Performance Plastics, Angeles Composites Technologies acquired by JW Hill Capital
The composites manufacturers’ focus in aerostructure components and assemblies diversify JW Hill Capital’s aerospace portfolio.
Photo Credit: Getty Images
JW Hill Capital (Scottsdale, Ariz., U.S.) announced in October the acquisition of Performance Plastics Inc. (PPI, San Diego, Calif., U.S.) and Angeles Composites Technologies Inc. (ACTI, Port Angeles, Wash., U.S.) from Avantus Aerospace (Hayes, U.K.). JW Hill Capital notes that these acquisitions diversify its aerospace portfolio into the growing composite aerostructure segment.
California-based PPI is a manufacturer of precision-engineered composite aerostructure components for major military and commercial OEMs, as well as Tier 1 suppliers. Founded in 1982, PPI focuses on small- to mid-size assemblies, and has an extensive list of customer qualifications covering both metal bond and composites processes.
“The PPI team is excited to begin a new chapter as part of JW Hill Capital,” says Jim Renaud, president, PPI. “Our partnership brings a renewed focus to PPI’s capabilities and strengths, with the vision and support to continue to grow the brand moving forward.”
Similarly, ACTI is a manufacturer of structural composite assemblies and components for commercial and business aviation. Founded in 1996, ACTI focuses on mid- to large-size monolithic composite structures and assemblies.
“The team at ACTI looks forward to our partnership with JW Hill Capital which will forge opportunities benefiting all stakeholders, customers and employees,” says Michael D. Rauch, president, ACTI.
Related Content
-
Next-generation airship design enabled by modern composites
LTA Research’s proof-of-concept Pathfinder 1 modernizes a fully rigid airship design with a largely carbon fiber composite frame. R&D has already begun on higher volume, more automated manufacturing for the future.
-
Combining multifunctional thermoplastic composites, additive manufacturing for next-gen airframe structures
The DOMMINIO project combines AFP with 3D printed gyroid cores, embedded SHM sensors and smart materials for induction-driven disassembly of parts at end of life.
-
Novel dry tape for liquid molded composites
MTorres seeks to enable next-gen aircraft and open new markets for composites with low-cost, high-permeability tapes and versatile, high-speed production lines.
