GE Silicones acquires American Silicones, Inc.
GE Silicones (GE) has purchased the business of American Silicones, Inc. (ASI) becoming a wholly owned subsidiary of GE. The terms of the agreement were not disclosed.
GE plans to integrated ASI's silicone elastomers with GE Silicones' current custom compounding operations in Chino, CA.
GE Silicones, a $1.4 billion operating division of GE Plastics, is a global manufacturer of silicone products serving major markets, textiles, building and construction, specialty coatings, health care, electrical/electronics, automotive, aviation to name a few.
Edited by Anndrea Vorobej
Managing Editor, TextileWeb