Shape Acquires Magnode

Shape Acquires Magnode

Shape Corp. announced, Monday, that the company has come to terms on a purchase agreement to acquire Ohio-based aluminum extruder, Magnode. The deal comes after a successful business relationship between that two companies that included collaboration on engineering projects, as well as shared research and development around lightweighting best practices. Shape’s global aluminum offerings are immediately elevated by leveraging Magnode’s 70-plus years of aluminum extrusion expertise and their vertically integrated business model. Going forward Magnode will operate as a division of Shape. As a global leader in lightweighting technology for the automotive and mobility markets, Shape has a focus on impact energy management systems and body structures. The Magnode purchase […]

Shape Makes the ACE Finals at CAMX

Shape Makes the ACE Finals at CAMX

Shape’s innovative spirit was on display at the 2017 CAMX—the premier composites and advanced materials event and for four days the center of the composites world. Shape was in attendance as a finalist for an Award for Composite Excellence (ACE), the composite industry’s stand out award showcase. The ACE awards are an annual competition hosted by the American Composites Manufacturers Association (ACMA) that recognizes superiority in engineering and design, as well as improvements and innovation in equipment and manufacturing. Shape was a finalist in the Infinite Possibility for Market Growth category for our use of curved pultrusion to create highly engineered hollow profiles. The award, which was taken home by Ford and Magna […]