U

TGL S.P. Industries

Rubber to Metal Bonding Products for Defense & Commercial Industries
Startup Mature Founded 1952 Aerospace, Defense & HLS
Last Update Sep 7, 2024

TGL S.P. Industries News

2 articles
TGL buying industrial diaphragms maker Autolife
Apr 12, 2007 · www.rubbernews.com
growth-positive
Israeli firm TGL purchases Haifa Rubber Works
TGL S.P. Industries Ltd. has acquired the assets of Haifa Rubber Works to bolster its civil market business and diversify its structure. The acquisition, valued at $1.5 million, aims to balance TGLs business activities, which are heavily concentrated in the military market. The acquisition is expected to increase TGLs annual sales by about 35 percent, making it the second largest rubber company in Israel. TGL will also add about 24 more employees through the acquisition.
AcquisitionExpand