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So far Jerry Pignolet has created 37 blog entries.

Preferred Compounding acquires Kleen Polymers

COPLEY, OHIO – Preferred Compounding has acquired Wadsworth, Ohio -based Kleen Polymers, a custom rubber compounder specializing in non-black elastomeric compounds. The acquisition of Kleen expands Preferred’s mixing capability in ultra-clean color, high-performance compounds. Terms were not announced for the deal, which is effective September 25, 2017.

Kleen has significant expertise in color compounding of high-performance elastomers. The Kleen compounding business will be integrated into Preferred’s North American operations and the plant will operate as Preferred Compounding – Kleen Polymers. Rick Marefka, principal at Kleen Polymers, will remain with the company and join the Preferred management team.

“Kleen is a high-value-added company that shares our commitment to consistent quality, technical excellence and high levels of customer service,” said Ken Bloom, Preferred president and CEO. “This acquisition is a […]

2017-09-25T17:55:19+00:00 September 25th, 2017|

Preferred to add high performance elastomer compounding in Mexico

SAN LUIS POTOSI, MEXICO – To meet demand for FKM, HNBR, ECO and other high performance elastomer (HPE) compounds, Preferred Compounding de Mexico will bring online by summer a 75-liter tilt mixer, the first of its kind in Mexico dedicated to specialty elastomers.

The new Kneader Machinery KD75-250 tangential tilt mixer will be installed in the 57,000 square-foot building the company leased Jan. 1 adjacent to its main facility in San Luis Potosi. The mixer will be also used for color compounds.

High performance elastomer compounding at Preferred Compounding

“We have demand for compounds for high heat and harsh chemical environments,” said Scott Lieberman, president of Preferred Compounding de Mexico and executive vice president of Preferred Compounding Corporation. “The new system […]

2017-09-14T17:01:43+00:00 January 30th, 2017|

Preferred Compounding acquires Trostel Ltd.

Trostel Compounding Whitewater Wisconsin | Preferred Compounding CorporationBARBERTON, OHIO – Preferred Compounding (Preferred) has acquired Wisconsin-based Trostel Ltd. (Trostel). Trostel is comprised of two divisions, the custom rubber compounding business Trostel Compounding and the value-added specialty molding business Trostel Molding. The acquisition of Trostel expands Preferred’s mixing capacity, geographic reach and high-performance compounding capabilities. Terms were not announced for the deal, which is effective December 1.

Trostel has significant expertise in compounding and molding FKM, HNBR and other high-performance elastomers. The Trostel Compounding business in Wisconsin will be integrated into Preferred’s North American operations and the plant will operate as Preferred Compounding – Whitewater. Trostel Molding will retain the Trostel brand-name and continue its current operations as a […]

2016-12-05T04:14:10+00:00 November 30th, 2016|

Preferred Compounding adds 70 percent more space in Mexico

Preferred Compounding de Mexico new rubber compounding warehouse and production facility

SAN LUIS POTOSI, MEXICO –Preferred Compounding’s mixing operation in central Mexico is increasing production and warehousing space by more than 70 percent to 137,000 square feet. The custom compounder with four North American locations has signed a ten-year lease effective Jan. 1 on a building immediately adjacent to its San Luis Potosi facility.

Last year Preferred Compounding de Mexico added 15,000 square feet of inventory and office space and brought online a second Farrel F270 black mixer.

“We continue to grow and will need more room to stay ahead of demand,” said Scott Lieberman, general manager for Preferred Compounding de Mexico and vice president of strategic initiatives […]

2017-09-14T15:32:43+00:00 November 3rd, 2016|

Growth requires Preferred Compounding to plan separate headquarters

BARBERTON, OHIO – After more than three decades in the same location, continuing growth means Preferred Compounding’s Barberton facility can no longer accommodate headquarters staff and local mixing operations and technical staff.

The company has signed a lease for a floor of office space 15 minutes away in Copley and plans to move management, commercial, and finance staff there by the end of the year.

“We’ve grown into the second largest custom rubber compounder in North America with compounding operations in Ohio, Georgia, Tennessee and Mexico,” said Ken Bloom, president and CEO. “In addition, as the leading value-added compounder, we’ve significantly increased our technical, quality and production staff at each location over the past decade to support our customers. We are simply out of room in Barberton.”

