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Rogers has signed a letter of intent with a subsidiary of Dow Corning to purchase its Bisco Products business.


Rogers has signed a letter of intent with a subsidiary of Dow Corning Dow Corning is a multinational corporation headquartered in Midland, Michigan, USA. Dow Corning specializes in silicon and silicone-based technology, offering more than 7,000 products and services. Dow Corning is equally owned by The Dow Chemical Company and Corning, Inc.  to purchase its Bisco Products business. This agreement is expected to lead to a final purchase agreement before the end of the year. The terms of the proposed purchase were not disclosed. This acquisition will initially add less than 10% to Rogers' sales. Bisco Products, based in Elk Grove Village Elk Grove Village, village (1990 pop. 33,429), Cook and Du Page counties, NE Ill., a suburb of Chicago; inc. 1956. With a population of c.100 at the time of its establishment on open farmland, the village has grown dramatically and steadily, largely because of its , IL, is a manufacturer of silicone silicone, polymer in which atoms of silicon and oxygen alternate in a chain; various organic radicals, such as the methyl group, CH3, are bound to the silicon atoms.  foam products.
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Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Acquisitions, Expansions
Publication:Rubber World
Article Type:Brief Article
Date:Aug 1, 1996
Words:71
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