LAKEWOOD, N.J.—Alpha Engineered Composites L.L.C. has significantly expanded its rubber operation and the firm's product portfolio with the recent acquisition of the Fairprene business unit from Longwood Elastomers.
Ownership transferred from Virginia-based Longwood, a Wabtec company, to Alpha earlier this year.
Terms of the transaction were not released.
Alpha did not purchase Longwood's plants in Wytheville, Va., and Brenham, Texas, but the Lakewood-headquartered company did acquire both intangible and tangible assets germane to the Fairprene business unit, according to Alpha President Robert Antonius. Tangible assets included inventory and equipment.
In anticipation of adding the Fairprene product line to the company's portfolio, he said Alpha completely overhauled its current in-house rubber calendering capabilities at the Lakewood facility, and new calendering equipment with precision gauge controls was installed in late 2017.
Antonius said "the production-related machinery necessary for the Fairprene business unit dovetailed nicely into current operations."
Space for the acquired business was not an issue, he said. Alpha had an area available at the factory for the acquired business because a major expansion at the Lakewood plant was completed in 2008 to accommodate a transfer of the company's elastomer business from its plant in North Charleston, S.C. The firm picked up that elastomer business when it bought RM Engineered Products in 2001, and once that transfer was complete, the North Charleston facility was closed.
An established manufacturer of high performance fabrics and composites, Alpha has a global base and specializes in calendering and curing silicone, fluorosilicone, fluoroelastomer, HNBR and other high-performance elastomers.
It operates out of a single manufacturing facility in Lakewood and currently employs about 110. The firm's products are distributed worldwide from locations in Germany and China.