VEC Technology is a fully integrated composite solutions company. VEC Technology developed, patented and marketed a composite closed-mold system that is having a major impact on the composite industry. Through its VEC Manufacturing Cells utilizing the Floating Mold technology, VEC offers a low-cost, closed-mold solution that has lowered the economic threshold of closed molding composite parts. The company s technology has been commercialized in the marine, construction, heavy truck, farming equipment and recreational vehicle markets. VEC is majority owned by Genmar Holdings. Genmar Holdings utilizes VEC Technology extensively in the manufacture of various recreational boats. VEC Technology is located in Greenville, Pa.