In particular, the company is eying the North American rubber market to grow its rubber solutions segment "in selected compounds."
The company said it will target additional acquisition opportunities "with a focus on new compounds, technical capabilities and geographic reach."
Finally, AirBoss will look to grow its defense group and first responder segments with survivability solutions, such as the AirBoss 100 Half Mask Respirator System and the integration of the Ace Elastomers and BlackBox Biometrics businesses.
"Building on ADG's acquisition of Blackbox Biometrics in early 2021, we are in active pursuit of new sales opportunities related to our Blast Gauge System of lightweight wearable blast overpressure sensors, with a primary focus on military personnel," said Gren Schoch, chairman and CEO of AirBoss. "As well, new innovations like our AirBoss 100 Half Mask Respirator add further depth to our product lineup and place us in a competitive position to secure new business going forward."
A day after the first quarter results were announced May 11, AirBoss of America conducted its general meeting, electing board members and appointing auditors.
Elected to the AirBoss Board of Directors for 2022 were Anita Antenucci, David Camilleri, Mary Matthews, Robert McLeish, Stephen Ryan, P. Gren Schoch and Alan Watson.