SEKISUI America Corporation, the regional headquarters in North America for SEKISUI CHEMICAL CO. LTD. in Japan, announced today that the company has successfully completed its acquisition of AIM Aerospace, based in Renton, WA. The company will also transition its name to SEKISUI Aerospace.

"The acquisition of SEKISUI Aerospace continues SEKISUI's commitment to investing in growth markets with high-quality and principled companies that share our corporate values" said Ian Moran, President, SEKISUI America Corporation. "The addition of SEKISUI Aerospace creates new value for our shareholders, customers, communities, and employees. I look forward to working with the SEKISUI Aerospace team as they will both contribute to and benefit from the scale, capabilities and diversity of SEKISUI America Corporation's companies."

Founded in 1988, SEKISUI Aerospace is a leading designer and producer of highly engineered advanced composite structures, systems, engine components, assemblies, and thermoplastic technology for the aerospace industry. With more than 1,000 employees, the company operates manufacturing centers of excellence as well as a research and technology center at locations in Washington and Iowa. SEKISUI Aerospace is a fully integrated, diversified composites supplier and includes Quatro Composites.

"Through the relentless efforts of our skilled employees, SEKISUI Aerospace has successfully positioned itself on key growth programs in structures and engine components on both Boeing and Airbus platforms. We deliver innovative solutions to complex problems as one integrated platform," said Chief Executive Officer, Daniele Cagnatel. "We are excited to join the SEKISUI Group and plan to leverage their strong industrial, material, and manufacturing expertise to further enhance our capabilities, as well as utilize their global presence to better serve our current and emerging customer needs."

With this acquisition, SEKISUI America Corporation will oversee ten companies in 24 cities across North America.