PlastiComp Part of Composites Research Consortium Announced by President Obama

WINONA, MINN., USA – Winona, Minnesota based PlastiComp, Inc., a global leader in long fiber thermoplastic (LFT) materials and technologies, is among organizations partnering with the U.S. Department of Energy in its Institute for Advanced Composites Manufacturing Innovation (IACMI). President Barack Obama announced the formation of IACMI on Friday, January 9, 2015, during a visit to Knoxville, Tennessee, where the consortium is located at the University of Tennessee.

IACMI and its partner organizations will engage in research and development focused on lowering the cost of advanced fiber reinforced polymer composites as well as efficient manufacturing and recycling processes with the aim of increasing their integration into transportation, wind energy, and industrial equipment applications. In the transportation sector, composites have the ability to reduce vehicle weight thereby lowering fuel consumption and combustion emissions.

“Our participation in IACMI is an excellent fit with our objective for finding new markets and applications for long fiber reinforced thermoplastic composites,” said Steve Bowen, president and CEO at PlastiComp. “PlastiComp has a long history of cooperation with Department of Energy research projects and is the preferred provider of long carbon fiber reinforced composites for transportation mass reduction efforts at Oak Ridge National Laboratory, Pacific Northwest National Laboratory, and Rocky Mountain Institute.”

PlastiComp is among four Minnesota companies, and the only Winona area composites firm, that are part of IACMI. Other Minnesota participants include Graco, Inc.; 3M Company; and Interlaken Technology.

For more information on LFT products and technologies available from PlastiComp, please call +1 507-858-0330, e-mail info@plasticomp.com, or visit their website at www.plasticomp.com.

About PlastiComp
Deploying a partnership philosophy combined with a fully integrated approach to application development, PlastiComp focuses its expertise on moving innovative long fiber reinforced thermoplastic composite technology into new markets and applications by applying long fiber’s stronger, tougher, and lighter capabilities to make products better. Ready to process Complēt^® composite pellets for injection molding provide made to order performance by incorporating long carbon, glass, or specialty fibers with thermoplastic polymers ranging from polypropylene to PEEK for application specific structural material solutions.

More information on IACMI