ITW Performance Polymers Acquires M&C Specialties
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DANVERS, MA - ITW Performance Polymers, an Illinois Tool Works company, has acquired M&C Specialties Co., a Pennsylvania-based contract manufacturer of custom-fabricated die-cut adhesive components, tapes, and labels to markets around the world.
M&C Specialties also sells adhesive subassemblies, foils, and double- and single-coated foams. Services include precision rotary and flatbed die cutting, tape slitting, spool and level winding, single- and double-sided laminating, and flexographic and hot-stamp printing. M&C has served as converter and distributor for many prominent adhesive manufacturers, including 3M, Avery Dennison, Tesa Tape, MACtac, Rogers Poron, and Bisco. Markets served include health care (dressings, transdermal patches, etc.); transportation (converted parts for protective films, weather stripping, etc.); and electronics (multi-layer laminations, shock pads, tapes, etc.).
M&C will continue to operate from its plants in Southampton, Pennsylvania; Lancaster, California; Athlone, Ireland; Tianjin and Shenzhen, China; and Mexicali, Mexico. All employees will remain with the business.
"M&C Specialties will operate as a 'stand-alone' unit," said Sevan Demirdogen, head of the ITW Performance Polymers acquisition team, "and will continue to provide customers with the high levels of quality and service to which they are accustomed."
"The decision to sell the business to ITW after 62 years of Rauch family control was difficult and emotional," said M&C Specialties President and CEO Donald Rauch in a letter to M&C customers.
"I sincerely believe," he continued, "that with the support and resources of ITW and the current M&C management, the business will continue to prosper and grow to uncharted levels."
A world leader in adhesives technology, ITW Performance Polymers includes companies that manufacture OEM adhesives, sealants, and tapes; automotive fluids; and maintenance/repair products. The company serves major markets worldwide, including industrial repair and maintenance, power generation, processing, marine, automotive, transportation, composites, construction, amusements, manufactured housing, solid surface, and automotive aftermarkets.
For more information, contact: Sevan Demirdogen, Vice President & General Manager,
ITW Performance Polymers, 30 Endicott Street, Danvers, MA 01923, TEL: (978) 777-1100,
FAX: (978) 774-5577, www.itwperformers.com.
For: ITW Performance Polymers
30 Endicott Street
Danvers, MA 01923
Contact: Sevan Demirdogen,
Vice President & General Manager
TEL: (978) 777-1100
FAX: (978) 774-5577
www.itwperformers.com
From: Norris & Company
437 Turnpike Street
Canton, MA 02021
Contact: John Norris,
Account Executive
TEL: (781) 821-8300
FAX: (781) 821-8301
