"At NobelClad, our composite metals business, second quarter sales were $24.8 million, up 12% sequentially and 13% versus last year's second quarter," Kuta said. "A very favorable project mix helped drive adjusted EBITDA margins to 22%, up from 15% in the first quarter and 16% in last year's second quarter. The growing demand for NobelClad's composite metal products is reflected in its expanding order backlog, which increased to $64 million from $60 million in the first quarter.