Rubber compounding news

Preferred Compounding relaunches Glo-Mold as GloMoldPlus.

Preferred Compounding relaunches Glo-Mold as GloMoldPlus.

COPLEY, OHIO – Last month Preferred Compounding (“Preferred”) acquired the proprietary mold cleaning products sold under the trade name Glo-Mold as part of its integration of Valley Rubber Mixing. To highlight recent product improvements and its positioning under the Preferred umbrella, the line of mold cleaning products is being reintroduced as GloMoldPlus. Specifically, GloMoldPlus has 4 times the shelf life of prior products, has dramatically reduced odor compared with prior products, and is now backed by the quality, service and reliability of Preferred.

“GloMoldPlus represents a unique opportunity for Preferred to bring an additional value to its rubber molding and extruding customers. Fabrication […]

2019-02-27T10:49:05-04:00February 27th, 2019|

Preferred Compounding acquires Valley Rubber Mixing & Glo-Mold

COPLEY, OHIO – Preferred Compounding (“Preferred”) has acquired Akron, Ohio -based Valley
Rubber Mixing and their proprietary mold cleaning products sold under the trade name Glo-Mold
(“VRM”).

VRM is a custom rubber compounding business with mixing and calendering capabilities.
The assets of VRM will be consolidated into current Preferred sites. Terms were not announced for
the deal, which was effective January 14th.
“Valley Rubber Mixing is a nice bolt on acquisition for Preferred. This acquisition will broaden our
customer base and will add new markets for potential growth. It also adds to our product portfolio
with the addition of Glo-Mold proprietary mold cleaning technology. We feel our commercial
channels will help grow the Glo-Mold business significantly. Preferred will work closely with the
VRM customers to assure a smooth transition.” said Ken Bloom, Preferred […]

2019-02-06T11:31:51-04:00January 22nd, 2019|

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 […]

2019-01-02T23:30:24-04:00September 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.

HPE Compounding HPE 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 enables […]

2018-10-17T10:02:05-04:00January 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 […]

2018-10-05T17:06:37-04:00November 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 […]

2018-10-16T22:13:15-04:00November 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 […]

2018-10-05T17:08:25-04:00September 14th, 2016|

Preferred Compounding promotes one, adds one, retires one

BARBERTON, OHIO – Significant growth during the past half-decade means custom compounder Preferred Compounding will now have two executives managing sales, business development and customer relationships. Preferred is the second largest custom compounder in North America.

Scott Lieberman has been promoted to executive vice president for Preferred Compounding Corporation and president of Preferred Compounding de Mexico and will assume companywide responsibility for all customers with operations in Mexico as well as having P&L responsibility for Preferred’s operations there. Marc Pignataro, who has more than two decades experience in the chemical, metal, polymer and rubber industries, has joined the company as vice president of sales and business development and will manage sales for most of the U.S.

“Scott and Marc are highly capable […]

2019-01-02T23:30:01-04:00May 26th, 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 […]

2018-10-16T23:44:09-04:00February 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 […]

2018-10-05T20:41:54-04:00February 1st, 2016|