Chroma Color Corp., McHenry, Ill., acquired Polymer Concentrates Inc., Clinton, Mass., to grow its manufacturing footprint and its suite of colorant and additive technologies.
Polymer Concentrates develops and manufactures color concentrates for the international plastics industry.
“We were very excited when we saw the opportunity to add Polymer Concentrates Inc. to the Chroma family,” says Tom Bolger, chief executive officer of Chroma Color. “The company has a solid reputation in the marketplace, and its facility is very close to our plant in Leominster, Mass. Chroma Color and Polymer Concentrates have complimentary product lines, but distinctly different customer bases that makes this acquisition very attractive, allowing us to offer a broader suite of products to the customers of both the legacy Chroma and PCI.”
“Polymer Concentrates delivers exceptional color technology for nylon and other engineering resins, and has several exciting new products in the R&D pipeline,” adds Howard DeMonte, president and head of corporate development for Chroma Color. “This coupled with their exceptionally talented workforce has us excited about our future together.”
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