Fabric Development: Kordsa buys US firms Fabric Development Inc and Textile Products Inc
Kordsa has spent roughly US$100 million buying Fabric Development Inc (FDI) and Textile Products Inc. (TPI), which provide advanced composite materials to the commercial aviation industry. With these acquisitions Kordsa aims to follow the same path that led to leadership in tyre reinforcement technologies.
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CEO
Fabric Development is a designer and producer of Kevlar and carbon fabric products for composite and ballistic applications.
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