AGC AeroComposites Acquires North Coast Composites and North Coast Tool and Mold Corporation
HAYDEN, IDAHO, July 11, 2016 - AGC AeroComposites, a global composites and metal components and assemblies manufacturer for the aerospace and defense industry, is pleased to announce the acquisition of North Coast Composites, Inc. and North Coast Tool and Mold Corporation.
North Coast Composites manufactures advanced composites for the aerospace industry using state-of-the-art fabrication of Resin Transfer Molded (RTM) and Vacuum-Assisted Resin Transfer Molded (VARTM) components. Its partner company, North Coast Tool and Mold Corp., is a designer and manufacturer of quality molds and tools for the aerospace industry and provides innovative solutions including resin transfer molds, lay-up molds, compression molds and plastic injection molds.
“The North Coast companies are an excellent complement to the AGC AeroComposites’ family as they are industry experts in liquid-molding RTM and VARTM,” said Wayne Exton, CEO of AGC AeroComposites. “They also have deep experience with engine composites, a market segment which we are excited to expand to. We look forward to offering an expanded, more comprehensive set of capabilities and technologies to our customers.”
North Coast Composites and North Coast Tool & Mold Corp. were founded in 1976 and are located in Cleveland, Ohio.
About AGC AeroComposites AGC AeroComposites supplies the aerospace & defense industry with composite and metallic aerostructures and components. The company’s global footprint is comprised of strategically located sites providing local and immediate support to customers. Integrated solutions range from early stage design, rate production, to full-term sustainment making AGC AeroComposites the industry’s trusted lifecycle partner.
About Edgewater The Edgewater Funds is a Chicago-based private equity firm with $2.4 billion in committed capital. Through Edgewater Growth Capital Partners, we partner with management to help accelerate growth in their businesses. Edgewater focuses on funding high quality middle market companies where we can add substantial value through our capital, our experience and our broad network. Edgewater leverages the experiences of its Partners and the Executive Advisory Board who have distinguished themselves as successful CEOs and business leaders.