RTP Company Strengthens Thermoplastic Compounding Offering with Acquisition of Polymer Partners, LLC
WINONA, MINNESOTA –Â RTP Company, a global compounder of custom engineered thermoplastics, has announced the acquisition of Polymer Partners, LLC, a manufacturer of black concentrates and specialty compounds located in Henderson, Kentucky. The organization will be an integral part of RTP Company in the production of custom thermoplastics, with a special focus on black masterbatches and carbon black compounds suitable for wire and cable, pipe, sheet extrusion, film, bags, packaging, compounding, recycling and other applications in the automotive, medical, cosmetic, industrial and electronic industries.
With more than 20 years of experience, the Henderson facility will strengthen RTP Company’s geographic presence and will provide additional production capacity. “The addition of the Henderson, Kentucky plant is yet another great step toward providing customers with the widest selection of compounding solutions,” said Hugh Miller, President and CEO of RTP Company. “We look forward to being able to service the existing customers and the opportunity to provide them with an even broader array of products and services on a worldwide basis from RTP Company.”
Although terms of the agreement were not disclosed, Polymer Partner employees were informed of the purchase and have been welcomed as part of the RTP Company organization. “We are excited to have such a talented and highly capable team in Henderson, Kentucky,” said Miller. “We look forward to providing our customers with great service and innovative solutions to their thermoplastic needs.”
For more information regarding this acquisition, please call +1 507-454-6900 or visit www.rtpcompany.com.
RTP Company, headquartered in Winona, Minnesota USA is a global compounder of custom engineered thermoplastics. The company has 17 manufacturing plants in the United States, Europe, and Asia plus sales representatives throughout the world. Engineers from RTP Company develop customized thermoplastic compounds in over 60 different engineering resin systems for applications requiring color, conductive, elastomeric, flame retardant, high temperature, structural, and wear-resistant properties. For more information, visit www.rtpcompany.com.
Contact: Kris Jommersbach
Gemini Communications
PH: + (1) 610-935-1633
krisj@geminiinc.com
