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.”