TMI Acquires RJF's KoroKlear Division
The TMI Group of Companies continues to expand. Effective October 1, TMI has acquired the assets of RJF's KoroKlear Division. "We are excited to add KoroKlear to the TMI group. KoroKlear enjoys a great name and quality reputation in the industry. We are looking forward to working with KoroKlear's customers which will benefit from TMI's broad product offering ranging from bulk PVC film, PVC coated fabrics and flexible PVC to finished products such as strip doors and screen doors" comments Joe Peilert, President & CEO of TMI.
The acquisition supports the strategic objectives of both companies. With the addition of KoroKlear, TMI can further expand its market leadership position as America's largest manufacturer and supplier of flexible PVC solutions for the door, food service, safety and material handling industries.
Jack Woodyard, General Manager of RJF International Corporation states: "The divesture of KoroKlear allows us to focus on our core businesses. As a well established long time player in the flexible PVC market, we know that TMI understands the requirements of KoroKlear's customers."
The addition of the KoroKlear Division represents TMI's third acquisition in two years. Earlier this year, as a result of organic growth, the company opened a new West Coast Warehouse and Logistics Center in Anaheim California - its fourth location overall. TMI is planning on additional acquisitions over the next twelve months. Peilert confirms "the management structure and funding is in place to continue our expansion."
The TMI Group of Companies is a fully integrated, leading international producer and supplier of innovative products and solutions designed to manage customer environments by improving work safety, cleanliness, comfort, efficiency and energy savings. Products include strip doors, exclusive PVC based strip, film, panel and sheet products, PVC coated and laminated fabrics, air doors, insect screens, swinging impact doors, curtains, modular enclosures and dock accessories. Services include slitting, heat sealing, interleaving, sheeting and die-cutting. The business is headquartered in Pittsburgh, PA with operations in Cuyahoga Falls, OH, Anaheim, CA and Norcross, GA.
For more information, please contact Chris Cummings, TMI LLC Marketing Manager at 412-787-9750 or marketing@tmi-pvc.com.
