Rubber compounding news

New owners want more of same from Preferred Compounding

Wingate PartnersWingate Partners was founded in 1987 to purchase controlling equity interests in manufacturing, distribution and service businesses, typically with revenues between $50 million and $250 million. Led by principals with significant consulting and operating experience, Wingate’s strategy is to create value by actively supporting management in substantially improving operating performance. For more information, visit
www.wingatepartners.com.

BARBERTON, OHIO – Preferred Compounding has emerged from the recent recession with expanded capabilities, industry-leading quality, stronger management and customer support resources—and now new owners who want to build on that progress.

In a transaction between private equity firms, Wingate Partners and Preferred’s management have acquired […]

2018-10-17T09:49:09-04:00December 10th, 2010|

Preferred Compounding welcomes the future with stronger services—and a new brand

April, 2010

BARBERTON, OHIO – Four years of improvements have Preferred Compounding charging into 2010 with strong fundamentals and a well-provisioned tool set for meeting the needs of manufacturers that use custom compounded elastomers. The company is signaling this emergence by introducing a new name, logo and branding.

As of April 19, Preferred Rubber Compounding Corporation is Preferred Compounding. Its new logo includes a five-armed blending swirl representing the mix of long-held values the company brings to each customer relationship. These are summed up in the new tagline: “Preferred performs. You achieve.”

“Preferred has always been customer and quality focused,” says Ken Bloom, president and CEO. “Now we can rapidly price, engineer, deliver and support practically any compound and delivery schedule customers request.”

Preferred increased its specialized capacity […]

2018-10-05T17:26:08-04:00April 2nd, 2010|

Preferred Rubber names Kenneth L. Bloom as president and CEO

July 13, 2006

Barberton, OH — Preferred Rubber today announced the appointment of Kenneth L. Bloom as president and CEO. Bloom is a former President of Associated Materials Incorporated (Siding, Windows and Metal Products Division). Timothy Eburne, current CEO and president, moves to Chairman of the company. Eburne is a partner in Watermill Ventures, of which Preferred is a portfolio company.

At AMI, Bloom played a key role in growing AMI sales from $432MM to $1.1 billion in just over four years, through both organic growth and acquisition. Prior to general management positions, Bloom held various positions in sales and manufacturing. His management style emphasizes employee involvement and a strong customer focus.

Bloom obtained a degree in Mechanical Engineering from Tufts University, followed by an MBA from […]

2018-10-05T17:26:54-04:00July 13th, 2006|

Preferred Rubber to Have One Name

Barberton, OH — Starting June 10, 2006, all locations of Preferred Rubber Compounding will be known by the same name. This means that locations of the former Associated Rubber Company, acquired on May 1, will now operate under the Preferred Rubber Compounding name.

This allows us to present just one united face to the marketplace, whether customers or suppliers. The Preferred name stands for a reputation that reflects our business philosophies and our methods of dealing with customers.

Preferred service means responsiveness. Preferred chemists are intended to be an extension of our best customers’ technical departments, with each chemist having assigned accounts. All Preferred sales reps are being equipped with the technology needed to easily keep in touch with customers, along with the support staff and systems […]

2018-10-05T17:29:26-04:00June 1st, 2006|

Preferred Compounding acquires Associated Rubber Compounding

May, 2006

BARBERTON, OH: Preferred Compounding today announced the acquisition of Associated Rubber Company of Tallapoosa, Georgia. The acquisition provides for continuing production at the Associated Rubber Company plants located in Tallapoosa and Fruithurst Alabama and Huntingdon, Tennessee.

“This acquisition is good for both companies,” said Tim Eburne, president of Preferred. “Through the combination, both customer sets benefit from significantly expanded geographic coverage, the expanded range of processing technologies and proprietary products.”

The combined companies now possess an expanded process offering that includes: tangential (both 4-Wing ST and 2-Wing) and intermeshing style internal mixers, tilt-mixers, straining, pelletizing, calendering, slitting, Littleford blending, mixing mills, and off-line blending and stripping. Customers will further benefit from the combined laboratory facilities with small batch mixing capabilities and the additional technical staff […]

2018-10-05T17:31:46-04:00May 10th, 2006|