MWW Group names senior vice president; $1.1 billion contract extension for Cytec; $5.8 million acquisition for Michelex Corp.
MWW Group announced Wednesday that Dick Wolfe has joined the firm as a senior vice president in the firm’s East Rutherford office.
Cytec Industries Inc., in West Paterson, announced recently that its Engineered Materials business had signed a contract extension through 2020 with Lockheed Martin to supply high-performance, structural composite and adhesive materials. Cytec expects the contract extension to generate revenues of approximately $1.1 billion.
Michelex Corp. has signed a binding letter of intent to acquire, from Dr. Girish Desai, ownership interest of Vitacoat Corp., Alpro Inc. and G&P International LLC. The total acquisition cost is $5.8 million. G&P is in Union, and Vitacoat and Alpro are based in South Hackensack.
Piscataway-based IEEE Standards Association and SAE International announced Wednesday their intent to establish a strategic partnership to better serve their industry participants.
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