Airline expanding fleet to include narrow-body aircraft servicing Melbourne, Sydney, Brisbane
PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that it has reached a definitive agreement with private equity firm Sverica Capital Management LP to acquire Dexmet Corporation, a manufacturer of specialty materials for surfaces in aerospace, automotive and industrial applications. The company is a leader in several critical application areas, including aircraft lightning strike protection. The transaction is expected to close in the third quarter 2019, subject to customary closing conditions. Financial terms were not disclosed. “The acquisition of Dexmet will enable PPG to provide further value to our customers by enhancing our range of product offerings, expanding our research and development capabilities, and increasing our market reach across PPG’s aerospace, automotive and industrial coatings businesses,” said Michael McGarry, PPG chairman and chief executive officer. Dexmet, headquartered in Wallingford, Connecticut, was founded in 1948. The company specializes in customized, highly-engineered, expanded and perforated metal foils and polymers used for mission-critical applications in aerospace, energy storage, and other industrial applications. Dexmet employs approximately 75 people. “The Dexmet team is excited to become part of the PPG family," said Timothy Poor, Dexmet chief executive officer. "PPG's technological leadership and commitment to innovation aligns well with Dexmet and will enable us to significantly broaden the solution set we bring to our customers." “Dexmet’s leadership in aerospace surface technologies will provide strategic additions to the broad portfolio of aerospace coatings we deliver today, and PPG’s research and development team will leverage Dexmet’s expertise in ultra-thin metal mesh foil and polymer mesh across the markets we serve,” said Daniel Korte, PPG global vice president, aerospace. “In addition, Dexmet’s customer-focused business model is highly complementary to PPG’s business, allowing for a seamless integration process.” PPG: WE PROTECT AND BEAUTIFY THE WORLD™ At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and specialty materials that our customers have trusted for more than 135 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of $15.4 billion in 2018. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com. The original press release can be found on the PPG Website, please visit the PPG website to read the original press release in it's entirety.
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The 2019 JEC World Trade Show and Conference is the largest composites event in the world, to be held at the Paris Nord Villepinte Exhibition Center, in Paris, France on March 12-14, 2019. The JEC trade show and exhibit bring together more than 1,300 exhibitors from over 115 countries, has over 43,000 visitors/attendees, includes 27 regional and international pavilions, and over 150 conference sessions that feature and discuss many of the established and new materials, machinery, services, software, and services that are shaping the global composites industry today. Those attending JEC World will be focusing on what it considers the hottest topics in the industry: additive manufacturing, aerospace, architecture and construction, automotive, simulation/design, sports, and leisure. Dexmet has proudly exhibited at JEC for close to a decade, each year our focus is to help those attending understand the resources and innovation that companies like Dexmet pour into research and the development of new materials that are implemented and used in the growing field of composites. Dexmet has spent considerable effort in the development and fabricating of expanded materials that are used by manufacturers of composite materials and end-products that are engineered and implemented in automotive, aerospace, cathodic protection, shielding, and power applications in both the commercial and consumer space. The JEC show floor will also have four “Innovation Planets”. These are highly focused display areas featuring aerospace, auto and transport, construction and energy, sports and life style (which includes energy, sustainability, medical and other markets). The Planets allow companies or R&D centers to present novel and innovative parts or finished products to OEMs and suppliers visiting the show and reflect the latest trends in each industry area. Many of the companies that are showcasing their finished or end-products have sought out solutions from Dexmet to help implement expanded materials in their composites to create materials that are lighter, resistant to lightning strikes, provide protection from outside sources of electromagnetic interference (EMI shielding), and that can conform readily to complex surfaces. One of the best features of the show is the Composites Industry Circles, the goal is to unite decision makers in the global automotive, aerospace and construction industries around the development of composite materials in their respective sector and to provide end users with the latest information, trends and experience on composite materials from the entire value chain. Dexmet is at the forefront working with many industry leaders in the aerospace, and automotive sectors in the development of materials that are designed for use in the protection of composite-based aircraft, aircraft components, and hybrid-composites wind blades. This year there are also six technical conferences, that span a three-day period. To learn more about the conference click on this link JEC technical conferences. We at Dexmet hope that you enjoy the JEC Conference, and we wish to extend a warm invite for those who wish to attend, please head to: http://registration.jec-world.events/Compte.aspx?idlangue=en&action=te to register for JEC World 2019, when registering, you will see words: Promotional code, just enter “EXPFREEJW19VF”, no quotes for your free registration to JEC World 2019. Remember to stop by Dexmet and get a chance to talk to our team. Dexmet will be at stand# L58, in Hall 5.
