Avcorp acquires Hitco Carbon Composites
July 19, 2015Avcorp Industries Inc. of Delta, B.C. recently announced it will purchase the assets of the division of SGL’s subsidiary Hitco Carbon Composites Inc. (“Hitco”) which produces composite parts for commercial and military aerostructures. This includes all inventories, equipment, tooling and other fixed assets, intellectual property, contractual rights, good will, accounts receivable, and work in progress.