Propex Fabrics Inc. Completes Acquisition of SI Corporation

On February 1st, Propex Fabrics Inc. (“Propex”) finalized its
acquisition of SI Concrete Systems and SI Geosolutions (“SI”).
The merger creates a streamlined organization that is stronger and better
equipped to drive success and secure a stable, profitable future for customers,
employees, shareholders and suppliers. The combined entity is market driven
and dedicated to innovation, service excellence and proactive market
development.
Ed Stanczak remains CEO and President of Propex. Headquarters will be
relocated to Northern Atlanta. Joe Dana, CEO of SI, is now President of North
American Operations, with its headquarters in Chattanooga, TN.
While Propex has formed transition teams that span across all aspects of the
new organization in an effort to accelerate integration of its operations by the end
of the summer, its customers have been told it is “business as usual”.
For more information on Propex Fabrics, please
contact Deron Austin, Director of Marketing, at deron_austin@sind.com or 423-
553-2728.