultracor Inc.

Ultracor Inc. () is a manufacturer of specialtyhoneycomb materials under the trade name, ULTRACOR®, with variousapplications in the aerospace markets in the United States, Europe, and Asia.

About Reinhold Industries, Inc.

Reinhold Industries, Inc. () is a manufacturerof advanced custom composite components and sheet molding compounds for avariety of applications in the United States and Europe.

About The Jordan Company

The Jordan Company is a leading private investment firm with approximately$5.0 billion of capital under management that has been sponsoring andinvesting in middle market leveraged buyout transactions for more than 25years. The partners of TJC have successfully completed nearly 100transactions having sponsored over $2.0 billion of equity.

User:New Register) Password: Anonymity
Commentary Content
New Commentary
Hot ArticleHot Article
Correlation ArticleCorrelation Article
More LinkMore Link
站长推荐: |