AGY and JPS Composite Materials LLC Partner to Produce North America’s First Low CTE Glass Fiber Fabric for Advanced IC Substrates

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AIKEN, S.C. & STATESVILLE, N.C.--(BUSINESS WIRE)--Feb 25, 2026--

AGY, a leading manufacturer of advanced specialty glass fibers, today announced a strategic partnership with JPS Composite Materials LLC to manufacture and produce the first North American-based low coefficient of thermal expansion (Low CTE) glass fiber fabric designed specifically for advanced integrated circuit (IC) substrates and next-generation semiconductor packaging technologies.

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Low CTE L-HDI Fabric Produced by JPS Composite Materials from AGY L-HDI Glass Fiber Yarn.

This collaboration combines AGY’s proprietary L-HDI™ ultra-low CTE glass fiber, produced at its Aiken, South Carolina manufacturing facility, with JPS Composite Materials’ advanced weaving and fabric production capabilities at its Statesville, North Carolina facility. Together, the companies are establishing a fully domestic supply chain for critical reinforcement materials used in high-performance semiconductor applications.

Low CTE glass fiber fabric plays a vital role in IC substrate performance by enhancing dimensional stability, reducing warpage, and supporting higher interconnect density. These characteristics are essential for advanced packaging platforms such as Chip-on-Wafer-on-Substrate (CoWoS) and System-on-Integrated-Chips (SoIC), which enable higher bandwidth, improved power efficiency, and greater functional integration in AI, data center, and high-performance computing applications.

“Establishing a North American source for Low CTE glass fiber fabric is a major milestone for the semiconductor supply chain,” said Patrick Hunter, Chief Commercial Officer and President of AGY. “Our L-HDI glass fiber platform was developed to meet the increasing dimensional stability and dielectric performance demands of next-generation IC substrates. By partnering with JPS Composite Materials LLC, we are delivering a fully domestic solution that strengthens supply chain resiliency while supporting leading-edge packaging innovation.”

AGY’s L-HDI glass fiber is engineered to provide ultra-low CTE, excellent dielectric properties, and consistent filament geometry required for advanced electronic laminates and substrates. JPS Composite Materials LLC brings decades of experience in precision weaving and high-performance fabric manufacturing, ensuring tight construction control and quality standards necessary for semiconductor-grade fabric.

“This partnership positions both companies at the forefront of advanced electronics materials manufacturing in the United States,” said Keith Bendyk, President, JPS Composite Materials. “By combining AGY’s specialty fiber technology with JPS’s fabric expertise, we are enabling domestic production of a material that is critical to AI infrastructure and advanced semiconductor packaging.”

The AGY and JPS collaboration support broader U.S. initiatives to localize critical semiconductor materials, enhance supply chain security, and advance domestic manufacturing capabilities in support of AI, aerospace, defense, and high-performance computing markets.

Initial production is underway, with customer qualifications in progress.

About AGY

AGY is a leading innovator and manufacturer of specialty glass fibers enabling high-performance composite solutions for aviation, defense, electronics, artificial intelligence, digital connectivity and architecture applications that are integral to civilian life and critical to the national security supply chain. Headquartered in Aiken, SC, AGY is the singular remaining specialty glass fiber manufacturer in the United States. Flexible production operations, R&D teams, and a product innovation center allow AGY to customize material solutions and develop next-generation products for clients globally.

About JPS Composite Materials

JPS Composite Materials LLC, a wholly owned subsidiary of Steel Partners, is a leading manufacturer of high-performance woven fabrics for aerospace, advanced composite and electronic applications. The company operates manufacturing facilities in the United States and serves a global customer base across aerospace, electronics, and industrial markets.

About Steel Partners

Steel Partners ( www.steelpartners.com ) is a diversified global holding company that owns and operates businesses and has significant interests in various companies, including diversified industrial products, energy, defense, supply chain management and logistics, direct marketing, banking, and youth sports.

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CONTACT: For more information, please visitwww.agy.comor contact:Cameron Roux

Business Communications

AGY

803-643-1172

[email protected]

KEYWORD: NORTH CAROLINA SOUTH CAROLINA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: ENGINEERING CHEMICALS/PLASTICS AEROSPACE MANUFACTURING OTHER MANUFACTURING TEXTILES

SOURCE: AGY

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PUB: 02/25/2026 10:30 AM/DISC: 02/25/2026 10:30 AM

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