Aerospace Technology | Base Material Thickness | Expanded Foils | Expanded Metal for Shielding | Expanded Plastics | Expanded Titanium | Expanding Technology | Lightning Strike Technology | Precision Expanded Foils | Thin Expanded Metal Foils | Turbine Blades | Wind Blades | Wind Power | Wire Mesh | platinum coated expanded titanium. Expanded titani
In keeping with our mission to become the recognized worldwide leader for foil gauge expanded metal and thin film expanded polymers, Dexmet Corporation is proud to announce that we have received AS9100:D and ISO 9001:2015 Certification for the aviation, aerospace, and defense industries. The company subscribes to the standard’s requisite features, including risk management and configuration control, while maintaining a proactive commitment toward customer satisfaction.
As Tesla tries to introduce their electric supercars to a broader market, they will need to reduce the cost of their batteries. In this post, titled "Tesla Motors Inc Needs Significant Cost Reductions on Batteries (TSLA)", Victor Alagbe, writing for learnbonds.com, shares his belief that Dexmet expanded metals could be a cost-reduction solution. Tesla Motors Inc (NASDAQ:TSLA) needs to reduce the cost of batteries if it wants to sell the Model 3 for a price that is affordable for the masses. Tesla will begin taking pre-orders for the Model 3 on March 31 as part of a grand plan to take EVs to the mainstream market. Tesla’s Model 3 is an affordable EV priced at $35,000 before tax incentives and it preorder requires a $1,000 deposit. The car will be a sedan, about 20% smaller in size than the Model S and it will have a mileage of at least 200 miles on a single charge. The firm has been tight-lipped about what to expect from the Model 3 but we have enough hints, leaks and rumors to paint a fairly- accurate picture of the Model 3.
Aerospace Technology | Aircraft Components | EMI | Electronics | Expanded Metal for Shielding | Expanded Metals | Expanded material | Faraday cage | Metal Mesh | Shielding | Thin Expanded Metal Foils | Wire Mesh | electrical charge | electrical discharge machining | resistance
Dexmet will be exhibiting this year at the IEEE International Symposium on Electromagnetic Compatibility, July 25-29, 2016 held at the Shaw Center, Ottawa Canada Hall. Dexmet will be located in booth# 726 and we will be introducing Mark Graf, Business Development Industrial Technologies. Mark will be interested in speaking to the attendees on the benefits of our material in new shielding applications.
Aerospace Technology | Aircraft Components | Anode | Carbon Fiber | Carbon Fiber Blades | Cathode | Composites | Copper | Dexmet Corporation | Electrochemical | Expanded Aluminum | Expanded Filtration Mesh | Expanded Metal for Shielding | Expanded Metals | Expanded Plastics | Expanded material | Expanding Technology | Fuel Cells | Lightning Strike | Lightning Strike Protection | Lightning Strike Technology | Lightning Strike Techology | Lithium Ion | Mesh | Metal Mesh | Precision Mesh | Primary Battery | Secondary Battery | Solar Applications | Solar Energy | Thin Expanded Metal Foils | Turbine Blades | Wind Power | Wire Mesh | electrical charge | electrical discharge machining | wire cut edm | woven wire
While this trade show was held a few months back in May of 2015 in Baltimore, Maryland, engineers from various aircraft manufacturers paid us a visit to get samples of our MicroGrid® thin expanded metal foils for upcoming programs that they are working on. Enjoy the photos.
Aerospace Technology | Aluminum | Composites | Copper | Dexmet Corporation | EMI/RFI | Electrical Discharge | Electronics | Expanded Aluminum | Expanded Materials | Expanded Metal for Shielding | Expanded Metals | Expanded material | Lightning Strike | Lightning Strike Protection | Lightning Strike Technology | Lightning Strike Techology | Precision Mesh | Thin Expanded Metal Foils | Turbine Blades | Wind Blades | Wind Power | electrical charge | electrical discharge machining | resistance
Dexmet's expanded lightning strike division will be exhibiting at this year's CAMX (The Composites and Advanced Materials Expo) Show in Florida at the Orange County Convention Center, October 14-16, 2014. The focus will be on lighter weight, ultra thin expanded copper and aluminum.