Fiberglass fabricator merges with wind energy company

Posted on November 26, 2008. Filed under: Wind |

From an article by Tom Content in the Milwaukee Journal Sentinel:

A Wisconsin Rapids company is looking to tap surging investment in renewable energy, wastewater management and biofuels after it changed its name and went public through a merger last month.

Energy Composites Corp., formerly known as Advanced Fiberglass Technologies, is a manufacturer of structures, vessels and systems for a range of applications including wind power, biofuels and wastewater and drinking water storage.

The company says its technology is well suited to large wind turbines that may be erected in oceans or the Great Lakes.

The company, which this fall received a $1 million state loan through the Wisconsin Energy Independence Fund, told the state it anticipates creating nearly 130 jobs in the coming years.

Energy Composites has 86 employees.

As part of the merger, the company named Sam Fairchild as its chief executive officer. Fairchild is the former top executive at wind tower manufacturer Tower Tech in Manitowoc. Tower Tech is a unit of Broadwind Energy Corp. of Naperville, Ill.

TowerTech went public several years ago using a similar merger process.

Energy Composites said Tuesday it has shipped a municipal sewer lift station for the City of Baton Rouge, La. The price of the contract was not disclosed.

The shipment marks the launch of the company’s water management division, and is the first in a series of retrofitted lift stations for municipal sewer systems in Louisiana communities, said Jamie Mancl, Energy Composites president.

In the renewable-energy area, the company also has been named the distributor in North and South America for a line of epoxy resin systems used in wind power systems.

“From alternative energy to environmental compliance to water management, this product line fits ECC’s business plan to deploy highly functional, cost-effective composites as an enabler of clean tech,” Fairchild said in a statement.


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