transferrable to other products, such as pinned joints
for bicycle rims. These joints used to be individually
turned in a time-consuming process. Now a new
machine developed by Amba produces up to 100
joints per minute by cold forming. Amba is currently
planning a project intended to replace a three-digit
number of automatic turning machines and the
associated bar loaders with three Amba machines.
.
www.amba.de
Chroma Color Corporation
Acquires Polymer Concentrates Inc.
Chroma Color Corporation announces today it has acquired
Polymer Concentrates Inc., based in Clinton, MA. With this
latest acquisition, Chroma Color continues to grow its
manufacturing footprint along with its suite of colorant and
additive technologies to better serve existing and prospective
customers. Terms of the transaction were not disclosed.
Polymer Concentrates Inc., a privately-held
company, develops and manufactures color
concentrates for the international plastics
industry. Over the past five decades, Polymer
Concentrates Inc. has forged deep relationships
with a wide range of customers in the
automotive, communication technology, wire-
cable, housewares, netting, packaging, and
other specialty industries.
“We were very excited when we saw the opportunity
to add Polymer Concentrates Inc. to the Chroma
family,” stated Tom Bolger, CEO, Chroma Color
Corporation. “The company has a solid reputation in
the marketplace and its’ facility is very close to our
plant in Leominster, MA. 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.”
Howard DeMonte, Chroma President and head
of Corporate Development states: “Polymer
Concentrates delivers exceptional color technology
for nylon and other engineering resins and has
several exciting new products in the R&D pipeline.
This coupled with their exceptionally talented work
force has us excited about our future together.”
“We are pleased Polymer Concentrates Inc. has
agreed to join Chroma. This acquisition continues
the company’s strategy of growth both through
innovation and acquisition of great customer and
technology focused businesses.”
.
https://chromacolors.com
WIRE NEWS March 2019
9