# B&W Fiber Glass acquires Slater Mill fiberglass operation, plans $5.25M investment

B&W Fiber Glass Inc. took over the fiberglass manufacturing operation at Slater Mill in Greenville County, South Carolina, formerly operated by JPS Composite Materials. The new operation will be called Poseidon Advanced Materials. B&W plans to employ 46 people and spend at least $5.25 million on improvements.

- Type: Acquisition
- Announced: 2016-12-02
- Where: Greenville County, South Carolina, United States
- Value: $5.25M
- Jobs: 46
- Status: completed
- Products: fiberglass materials
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [B&W Fiber Glass](https://endata.com/companies/20370.md) (acquirer)
- [JPS Composite Materials](https://endata.com/companies/20371.md) (target)

## Sources

- [upstatebusinessjournal.com](https://upstatebusinessjournal.com/business-news/new-owners-will-continue-textile-production-slater-mill/), 2016-12-02: "B&W plans to employ 46 people at the plant and spend at least $5.25 million making improvements to it."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.