February 6, 2008
Saint-Gobain Buys Pa.-based Moyco
By Matthew L. Brown
Worcester's Saint-Gobain Abrasives said it had acquired Moyco Precision Abrasives Inc. of Montgomeryville, PA.
Saint-Gobain said the purchase agreement was signed Jan. 31. Financial terms of the deal were not disclosed. Saint-Gobain said the acquisition would add to its product line for the automotive and other industries. Moyco makes coated abrasive products for lapping, grinding and polishing, and has about 45 employees.
Saint-Gobain Abrasives is part of Paris-based Saint-Gobain, which employs 207,000 people in 56 countries.
Saint-Gobain said the purchase agreement was signed Jan. 31. Financial terms of the deal were not disclosed. Saint-Gobain said the acquisition would add to its product line for the automotive and other industries. Moyco makes coated abrasive products for lapping, grinding and polishing, and has about 45 employees.
Saint-Gobain Abrasives is part of Paris-based Saint-Gobain, which employs 207,000 people in 56 countries.
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