Moving headquarters staff to […]

2016-09-14T14:23:07+00:00 September 14th, 2016|

Preferred Compounding Doubles Rubber Mixing Capacity in Tennessee

BARBERTON, OHIO – Preferred Compounding has doubled capacity at its plant in Huntingdon, Tennessee, to meet increased demand for its high-quality custom compounds. This is the third major plant expansion in three years for the company, which is now the second largest custom compounder in North America.

A Farrel F-270 Tangential variable speed mixer began operation in Huntingdon February 1st, the second F-270 at the plant. A new inline gear pump strainer will come online early in the second quarter.

“The expansion in Tennessee helps us meet current demand and prepare for our next level of domestic growth as well as provide on-site redundant capacity for black compounds,” said Ken Bloom, president and CEO. “We’ve been highly utilized on existing equipment in Huntingdon so this new mixer […]

2017-09-14T16:59:58+00:00 February 12th, 2016|

Growth spurs Preferred Compounding sale to Audax Private Equity

Audax Group logoBARBERTON, OHIO – Boston-based Audax Private Equity has partnered with company management to acquire Preferred Compounding from Dallas private equity firm Wingate Partners, Preferred announced today. The Cleveland office of KeyBanc Capital Markets served as financial advisor to Preferred. Terms of the deal were not disclosed.

Preferred has grown into the second largest custom rubber compounder in North America since being acquired in December 2010 by Wingate and company managers. In addition to significantly outpacing the industry in the U.S., Preferred has acquired and twice expanded a mixing operation in Central Mexico.

“Wingate has been a tremendous partner for Preferred Compounding,” said Ken Bloom, CEO and president of Preferred. “They assisted us in developing and implementing […]

2016-12-05T04:14:11+00:00 February 1st, 2016|

Barberton rubber compound research and development laboratory earns ISO/IEC 17025 accreditation

Barberton rubber compound research and development laboratory earns ISO/IEC 17025 accreditation

BARBERTON, OHIO – Preferred Compounding’s newly expanded compound research and development laboratory in Barberton, Ohio, has been certified by the ANSI-ASQ National Accreditation Board (ANAB) as meeting the stringent and difficult to attain ISO/IEC 17025:2005 international standard for testing laboratories.

Rubber compound development lab ISO 17025 Click image to see complete ISO 17025 certificate PDF

Earning the accreditation boosts Preferred’s ability to offer the fastest turnaround times in the industry for developing and enhancing compounds, company managers say. Preferred is the second largest custom compounder in North America with operations in Ohio, Tennessee, Georgia and Mexico.

“We invest in R&D and quality and streamline processes […]

2016-12-05T04:14:11+00:00 December 1st, 2015|

Preferred Compounding de Mexico grows, brings mixer online, adding 15,000 square feet

SAN LUIS POTOSI, MEXICO –Custom compounder Preferred Compounding de Mexico is continuing to invest in equipment, people and space to stay ahead of strong demand at its facility in San Luis Potosi. The company has brought online a second Farrel F-270 black mixer and in-line gear pump strainer, begun construction on 15.000 square feet of inventory and office space and is hiring salaried and hourly employees.

Scott Lieberman, general manager for Preferred Compounding de Mexico and vice president of strategic initiatives for Preferred Compounding, said total employment in Mexico will be nearly 100 people by the beginning of winter.

“We expected robust growth for this operation and are continuing to invest to stay ahead of it,” he said. “We’re now approaching the same capacity and employment range […]

2016-03-27T10:51:04+00:00 August 24th, 2015|

Being nimble helps Preferred grow, Rubber and Plastics News reports

Performing like a small company has helped Preferred Compounding grow into the second largest custom rubber compounding in North America, says CEO and President Ken Bloom in an article published in June in Rubber and Plastics News.

“We’re nimble,” said Bloom. “There’s not a lot of bureaucracy here, so we respond and move very quickly. Yes, we’re a lot bigger than we were, but we’re fast … so I see us as a small company.”

In the article, he credits high quality materials, technology focus, broad range of capabilities, multiple plants in the U.S. and Mexico, relationship focus, and proactive reliable service for making Preferred into one of the top compounders anywhere.

Read the complete article here.

2016-03-27T00:34:34+00:00 June 24th, 2015|