MAST is an expert in designing, developing and manufacturing innovative RF, microwave and EMI absorbing materials for integration into military and electronics solutions. These include reliable high-temperature, corrosion resistant products for harsh environments on military aircraft, ships and ground vehicles as well as EMI shielding for electronics packages, wireless antennas and telecom data transmission applications.
Andrew Sundsmo, CEO of MAST, said, “As MAST continues its successful journey, we are excited to be partnering with IPS and look forward to entering into the next phase of business expansion while still continuing to develop our employees and delighting our customers with strong technical solutions, excellent delivery and quality performance.”
Rich McManus, CEO of IPS, commented, “We are very excited to have the MAST team, technology and capabilities as part of the IPS group. MAST’s position in the market and its reputation with customers, as well as its technologies and product range, are very complementary to IPS. We look forward to supporting the MAST leadership with resources and investments to continue to develop new products and capabilities for the Defense, Aerospace and Commercial market growth platforms.”
Philpott Ball & Werner served as financial advisor to MAST Technologies in connection with the transaction.
About Integrated Polymer Solutions
Integrated Polymer Solutions is a leader in designing and engineering elastomeric components and tools for aerospace, military, biopharma and specialty industrial markets. The company’s products utilize advanced materials designed to exceptionally tight tolerances for high-performance applications. IPS’ products include elastomeric seals, gaskets, tooling, hoses, ablatives, EMI/RFI/thermal shielding products, encapsulated o-rings, and composite APU plenums and ducts. www.integratedpolymersolutions.com
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Rubbercraft Corporation of CA, LTD, as a responsible citizen of the business, local, and global community, created an internal employee action plan based upon CDC recommendations :
(1) Wash hands frequently with soap and water for at least 20 seconds. An alcohol-based hand sanitizer is a viable option if soap and water is not available.
(2) Avoid touching eyes, nose and mouth with unwashed hands.
(3) Avoid close contact with people who are sick (ie, “6 foot rule”).
(4) Stay at home when sick.
While we do not have direct suppliers in the impacted zones of China and Italy, we understand that the situation is dynamic and supply chains are complex. If Rubbercraft becomes aware of risk in our supply chain at any location, we will advise impacted customers and update our website accordingly. At this time, we are not aware of risk to our internal operation or delivery commitments.
Icon designs and manufactures custom, highly-engineered polymer components, including engine seals, fabric-reinforced seals, hoses and rubber-to-metal bonding solutions for the aerospace and defense end-markets. Icon products are used on a wide range of aerospace platforms, including all Airbus aerospace platforms, Lockheed Martin F-35 and Bombardier Global 7000. The transaction adds a third AS9100-certified facility for IPS, located in Retford, United Kingdom.
Rich McManus, CEO of IPS, commented, “This acquisition broadens IPS’ design and manufacturing capabilities and will allow us to deliver new, innovative solutions to our customers. We’re excited to work with Icon’s management team and are committed to investing in Icon’s manufacturing capabilities to better serve their existing customers.”
Houlihan Lokey served as financial advisor to IPS in connection with the acquisition.
About Integrated Polymer Solutions
Integrated Polymer Solutions is a leader in designing and engineering elastomeric components and tools for aerospace, military, biopharma and specialty industrial markets. The Company’s products utilize advanced materials designed to exceptionally tight tolerances for high-performance applications. IPS’ products include elastomeric seals, gaskets, tooling, hoses, ablatives, EMI/RFI/thermal shielding products, encapsulated o-rings, and composite APU plenums and ducts.
The Rubbercraft team are looking forward to catching up with customers – and meeting new people – at the forthcoming Paris Air Show exhibition, due to run from 17th June to 23rd June 2019. We’ll be out in full force in the US Pavillion so do drop by to hear about the latest advances from Rubbercraft.
We look forward to seeing you at the show!