GLPT plans to utilize the expertise and experience of both the Bridon Cordage and Fabpro Polymers brands toward the creation of quality products and advancements.
Specifically, GLPT will invest in and go to market under the Bridon Cordage brand to continue manufacturing agricultural baler twines and netwrap. Concurrently, the Fabpro Polymers brand will be invested in and brought to market as a developer and manufacturer of synthetic fibers for reinforced concrete and other applications in the world.
Acting as a strong foundation for the two brands to grow, GLPT plans to position the Bridon Cordage brand to predominantly serve the agricultural market, while focusing most concrete and industrial efforts on the Fabpro Polymers brand.
The combination of the two companies allows GLPT to offer quality products and services.
“GLPT is focused on operational and financial support for these brands,” said GLPT President Mark Eaton. “Offering them the resources – technical, human and financial – to achieve leadership in their respective markets. Both of these acquisitions are a launch toward a broader spectrum of engineering for our future.” FG
—From Great Lakes Polymer Technologies news release
