Milliken Acquires Pipe Wrap Inc.

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Milliken announced the acquisition of the assets of Pipe Wrap Inc. by its subsidiary Milliken Infrastructure Solutions LLC. Pipe Wrap is a leader in the design and construction of composite materials for pipe repairs, providing custom solutions for structural reinforcement, leak repair, and corrosion prevention. The acquisition is the latest in the expansion of the company’s fiber-reinforced polymer business, serving both steel and concrete structures. Pipe Wrap is headquartered in Houston and has operations in Denver. Its two U.S. patents, with four pending, add to Milliken’s patent collection, one of the largest held by a private company. For Milliken Infrastructure Solutions, the announcement follows the June 2014 acquisition of the assets of Edge Structural Composites Inc., which produces strengthening systems for structural upgrades, corrosion repairs, seismic strengthening, and other applications.