Dr. Leslie Cohen
HITCO Carbon Composites, Inc.
Tel: +1 (800) 421-5444 Fax: +1 (310) 970-5468
Haviland Communications, Inc.
Tel: 970 731-2370 Fax: 970 731-0688
HITCO Adds Automated Tape Layup
Machine to Enhance Manufacturing Capability.
LOS ANGELES, CA – April 23, 2007
– HITCO CARBON COMPOSITES, INC. (HITCO), a subsidiary of Germany-based SGL
GROUP, The Carbon Company (NYSE: SGG) is pleased
to announce its purchase of a Cincinnati Machine CHARGERTM Automated Tape
Layer (ATL) equipped with a new state-of-the-art contour tape head.
The addition of this machine advances HITCO’s technology
and productivity by enabling superior lay-up rates of carbon/epoxy tape.
Parts varying in size from small to as large as a wing skin, a fuselage
panel, or a horizontal stabilizer for a large aircraft can be constructed
with high-speed precision to accelerate work flow. The parts produced
on the ATL will exhibit the excellent quality of the most meticulous hand
lay-up techniques while reducing labor and assembly costs, in-process
inspection costs, material scrap, and re-work. This sophisticated yet
easy-to-use equipment and software optimizes component design by utilizing
manufacturing simulations resulting in greater accuracy.
Chief Operating Officer, Mr. Edward G. Carson observed
that, “This asset acquisition is one of many significant steps being made at
HITCO to further enhance our capabilities and competitiveness in the
aerospace industry. As this industry continues to seek the benefits
from increased use of carbon composites, HITCO will continue to advance its
technology and manufacturing capabilities to capitalize on the growing
global demand. We continue to build on HITCO’s eighty-five year
history as a significant contributor to the global aerospace industry.”
HITCO Carbon Composites, Inc. was founded in 1922 and
manufactures advanced composite materials primarily for aerospace and
defense applications. HITCO continues to be an innovative leader in
the advancement of carbon composite technologies, and continues to
strategically focus within the SGL Group on new projects for
aerospace/aircraft and defense applications.
SGL Group – The Carbon
SGL Group is one of the world’s leading manufacturers of carbon-based
products. It has a comprehensive portfolio ranging from carbon and
graphite products to carbon fibers and composites. SGL Group’s core
competencies are its expertise in high-temperature technology as well as,
its applications and engineering know how, gained over many years.
These competencies enable the Company to make full use of its broad material
base. SGL Group’s carbon-based materials combine several unique
properties such as electrical and thermal conductivity, heat, and corrosion
resistance as well as, high mechanical strength combined with low weight.
Due to the paradigm shift in the use of materials because of the worldwide
shortage of energy and raw materials, there is a growing demand for SGL
Group’s high-performance materials and products from an increasing number of
industries. Carbon and graphite products are used whenever other
materials such as steel, aluminum, copper, plastics, wood etc. fail due to
their limited properties. Products from the SGL Group are used
predominantly in the steel, aluminum, automotive, chemical, and
glass/ceramics industries. However, manufacturers in the
semiconductor, battery, solar/wind energy, environmental protection,
aerospace, and defense industries as well as, in the nuclear energy industry
also figure among the Company’s customers.
This press release contains
statements on future developments that are based on currently available
information and that involve risks and uncertainties that could lead to
actual results deviating from these forward-looking statements. The
statements on future developments are not to be understood as guarantees.
The future developments and events are dependent on a number of factors:
they include various risks and unanticipated circumstances and are based on
assumptions that may not be correct. These risks and uncertainties include
for example, unforeseeable changes in political, economic and business
conditions, particularly in the area of electrosteel production, the
competitive situation, interest rate and currency developments,
technological developments and other risks and unanticipated circumstances.
We see other risks in price developments, unexpected developments relating
to acquired and consolidated companies and in the ongoing cost optimization
programs. SGL Carbon does not intend to update these forward-looking