Saint-Gobain Buys Spin-Works International

By Dipo Olowookere

The management of Saint-Gobain has announced acquiring Spin-Works International Corporation, an innovative manufacturer of 3D-printed and extruded silicon carbide ceramic components that improve energy efficiency, recover waste heat and reduce emissions for customers in a wide range of high-temperature industrial processes.

According to Saint-Gobain’s High-Performance Refractories, this acquisition is mainly to help its customers’ processes more sustainable—especially in the steel and automotive businesses.

Spin-Works is based in Northeast, Pennsylvania (near Erie), and has approximately 20 employees.

Saint-Gobain High-Performance Refractories is a global leader in ceramic and refractory solutions, with 14 manufacturing facilities throughout the world, including a 230-employee operation in Worcester, Massachusetts.

The business is part of Saint-Gobain, the world’s largest building materials company, which has more than 170,000 employees and operations in 67 countries, and global sales of $43.3 billion in 2016.

In the United States and Canada, Saint-Gobain has approximately 150 locations and more than 14,500 employees, and reported sales of approximately $5.8 billion in 2016.

Commenting on the development, Laurent Tellier, Vice President of Saint-Gobain High-Performance Refractories, stated that, “We’re very pleased to have Spin-Works join Saint-Gobain. This acquisition further expands our capabilities in the ceramic industrial burner and heat recovery markets, helping to make our customers’ processes more sustainable—especially in the steel and automotive businesses.”

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via dipo.olowookere@businesspost.ng

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