Ensinger: Acquisition of Penn Fibre
Wednesday, June 19th, 2002The Ensinger Group, Germany, has further enhanced its position in one of the high-tech regions of the US. With the acquisition of Penn Fibre Inc., the Ensinger group has succeeded in acquiring a strong company with comprehensive skills in the production and development of composite materials. This traditional US company was founded in 1937 and is present with a wide range of materials for various product segments. It has made a name for itself as the biggest US producer of thin thermoplastic sheets, strips, coils and punched flat parts. Penn Fibre manufactures calendered sheets and coils from traditional thermoplastics such as polyolefins, polyamides, polyacetylenes, polyesters, high-temperature plastics and specialty composite materials. The products are available in standardised store sizes with thicknesses from 0.25mm to 4mm and widths of up to 1200mm.