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6/10/2016

Saint-Gobain acquires JTT Composites

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With this acquisition, Saint-Gobain expands its presence on the European aerospace market.

Saint-Gobain Performance Plastics, Courbevoie, France, has acquired the assets of MIPNET Industries and its brand JTT Composites. Based at a new facility near Bordeaux, France, JTT Composites supplies the regional aerospace market and sells composite parts designed with the RT2i weaving technology.

“This acquisition will expand our portfolio of high-performance solutions and value-adding services and, thanks to new processes, enhance our production capabilities. The European aerospace sector is booming right now and we have set our sights high on this market,” said Scott Huth, business manager for Saint-Gobain Performance Plastics.

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