June 28, 2021-McHenry, IL: Chroma Color Corporation has acquired Color Resource LLC, a manufacturer of color concentrates for the telecommunications, fiber, building, electronics, and specialty wire markets. Color Resource’s manufacturing plant is located in Leominster, Massachusetts. This acquisition significantly expands Chroma Color Corporation's current product offerings in the wire and cable marketplace and other key market segments.
Founded in 2009, Color Resource has provided customers stock and custom color concentrates that meet Munsell, NEMA, RAL, and SAE J-1178 specifications for PVC, PE, PP, and EVA resins. These color concentrates often include additives for UV protection, anti-microbial, flame retardancy, anti-static, or chemical resistance for use in harsh environments.
Chroma Color President, Howard DeMonte, stated, "We are pleased to now offer our current wire and cable customers with new moisture cure options for emerging markets such as low voltage, automotive, and appliance. Additionally, Color Resource’s plant in Leominster, Massachusetts, is very close to the Chroma Color’s facility. This makes the blending of our companies easier on our team members and seamless for our customers.”
“This key acquisition of Color Resource brings other technologies and know-how to Chroma Color, especially for our customers in the wire and cable market," stated Chroma Color CEO, Tom Bolger. "Our entire team is fully prepared and ready to support Color Resource's customers during this time of transition. We are confident that customers will realize immense benefit as a result of Chroma Color’s expanded capabilities to support their needs."
Chroma Color Corporation is a leading specialty color and additive concentrate supplier serving diverse markets, including wire and cable, packaging, healthcare, pharmaceutical, consumer products, and others. Chroma Color's growth strategy includes robust organic and inorganic growth through six acquisitions over three years. Chroma’s extensive technical leadership and manufacturing expertise, coupled with its game-changing colorant has delighted customers for more than 50 years. For additional information, please visit www.chromacolors.com.
Color Resource, LLC:
Color Resource manufactures premium quality color concentrates for the wire and cable, profile extrusion, and injection molding industries. All products are RoHS and REACH compliant. Color Resource offers an in-stock full-range line of Munsell and NEMA colors in PVC, PE, and standard EVA color concentrates exhibiting excellent electrical properties. Color Resource’s moisture cure XLPE compounds meet the needs of the low-voltage, automotive, and appliance wire markets.
For Color Resources, LLC, and Chroma Color Corporation: