St Paul, Minnesota -- 3M is to buy MTI PolyFab Inc., a manufacturer of thermal and acoustic insulation for the aerospace industry.
The MTI PolyFab unit designs and manufactures light-weight thermal and acoustic insulation systems using polyurethane, polyethylene and polypropylene foam for a wide variety of aerospace customers to address unwanted airborne and structure-borne noise in aircraft, said 3M.
In an 8 March announcement, 3M added that the combination of MTI PolyFab's products with those of 3M's subsidiary Aearo Technologies llc "will provide a comprehensive range of solutions to the aerospace industry."
Aearo offers high-performance soundproofing for noise and vibration control to enhance cabin comfort through its E-A-R brand thermal acoustic systems.
"The addition of MTI PolyFab complements and builds on our thermal acoustic and vibration damping portfolio for aircraft manufacturers and will allow us to expand into adjacent aerospace segments," commented Denise Rutherford, general manager, 3M Aerospace and Aircraft Maintenance Department.
"MTI PolyFab and Aearo together are a natural fit," said Marc Simard, executive vice president, MTI PolyFab. "The combination of the companies' technical expertise and manufacturing capabilities will help to better serve our customers around the world."
The transaction is expected to close in the second quarter, subject to customary closing conditions.
MTI PolyFab, which employs about 130 people, was a division of MTI Global Inc, a producer of specialty silicone elastomer products. The PolyFab unit has a head office and manufacturing site in Mississauga, Ontario, with another production unit in Bremen, Germany, and a contract manufacturer venture in Ensenada, Mexico. The company also maintains an engineering support centre in Brazil.
Aearo Technologies is based in Indianapolis, Indiana. Its E-A-R Thermal Acoustics Systems business unit, delivers what it calls "concept-to-completion acoustic, vibration, shock and thermal solutions globally," to a wide variety of original equipment manufacturers in the electronics, aircraft, transportation and industrial markets.