Performance Processing Sells Some of Its Assets
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Performance Processing Co. in Orange sold its silicone rubber custom-compounding assets to a unit of GE Silicones for an undisclosed price, the Waterford, N.Y., firm said Monday.
GE said in a press release that the acquisition from Performance, a division of West American Rubber Co., will enhance its West Coast customer base. GE, a global manufacturer of silicone products, is a $1.4-billion operating division of GE Plastics.
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