02/04/2015

www.gupta-verlag.de/thermoplastic-elastomers

RTP Company acquires Alloy Polymers' three production facilities

The three plants, located in Richmond, Virginia, Crockett, Texas and Orange, Texas, will be merged with the previous RTP Company acquisition of Alloy Polymers' Gahanna, Ohio plant. Cary Street Partners LLC represented Alloy Polymers in both transactions. The group will be run as Alloy Polymers, Inc., a wholly owned subsidiary of RTP Company, and will be headquartered in Richmond, Virginia. Long time RTP Company executive Peter Ploumidis has been tapped to lead Alloy Polymers as President of the organization. Alloy Polymers will continue to provide high-volume compounding production services for contract manufacturers, and RTP Company will continue developing custom engineered thermoplastic compounds for molders and OEMs. Between the two, customers will benefit from a full spectrum of products and services designed to fit their specific needs, according to RTP Company. "The addition of the Alloy Polymers' facilities demonstrates RTP Company's commitment to provide customers with the widest selection of compounding solutions,” said Hugh Miller, President and CEO of RTP Company.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.

www.gupta-verlag.de/thermoplastic-elastomers