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AGC Buys Taconic's Laminates Unit

Published: 12 June 2019
 by Mike Buetow

PETERSBURGH, NY -- AGC has acquired Taconic’s Advanced Dielectric Division along with the majority-owned Korea Taconic.

The sale, which took effect Jun. 11, is AGS’ second major purchase of a laminate producer in the past year.

In a letter to customers, AGC said it will “propose a range of products in synergy” between AGC Nelco and Taconic for new RF application products. No products currently provided from AGC Nelco or Taconic will be obsoleted, it added.

Taconic customers in the Americas will be serviced through AGC Nelco. Over time, materials made in Taconic’s Petersburgh, NY, location will be moved to another facility.

In December, AGC purchased Park Electrochemical’s electronics business for $145 million in cash.

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