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CREATIVE
PULTRUSIONS, INC. |
January
20, 2006
Powertrusion
and Creative Pultrusions Announce
Manufacturing and Marketing Agreement
Las
Vegas
,
NV
. – Powertrusion
International, Inc. and Creative Pultrusions, Inc. (CPI) today announced
that they have entered into an exclusive Manufacturing and Marketing
Agreement.
Under the agreement, CPI will manufacture, to Powertrusion specifications,
all of Powertrusion’s fiberglass composite utility and
telecommunications products. Manufacturing will take place at CPI’s
facilities in Alum Bank, PA. Daniel J. Lonergan, Powertrusion’s VP for
Engineering, has joined CPI as Utility Product Manager.
This strategic
relationship will give Powertrusion the benefits of CPI’s manufacturing
expertise and large production capability as well as direct access to
CPI’s national sales and marketing program. Lonergan will provide
continuity in customer support and will continue to build CPI’s
distributor and representative network.
Creative will benefit
from the increased usage of its production capacity and its entry into the
electric utility and telecommunications markets.
Bo Statham
, President and CEO of Powertrusion, expressed his strong belief in this
strategic partnership and the continuation of Powertrusion’s long
relationship with CPI. He stressed that Powertrusion’s customers will
benefit from CPI’s engineering and manufacturing expertise.
Shane E. Weyant, COO of
Creative Pultrusions, believes this is a very strategic move for both
corporations to strengthen and expand the path forward that Powertrusion
has developed over the past seven years. The partnership will produce a
unique combination of capabilities and expertise that will expand the use
of composites within the electric utility and telecommunications markets.
Powertrusion will close its plant in
Las Vegas
,
Nevada
, and relocate its corporate office to
Tucson
,
Arizona
. Powertrusion’s products
include fiberglass composite utility poles and cross-arms. Its pultrusion
process produces very high quality products that have the lowest
coefficient of variation in the utility pole industry. CPI assisted
Powertrusion in the early development of the process. For more
information, visit www.powertrusion.com
Creative Pultrusions,
Inc. is The World’s Most Innovative Leader in the Fiber Reinforced
Polymer Composites Industry. Established in 1973, the company operates in
Alum Bank,
Pennsylvania
(Corporate Headquarters) with a
Technology
Center
: Pultrusion Dynamics Division,
Oakwood Village
,
Ohio
and a complementary Worldwide Distribution Network. For more information,
visit www.creativepultrusions.com.
PO
Box 90026
Tucson, AZ 85752-0026 |
520-219-3556
520-219-3556 Facsimile |
www.powertrusion.com |
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