Platinum Equity
SCM Suzhou, China
Atmix, Japan
Metal Powder Industries Federation
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October 9, 2008
"Platinum Equity Purchases SCM Metal Products from Gibraltar"
Platinum Equity announced today it has signed a
definitive agreement to purchase SCM Metal Products, Inc. from Gibraltar Industries, Inc.
(NASDAQ: ROCK) for an undisclosed amount. SCM is a global leader in the manufacturing and
distribution of copper-based powder and pastes and copper oxide powders to a broad range of
industries.
Read the announcement in its entirety by clicking HERE.
November, 2007
"SCM-Cupron Inc. Form Joint Venture"
SCM Metal Products, a Gibraltar Industries (NASDAQ: ROCK) company, and Cupron Inc., today announced that they have formed a joint venture - Cupron Advanced Materials -- to manufacture products for anti-microbial applications. The newly formed company will be based at the SCM manufacturing site in its own segregated building. Under the joint venture, SCM will supply Cupron Advanced Materials with cuprous oxide made from recycled copper. Cupron Advanced Materials will use the powder as a component in a wide range of anti microbial products. Major markets served by this joint venture include the healthcare, medical, military and apparel industries. Terms of the transaction were not disclosed.
Read the announcement in its entirety by clicking HERE.