Adhesives Research Announces Restructuring To Meet Demands of Rapid Growth
GLEN ROCK, Pa. (September 30, 2005) - Kären M. Olson, president and CEO of
Adhesives Research, Inc., a leading global developer and manufacturer of
custom design solutions with $140 million in global sales, today announced
the company's reorganization into four fully integrated operating divisions
with a new corporate leadership structure. The organization's fast growth
drove this change to allow the company to maximize resources and to better
serve its customers.
Each of the new operating divisions-ARcare®, ARclad®, ARx(TM), and ARmark(TM)
Authentication Technologies-will have dedicated quality, sales,
manufacturing, and technical resources, complemented by business processes
designed specifically for its customers and markets. All four newly named
general managers will report directly to Olson.
The ARcare® division, led by vice president and general manager Geoff
Bennett, will focus on the timely development and manufacture of highly
customized, often one-of-a-kind, tapes, adhesive coated products, films, and
laminates for customers in the pharmaceutical, medical, electronics, and
specialty industrial markets. ARclad® will build upon proven product lines
of high-performance, specialty pressure-sensitive tapes used by industrial
customers in the construction, pulp and paper, and transportation markets.
William M. Stratton, III has been chosen to lead this new division as vice
president and general manager. The ARx(TM) division, led by vice president and
general manager, Beth Vondrak, will expand Adhesives Research's role as a
leading component supplier/partner to the pharmaceutical industry and bring
enhanced focus and regulatory control to the design, scale-up, and
manufacture of "active" adhesive laminates and dissolvable films for the
fast-growing drug delivery sector. ARmark(TM) Authentication Technologies, a
new venture, will provide unique technical solutions and customized products
for markets experiencing challenges with product surety, authentication, and
security. Jeff Robertson has been named director and general manager of this
new division.
"Over the last ten years, we have tripled our revenue and expanded our
operations globally. Our international revenues have grown to over 40
percent of our current $140 million in global sales. We are extremely proud
of our success and look forward to a dynamic future," said Olson. "With our
growth and success, we will continue to meet the needs of our customers and
their changing industries. Our new structure enables our teams to be more
responsive in developing and delivering products and solutions today, while
anticipating and preparing for the future."
With more than 500 employees worldwide, Adhesives Research offers
problem-solving capabilities and custom solutions in adhesive
polymerization, mixing, adhesive coating, and release liner design. Adhesive
Research's products are used around the world in medical diagnostics and
devices, wound care, pharmaceuticals/transdermals, and consumer products, as
well as in the electronics, automotive, display, window fabrication, and
pulp and paper industries.
Based in Glen Rock, Pennsylvania, Adhesives Research also operates
manufacturing facilities in Ireland, Australia, and Colombia, has sales and
marketing offices in Great Britain, Germany, and Singapore, and sales
representation in Japan, Korea, Taiwan, and Thailand. The Company's North
American and Limerick, Ireland, facilities are certified to the updated ISO
9001:2000 standard.
For more information on Adhesives Research and its products, call
1-800-445-6240 (1-717-235-7979 outside North America) or visit our web site
at www.adhesivesresearch.com.
Adhesives Research® is a registered trademark of Adhesives Research, Inc.,
for engineering and design services in the field of pressure-sensitive
adhesive systems.
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Karen (McKay) Tong
Nevins & Associates
ktong@nevinspr.com
410.568
