CUYAHOGA FALLS, Ohio — January 7, 2013 — Americhem Inc., a global provider of custom color and additive solutions, has announced the formal acquisition of Infinity Compounding, LLC, a supplier of specialty filled and reinforced engineering thermoplastic compounds located in Swedesboro, N.J. The acquisition, mutually beneficial to both companies, was effective as of December 28, 2012.
"Our partnership with Infinity Compounding makes sense on a number of levels," said Rick Juve, CEO of Americhem, of the acquisition. "We're both about providing highly reliable, technology-based solutions for our customers. This move broadens the technology base, opens new markets and expands geographical reach for both organizations, which we believe will be of additional benefit to our customers."
Infinity Compounding specializes in highly engineered thermoplastic compounds, serving a variety of industries including medical, electrical/electronics, business machines, the disk drive industry, consumer products, industrial and aerospace/military. Infinity Compounding will be an Americhem Group Company and continue to operate independently at the direction of its existing management team from its headquarters in New Jersey.
"As part of Americhem, Infinity Compounding will be able to offer new products and technologies to our customers including best-in-class color capabilities," said Carlos Carreno, president of Infinity Compounding. "We are also excited about Americhem's global manufacturing and marketing reach, in particular China, which is already a growing market for Infinity. We look forward to building upon our business model which emphasizes technology, quality and unrivaled customer service."
Tim Carroll, vice president of sales and marketing for Infinity added, "Through our affiliation with Americhem, Infinity Compounding will have access to new technical capabilities, particularly in color technology, along with global marketing and manufacturing sites, strengthening our ability to provide high-performance compounds to our customers. Likewise, Americhem sees the acquisition as an opportunity to further its capabilities offered to existing and future customers across the various industries it serves."