Company News

AGY Seeks Collective Bargaining Agreement

AIKEN, SC USA – (May 3, 2014) – AGY and Teamsters Local No. 509 have been meeting since March 24, 2014 to negotiate a new contract for the Company’s employees at its Aiken Plant prior to the contract expiration at midnight on May 1, 2014. Unfortunately, after many days of discussions, the negotiations were not productive. As a result, on April 29, 2014, AGY gave Teamsters’ Union Leadership the Company’s final offer for a new three (3) year agreement and requested that the offer be presented to the Union’s membership for a vote. Unfortunately, Teamsters Leadership immediately rejected AGY’s proposal, stating that it would not present the proposal to its […]

AGY Promotes S-2 Glass® Portfolio for Oil and Gas Applications

AIKEN, SC USA – (March 11, 2014) – AGY, a leading global producer of high-strength glass fiber reinforcements, is highlighting its S-2 Glass® portfolio of products as the next generation of composite reinforcement for the oil and gas industry. This high-performance reinforcement offers the physical and chemical characteristics needed to drive composite down-hole tooling into more aggressive well environments, new applications, and longer life cycle product lines. As well depths increase, so do down-hole temperatures and pressures, thus creating a progressively more hostile environment for the materials involved. Composites produced using S-2 Glass as reinforcement can be more than 40% stronger than those made with traditional E-Glass fiber, and can […]

AGY Introduces New Thermoplastic Sizing Systems

AIKEN, SC USA – (March 11, 2014) – AGY has introduced over the last 2 years a number of innovative sizing systems for use in thermoplastic composite applications, the continued growth in the use of these materials has been evident in the number of requests AGY has handled during this time and the diversity of the markets they will serve. Now AGY announces the introduction of a range of S-2 Glass® and E-Glass yarns complete with thermoplastics compatible sizes for use in woven fabrics and a range of other conversion steps. The new yarn products launched by AGY have a sizing system tailored to achieve the optimum bond between the […]

AGY and CTG / Taishan Fiberglass Schedule Launch of S-1 HM™ Glass Fiber Production

AIKEN, SC USA – (March 11, 2014) – AGY, a leading global producer of glass fiber yarns and glass fiber reinforcements, has announced the start of production of S-1 HM™ glass in conjunction with CTG/Taishan Fiberglass. The material was developed by AGY and will be produced by CTG/Taishan Fiberglass to fill the cost and performance gap between traditional E-Glass products and higher performance glasses such as AGY’s S-2 Glass® products. CTG/Taishan Fiberglass has scheduled the completion of a new furnace for the end of the second quarter of 2014 with commercial availability of S-1 HM glass fiber rovings beginning the third quarter of 2014. CTG/Taishan Fiberglass is one of the […]

AGY Launches ‘Made in America’ Campaign

AIKEN, SC USA – (November 14, 2013) – In announcing the launch of AGY’s Made in America campaign, President and CEO Drew Walker said that “AGY is proud to be an American manufacturing. With the enormous loss of manufacturing jobs in the U.S. over the last few years, it has spurred a nationwide effort to support American workers by buying American products.” AGY’s Made in America campaign is designed to re-affirm to its customers that AGY glass fiber products are made in the U.S. “It should resonate well with our many customers who want to buy products that are made in the U.S. while contributing to the long-term health and […]

AGY Announces Sale of Huntingdon Business Unit

AIKEN, SC USA – (November 5, 2013) – AGY announced the sale of the Huntingdon business unit to Stonewood Capital Management, Inc., a Pittsburgh-based private equity group. The Huntingdon business unit, now doing business as Huntingdon Fiberglass Products, LLC (HFP), consists of the continuous filament mat (CFM) business and CFM plant and facilities located in Huntingdon, PA. “We are delighted to announce the agreement with Stonewood Capital to purchase our Huntingdon business unit,” said Drew Walker, President and CEO of AGY. “We see this sale as a critical step in successfully implementing our business strategy. These actions allow us to concentrate more intently on our fine glass fiber yarns and […]

AGY Holding Corp. Appoints Chief Executive Officer and Chief Financial Officer

AIKEN, SOUTH CAROLINA – (July 9, 2013) – AGY Holding Corp., a Delaware corporation (“AGY”), and KAGY Holding Company, Inc., a Delaware corporation and the direct parent company of AGY (“KAGY,” and together with AGY, the “Companies”), announced that, effective July 9, 2013, Drew Walker has been named President & Chief Executive Officer of each of the Companies. Since joining the Companies in 2005, Mr. Walker has served as Vice President of Sales and Marketing and, most recently, as President. He will be able to draw on his 20 plus years of experience in the specialty materials sector to lead the organization with a true understanding of our customers’ needs. […]

AGY’s Second Annual Spring Cleaning Event Enabled Employees to Refresh Their Workplace and Enjoy a Day of Comaraderie

AIKEN, SC USA – (May 30, 2013) – Watching volunteers from AGY roll up their sleeves and pitch in to clean and refresh their workplace was evidence of the enthusiasm that permeated the company’s second Annual Spring Cleaning Event on Saturday, May 18th. One hundred and twenty three volunteers, divided into eleven different teams, completed a broad range of projects including refreshing the company’s front entrance and grounds, sealing and refinishing the second half of the main parking lot, and cleaning up functional areas within the plant. This year’s event included a Prep Day on May 7th for employees who were unable to attend the Saturday clean-up due to their […]

AGY Introduces New Sizing System for a Wide Range of Thermoplastic Resins

AIKEN, SC USA – (October 23, 2012) – AGY, a leading global producer of glass fiber yarns and high-strength glass fiber reinforcements, announces the introduction of new sizing systems designed to give the full range of AGY rovings and yarns compatibility with a wide range of thermoplastic resins from engineering materials including polybutylene terephthalate (PBT), polycarbonate (PC), and polyamide 6 and 6.6 (PA6 and PA 6.6) and high performance materials including polyetheretherketone (PEEK), polyetherketoneketone (PEKK), polyamide 11 and 12 (PA11 and PA12), and polyetherimide (PEI). Based on AGY’s experience with direct sizing of its S-2 Glass® yarns and rovings, the new sizing compositions are designed to be used as directly […]

AGY Announces Decision to Initiate Process to Sell Its CFM Business

AIKEN, SC USA – ( July 25, 2012) – AGY, a leading global producer of fiber glass yarns and high-strength fiber glass reinforcements for composites, announced today that it has decided to initiate the process to sell its continuous filament mat (CFM) business. “This decision regarding our CFM business was made to better align the company’s strategic objectives and product portfolio,” said Drew Walker, President of AGY. The proposed sale will have no impact on AGY’s core yarn and specialty roving business. Re-aligning its product portfolio will allow AGY to return to its core capabilities and focus on its specialty materials products. “AGY has the product portfolio and technology to […]