Most of the non-tire sector saw investments, with new plants popping up and new deals that reshaped the landscape of the industry. It wasn't all growth, though, as some companies pulled back and restructured to set the stage for the future. Here are some of the highlights from the hose, belting and other non-tire areas.
Carlisle makes big splash
A hundred years is a long time, but Carlisle found a way to do something it's never done before.
The firm made the largest acquisition in its century-long history with its $670 million deal to buy Accella Performance Materials Inc. from its private equity owner Arsenal Capital Partners L.P.
The new Carlisle Construction Materials business unit will bring a $430 million company that operates 10 production sites into the fold, significantly enhancing its presence in the polyurethane spray foam and insulation foam markets.