Global Composite Solutions
Globe Rubber Works, Inc. (GRW), based in Rockland, MA was founded in 1890 as a supplier of rubberized gaskets and sheet rubber products. Since that time the company has become one of the leading developers of specialty non-metallic products and materials for the commercial, industrial, military and marine markets.
GRW owns a 30,000 square foot manufacturing and development facility in Rockland, situated on a seven acre site. The facility has been configured to allow for plant expansion on the site. GRW also leases a 5,000 square foot light industrial building, which is used for secondary machining and product assembly operations in Whitman, MA, three miles from the Rockland plant.
Kalm-Forsythe Global Innovations, LTD (KFGI), a Dallas-based company, was formed in late 2001. It developed a relationship with GRW as a marketer of its products. The relationship grew and culminated in an agreement for KFGI to purchase. The operations remain in Rockland, and the company now operates under the name of Globe Composite Solutions, Inc.
PCI Loan Amount: $600,000
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