New Star Metals has announced that, effective November 2, the company will be known as Material Sciences Corporation (MSC). Founded in 2010, New Star Metals added the original Material Sciences Corporation to its growing list of acquisitions in March 2014. MSC joined several other business units as a global supplier of metal products and processing, engineering services and supply chain management to customers in the automotive, construction and consumer products sectors worldwide.
Pat Murley, chief executive officer of New Star Metals since the company’s founding, assumes the same role at MSC. “We are on an aggressive path, going to market as one entity: Material Sciences Corporation. When we acquired MSC, we gained access to the knowledge and reputation of this publicly-traded 64-year-old company. Before long, we came to the conclusion that the superior brand recognition of Material Sciences Corporation could be applied effectively to the entire family of New Star Metals companies. We have more value to offer under the MSC banner, gaining access to new product applications and outstanding growth opportunities in North America and globally.”
Mr. Murley continued by noting that the combined New Star Metals and Material Sciences Corporation constitute a new company with a fresh business culture and time-honored name. Three MSC business units have joined the original New Star Metals entities: Canfield Coating Company, Electric Coating Technologies, Premier Resource Group and World Class Corrugating.
