Focus on geogrid business, says CEO
Atlanta-based Tensar Corp. announced in an Aug. 1 press release that is has sold its
Tensar Polytechnologies Inc. (TPI) assets and business to Conwed Plastics LLC for
an undisclosed amount.
TPI manufactures and distributes light-weight oriented net (LWON), which is used in the manufacturing of erosion-control blankets, carpet padding,
and other industrial products.
“This sale will enable Tensar to focus our U.S. production capacity on our more strategic and rapidly growing geogrid business, thus increasing our
service capabilities for our customers,” said Don Meltzer, Tensar president and CEO.
Conwed, based in Minneapolis, manufactures plastic netting, including knitted and extruded wattle netting and erosion-control monofilaments.