Headquartered in Niagara Falls, NY, Unifrax had estimated sales of $220 million in 2005 and operates 13 facilities located in the United States, Europe, Latin America and Asia. American Securities has owned the Company since September 2003.
"There are many aspects of this partnership of which we are particularly proud," observed Paul Rossetti, Managing Director of American Securities. "Working with Unifrax to establish a presence in China is certainly a highlight, followed closely by identifying and resourcing of other growth initiatives."