I am pleased to announce that North Central Equity (the Sunrise Parent Company) and National Composites have entered into an agreement for National Composites to acquire Sunrise Fiberglass LLC.
Given the unprecedented COVID related impact to the Sunrise Fiberglass markets over the last several weeks, we began a concentrated effort to find a suitable buyer.
Over 2019 National Composites has seen large growth within the markets we currently serve as well as new markets. We are excited to announce that in 2020 National Composites will have two more production facilities under its umbrella. The addition of these facilities will increase our production capacity, diversify our molding capabilities, and increase our value to our customers, becoming a one-stop-shop for all their composite needs.