Biz Briefs: CT December 2012

Magnolia Plastics becomes Magnolia Advanced Materials.

Magnolia Plastics Inc. (Chamblee, Ga.), an AS9100-certified custom formulator of high-performance epoxy systems, announced on Oct. 5 that its board of directors had officially — effective immediately — changed the company name to Magnolia Advanced Materials Inc. Magnolia’s CEO Rick Wells noted, “Our new name better reflects our current business and will grow with us as we add new chemistries and product lines. My father, Don Wells, founded the company in 1957 and began by developing epoxy for the aviation industry and emerging U.S. space program. Our tagline then was ‘Plastics for the Space Age.’ Our name has changed but our commitment to excellence in customer service and innovative product development will remain our primary focus.”