Amadeusz Juskowiak

Ferro corp foe sets joint venture

Ferro Corp said it has formed a joint venture with Parisbased Alsthom Inudstrial Group to export US epxertise in specialty composite materials to the European market

Ferro said although the airframe and aerospace industries are the prime users of composite materials today it plans to develop applications for the ground transportation and industrial markets in the near future

Ferro also announced it has agreed to purchase CompositAir a developer of composit materials applications for an undisclosed sum