TEAM Acquires Equipment From Elite Carbon Fabrics
TEAM Inc., Woonsocket, R.I., a manufacturer of 2-D and 3-D fabrics and net shape engineered
preforms, has acquired equipment and some raw material from Elite Carbon Fabrics LLC, Vacaville,
Calif. The company also is leasing the former Elite manufacturing facility, which now operates
under the name Textile Engineering and Manufacturing (TEAM) — West Coast Division; and has hired
Elite Co-founder Andrew Hickson to handle day-to-day operations in Vacaville.
"This transaction not only in-creases our manufacturing capacity, but will also provide TEAM with a local facility to support an expanding West Coast customer base," said Steve Clarke, TEAM's co-founder and president.
"The West Coast operation will initially focus on high quality 2-D woven fabric roll goods and provide a distribution point for other TEAM products," added Jerry Moore, co-founder and vice president.
The acquisition increases the company's 2-D weaving capacity to more than 800,000 yards per year, Clarke said.
September/October 2012
"This transaction not only in-creases our manufacturing capacity, but will also provide TEAM with a local facility to support an expanding West Coast customer base," said Steve Clarke, TEAM's co-founder and president.
"The West Coast operation will initially focus on high quality 2-D woven fabric roll goods and provide a distribution point for other TEAM products," added Jerry Moore, co-founder and vice president.
The acquisition increases the company's 2-D weaving capacity to more than 800,000 yards per year, Clarke said.
September/October 2012
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