James Hardie Acquires Manufacturer of Fiberglass Components
In 2011, the business had sales revenue of approximately $8 million. Under James Hardie’s ownership, the business will trade under the name Razor Composites LLC. The acquired assets will be part of a potential new business development platform in non-fiber cement building materials in the country.
The company intends to provide further details on the acquisition with its results for the year ending March 31.
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