High-modulus polypropylene supplier changes hands

Innegra, formerly INNegRITY, has been bought by Circle Creek Holdings; the company will continue to manufacture its Innegra S and Innegra fibers.

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On Sept. 19, Circle Creek Holdings LLC (Simpsonville, S.C.) revealed that it had purchased the assets of Innegra (formerly INNegRITY, Greenville, S.C.). The newly renamed company will continue its research and manufacture its proprietary, trademarked Innegra high-modulus polypropylene (HMPP) fibers, which reduce weight in composites while increasing their ability to absorb energy when combined with other fibers. The company already has begun a corporate restructuring process that is expected to better focus the company on customer needs and, at the same time, increase its investment in R&D. “We are excited to offer existing Innegra customers a higher level of service and quality of product while continuing to develop the Innegra fiber line,” said Circle Creek CEO Robert Castellani. The company’s headquarters and manufacturing facility will remain in Greenville to take advantage of skilled labor and proximity to the South Carolina Research Authority (SCRA, www.scra.org).