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September 17, 2010 02:00 AM

Aragon deal allows Hanson to branch out

Mike McNulty
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    ALPHARETTA, Ga. (Sept. 17, 2010)—Hanson Group L.L.C. has expanded its capabilities significantly with the purchase of urethane parts producer Aragon Elastomers L.L.C.

    With the acquisition, Hanson Group branches out into manufacturing, gains a production arm, and the expertise of Aragon Elastomers' founder and president, Chuck Demarest, a leading-edge chemist and visionary, said Lee Hanson, president of the group. Financial details were not disclosed.

    Aragon Elastomers operates a manufacturing and research and development facility in Louisville, Colo. The business utilizes part of a 70,000-sq.-ft. complex owned by Demarest. The remainder of the site is occupied by two other businesses.

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