Ceramics manufacturer expands with acquisition
A technical ceramics manufacturer that runs a facility in Grand Junction has expanded its operation with the acquisition of three California facilities.
CoorsTek announced the purchase of BAE Systems facilities in Vista. The three facilities encompass a total of 100,000 square feet, adding to the more than 3 million square feet of manufacturing floor space CoorsTek has in place worldwide.
The California facilities develop and manufacture lightweight ceramic armor systems and semiconductor and industrial components. BAE Systems purchased the facilities in 2005 as part of its acquisition of United Defense.
Frank Pope, president of land and armaments at BAE Systems, said the sale to CoorsTek will better position the California facilities to realize their potential in the market.
John Coors, president, chairman and chief executive officer of CoorsTek, said: “With this acquisition, CoorsTek will serve our customers more effectively by offering expanded material options across all markets.”
Established in 1910, CoorsTek operates more than 40 facilities around the world, supplying components and assemblies for the aerospace, automotive, defense, electronic, medical, power and telecommunications industries. For more information, visit www.coorstek.com.