Effective Dec. 28, 2012, Americhem Inc. (Cuyahoga Falls, Ohio), a global provider of custom color and additive solutions, acquired Infinity Compounding, LLC, a supplier of specialty filled and reinforced engineering thermoplastic compounds, located in Swedesboro, N.J. The acquisition, annouced this week, is expected to be mutually beneficial to both companies.
"Our partnership with Infinity Compounding makes sense on a number of levels," says Rick Juve, CEO of Americhem, of the acquisition. "We’re both about providing highly reliable, technology-based solutions for our customers. This move broadens the technology base, opens new markets and expands geographical reach for both organizations, which we believe will be of additional benefit to our customers."
Infinity Compounding specializes in highly engineered thermoplastic compounds, serving a variety of industries including medical, electrical/electronics, business machines, the disk drive industry, consumer products, industrial and aerospace/military. Infinity Compounding will be an Americhem Group Company but will continue to operate independently under the direction of its existing management team from its New Jersey headquarters.
"As part of Americhem, Infinity Compounding will be able to offer new products and technologies to our customers including best-in-class color capabilities," says Carlos Carreno, president of Infinity Compounding. "We are also excited about Americhem’s global manufacturing and marketing reach, in particular China, which is already a growing market for Infinity. We look forward to building upon our business model which emphasizes technology, quality and unrivaled customer service."
Tim Carroll, Infinity's VP of sales and marketing, adds, "Through our affiliation with Americhem, Infinity Compounding will have access to new technical capabilities, particularly in color technology, along with global marketing and manufacturing sites, strengthening our ability to provide high-performance compounds to our customers. Likewise, Americhem sees the acquisition as an opportunity to further its capabilities offered to existing and future customers across the various industries it serves."
Americhem is a global organization that specializes in color and additive masterbatches,and single pigment dispersions. The company operates seven manufacturing plants and also maintains representative sales offices in Monterrey, Mexico and in Luxembourg. Central Research & Development facilities and headquarters are located in Cuyahoga Falls, Ohio. For more information, visit www.americhem.com or call (800) 228-3476.
Infinity Compounding manufactures and sells custom compounded, engineering-grade polymer composites to meet the demands of specific customer applications. Using fillers, reinforcements and a broad variety of base resins, the company enhances the base resin properties and creates an infinite variety of compounded products in the form of plastic pellets.