Tensar Corporation will be making a significant investment in their Morrow, Georgia production facility where they manufacture geogrids such as their Triax line. The improvements will come online in 2012 and increase production capacity by 30%. Their Georgia plant services the U.S. demand for their product, with their U.K. and China plants servicing the rest of the globe. They indicate that they plan to have a similar production increase in their China plant, coming online in 2013. [Source: geosynthetica.net. Image: Tensar via Geosynthetica]
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IRVING, Texas, April 25, 2022 /PRNewswire/ — Commercial Metals Company (NYSE: CMC) (“CMC”) today announced that it has successfully completed the acquisition of TAC Acquisition Corp. (“Tensar”) from Castle Harlan, a New York-based private equity firm, for a cash […]