
07-31-2013 HITCO Receives Excellence Award in Manufacturing Technology Achievement Los Angeles, California, July 31, 2013. HITCO Carbon Composites, a subsidiary of SGL Group The Carbon Company announced today that it received the 2013 Manufacturing Technology Achievement Award from a composites industry leadership group The Composites Consortium (TCC) for its work in large scale composite structures for U.S. heavy lift launch vehicles. The award recognizes excellence in advanced manufacturing technology for composite materials.
We are very pleased to receive this award, said Dave Kucharski, HITCO's President. Through the perseverance and hard work of our employees as well as that of our various team members, we were able to meet or exceed all of the project's goals for automated fabrication of Out-of-Autoclave Materials. These achievements set the stage for widespread use of this new class of composites in future production applications.
The Composites Consortium enables industry participation within the Composites Manufacturing Technology Center (CMTC) of Excellence, a Department of Defense (DoD) R&D initiative administered by SCRA Applied R&D. CMTC is one of nine U. S. Navy Manufacturing Technology Centers of Excellence currently operating within the country. These centers support the U.S. Navy's Office of Naval Research and are renowned internationally for their work in improving weapons systems and troop safety for U.S. forces as well as processes, cost effectiveness and efficiencies for the DoD.
HITCO, which has a multi-decade long track record of supplying composite components to the U.S. Navy for production programs including submarine bow domes and fairings, participated as a member of the Large Scale Composite Structures for U.S. Heavy Lift Launch Vehicles Project Team. The project team received the award for its work in manufacturing aerospace composite components using the latest carbon fiber and polymer systems. The project utilized advanced materials and processing methods, successfully manufacturing large scale, high-tech composites at reduced tooling costs. Additional team members included Janicki Engineering and Spirit AeroSystems.
About HITCO Carbon Composites HITCO Carbon Composites, a subsidiary of SGL Group The Carbon Company, is a leading supplier of composite structures and advanced materials primarily for the aerospace / aircraft and defense markets. Founded in 1922 and based in Gardena, California, HITCO was an early specialist in composite structures and materials. Today HITCO continues to pursue its goal of becoming the premier Tier II Aerostructures supplier for commercial aviation, military and space applications. Additionally, HITCO has a leading global position as a supplier of high temperature materials and carbon-carbon brakes for military & commercial aircraft, high performance race cars and high value industrial applications.
About SGL Group The Carbon Company SGL Group is one of the world's leading manufacturers of carbon-based products and materials. 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 very good electrical and thermal conductivity, heat and corrosion resistance as well as high mechanical strength combined with low weight. Due to industrialization in the growth regions of Asia and Latin America and increased substitution of traditional with innovative materials, there is a growing demand for SGL Group's high-performance materials and products. Products from SGL Group are used predominantly in the steel, aluminum, automotive and chemical industries as well as in the semiconductor, solar and LED sectors and in lithium-ion batteries. Carbon-based materials and products are also being used increasingly in the wind power, aerospace and defense industries.
With 45 production sites in Europe, North America and Asia as well as a service network covering more than 100 countries, SGL Group is a company with a global presence. In 2012, the Company's workforce of around 6,700 employees generated sales of 1,709 million. The Company's head office is located in Wiesbaden.
Further information on the SGL Group can be found online at: www.sglgroup.com.
Important note: This press release may contain forward-looking statements based on the information currently available to us and on our current projections and assumptions. By nature, forward-looking statements involve known and unknown risks and uncertainties, as a consequence of which actual developments and results can deviate significantly from these forward-looking statements. Forward-looking statements are not to be understood as guarantees. Rather, future developments and results depend on a number of factors; they entail various risks and unanticipated circumstances and are based on assumptions which may prove to be inaccurate. These risks and uncertainties include, for example, unforeseeable changes in political, economic, legal, and business conditions, particularly relating to our main customer industries, such as electric steel production, to the competitive environment, to interest rate and exchange rate fluctuations, to technological developments, and to other risks and unanticipated circumstances. Other risks that in our opinion may arise include price developments, unexpected developments connected with acquisitions and subsidiaries, and unforeseen risks associated with ongoing cost savings programs. SGL Group does not intend or assume any responsibility to revise o
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