WWII gas mask maker Avon Protection sells loss-making body armour site to US rival CoorsTek
Avon Protection has agreed to sell a serious factory to a US rival because it winds down its loss-making armour business.
The Wiltshire-based headgear maker, which went public in 1949 after supplying gas masks throughout the Second World War, will hand over its Lexington facility in Kentucky to the ceramics manufacturer CoorsTek for a ‘modest money consideration’.
The positioning makes ceramic plates, that are required for the body armour and ballistic vests worn by soldiers and the police.
Avon Protection will hand over its Lexington facility in Kentucky to the ceramics manufacturer CoorsTek for a ‘modest money consideration’
Avon expects to shut the armour business within the second half of next yr upon completing its contracts with customers.
The choice was made in December last yr following the failure in tests of a key body armour product.
It means Avon can be left with its respiratory and ballistic helmets businesses.
Avon chairman Bruce Thompson said they were ‘delighted to announce the sale of the Lexington facility’.
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