Tex Tech Industries, Inc. acquired operating assets of Gardena, California site and certain assets of SGL Composites Inc. from SGL Carbon SE on February 17, 2023. Gardena?s key product offerings, which include Rayon Carbon, Refrasil, and Carbon based products, are used in a variety of aerospace, defense, industrial, and automotive applications.

Tex Tech Industries, Inc. completed the acquisition of operating assets of Gardena, California site and certain assets of SGL Composites Inc. from SGL Carbon SE on February 17, 2023. As a part of the acquisition, the sales of SGL Composites have been slightly negatively impacted of ?30 million.