Material Sciences Corporation (MSC) and its subsidiaries design, manufacture and market material-based solutions for acoustical and coated applications. The Company operates three manufacturing plants in the United States and Europe: one facility in Elk Grove Village, Illinois (Elk Grove Village); one facility in Walbridge, Ohio (Walbridge); and one facility in Eisenach, Germany (Eisenach). The Company also operates two research and development facilities: one in Canton, Michigan and one co-located with its manufacturing facility in Eisenach, Germany. In South America, the Company owns 51% of the equity and holds 50% of the voting rights in a joint venture partnership with Tekno S.A. (Tekno), which manufactures and sells acoustical products. The Company has an agreement with a Korean company, Hae Won Steel (Hae Won), to produce Quiet Steel and other laminate products in Korea.