In May 2008, PolySpec LP was acquired by Illinois Tool Works Inc. (NYSE:ITW). The company now does business as PolySpec Thiokol. PolySpec has evolved from a local supplier of coatings and linings to an entity with an international presence in diverse markets. PolySpec's growth has been enhanced by the acquisitions of the Thiokol Formulated Products and Selby Marine Decking Products businesses. More recently, the formation of a license agreement with Flowcrete Plc (UK), has extended their product technology
