AHMEEK, Michigan – Neuvokas Corporation, manufacturers of GatorBar®, ExxonMobil’s Proxxima™ Polyolefin Thermoset Resin Systems, and Shri Bajrang Power and ISPAT Limited (SBPIL) - a leading Indian building and construction materials company - have collaborated to enable SBPIL to license up to five production lines utilizing Neuvokas’ U.S. glass fiber-reinforced polymer (GFRP) rebar manufacturing platform.
This collaboration combines SBPIL’s Goel TMT’s market leading rebar position in India, Neuvokas’ advanced GFRP rebar manufacturing platform and ExxonMobil’s Proxxima™ Polyolefin Thermoset Resin System. The Syndicate will leverage its partners collective strengths to rapidly establish the market for GFRP rebar in the deepest pockets of India.
The Neuvokas GFRP rebar manufacturing platform is a revolutionary manufacturing breakthrough that optimizes throughput to achieve significantly greater manufacturing speeds than current state-of-the-art pultrusion. Neuvokas is a leading manufacturer of GatorBar a sliver-free GFRP rebar in North America.
This milestone represents an important next step in the collaboration of Neuvokas Corporation, Shri Bajrang Power and ISPAT Limited, and ExxonMobil Product Solutions Company. Neuvokas will leverage this Syndicate to further open the North America market for its GatorBar products.
###
About GatorBar: Ahmeek, MI based GatorBar is “100% Made in the USA” composite rebar. GatorBar’s manufacturing processes, custom production lines, control systems and technologies were designed and constructed from scratch using the know-how, ingenuity, tenacity and determination of American trained and experienced engineers, designers, fabricators and service companies. GatorBar unapologetically bootstrapped itself into a product segment where no one had gone before and became what it is today…America’s Rebar. For further information about or how to purchase GatorBar, please contact info@gatorbar.com or 906.934.2661.
Follow GatorBar on LinkedIn, Facebook, YouTube, Instagram, and X/Twitter.