WATERFORD, N.Y. (Aug. 2)—GE Silicones has closed its acquisition of American Silicones Inc. under undisclosed terms, GE Silicones announced. Under the deal, ASI, a compounder of custom silicone elastomers, becomes a wholly owned subsidiary of GE Silicones and will be integrated with its existing Chino, Calif., compounding operations. Waterford-based GE Silicones is a $1.4 billion operating division of GE Plastics. It employs 3,500 and manufactures over 4,000 products for markets including consumer retail, construction, health care and automotive, the firm said.
GE Silicones closes American Silicones acquisition
Letter
to the
Editor
Rubber News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].