Americhem acquires engineered compounds maker Vi-Chem Corp

Americhem acquires engineered compounds maker Vi-Chem Corp

4:38 AM, 30th March 2016
Americhem acquires engineered compounds maker Vi-Chem Corp

CUYAHOGA FALLS, US: Americhem Group has acquired Vi-Chem Corporation, a supplier of specialty engineered compounds used in injection moulding, extrusion and blow moulding applications. The sale was completed in March and the resulting company will be known as Vi-Chem, an Americhem Group company.

“The Vi-Chem team has built a leadership position in specialty TPE and PVC compounds for the automotive industry. We look forward to providing further resources to expand the business geographically and also into Americhem’s other current vertical markets,” said Rick Juve, CEO, Americhem Group.

Vi-Chem, based in Grand Rapids, Michigan,employs 85 people. In addition to the automotive market, they serve customers in the industrial, building and construction, medical, consumer, and electrical and electronic industries. The company’s headquarters in Grand Rapids encompasses 170,000 square feet and will serve as Americhem Group’s center of excellence for TPE and PVC compound solutions.

“The consolidation of our companies will create a broad portfolio of products for our customers,” said Bryan Kazmer, vice president and general manager, Vi-Chem.

“The addition of Vi-Chem is strategic and further expands our automotive portfolio of products and services. The automotive and transportation industry is already one of the pillars of our business and this move adds capabilities and technological innovations for our business,” said John Deignan, president, Americhem.

Americhem Group’s portfolio includes Americhem colon and additive solutions, Infinity LTL engineered compounds and now Vi-Chem TPE and PVC compounds. The group employs approximately 800 people across ten manufacturing and technical service sites across the Americas, Europe and Asia.

© Worldofchemicals News



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