Creative Pultrusions, Inc. Acquires Kenway Corporation
March 28, 2017
Alum Bank, PA – Creative Pultrusions, Inc. (CPI) is pleased to announce its
successful acquisition of Kenway Corporation (KW) on March 24, 2017. KW will be a division under CPI, a subsidiary of Hill & Smith Holdings PLC.
KW specializes in custom composite manufacturing and field service. The company is strategically positioned to serve customers by offering complete composite engineering and design capabilities so that they may bring both standard items as well as “one-off” special molded fabrications from the design phase, through the manufacturing phase, to the final on-site installation. Custom work and custom service are what distinguish KW, as it manufactures products for industries such as marine, coal-fired power, infrastructure, pulp and paper, transportation, and renewable energy. What links the company’s various business lines is: technologically advanced manufacturing techniques, products manufactured for exacting service applications, and the highest quality assurance procedures and processes.
Ian Kopp, President of KW, commented, ”Over the last 20-years, as KW has continued to grow our national presence in the industrial, infrastructure and military markets, we found ourselves repeatedly working with CPI, as a customer, as a vendor, and as a competitor. And we were always very impressed. When presented with the opportunity to join CPI, as part of Hill and Smith’s global composites manufacturer holdings, the decision was easy. They are a company who shares our values, our business philosophy and our vision for the future of the composites industry. We are excited to leverage CPI’s and KW’s combined expertise to serve our customers and to grow our vision for that future.
Shane E. Weyant, CEO/President of CPI, commented, “We are pleased to announce this acquisition and look forward to incorporating the KW product line offerings into other markets worldwide. Their products and advanced manufacture techniques are a perfect fit for CPI’s strategic focus and growth moving forward with our global composite group. The Priest Family needs to be commended for their inspiration and their success in developing KW as the market leader over the last 70-years. We welcome the entire KW Team to our team and are grateful this third-generation family business entrusts CPI with upholding KW’s excellent reputation and advancing the company forward. This will allow us to develop additional composite products and solutions to the end market.”
Established in 1973, Creative Pultrusions is located in Alum Bank, Pennsylvania, and is a subsidiary of Hill & Smith Holdings PLC, an international group with leading positions in the design, manufacture and supply of infrastructure products and galvanizing services to global markets. It serves its customers from facilities principally in Australia, France, India, Norway, Sweden, UK and the USA. Headquartered in the UK and quoted on the London Stock Exchange (LSE: HILS.L), Hill & Smith Holdings PLC employs some 4,150 staff, principally in 7 countries.