chromacolorstg – Page 6 – Chroma Color Corporation

Chroma Color Corporation Acquires Plastics Color Corporation

chromacolorstg on January 31, 2020

McHenry, IL: January 31, 2020- Chroma Color Corporation continues to grow its manufacturing footprint along with its portfolio of colorant and additive technologies with its recent acquisition of Plastics Color Corporation, including its two facilities in Asheboro, North Carolina and Calumet City, Illinois. Terms of the transaction were not disclosed.

For more than 50 years, Plastics Color Corporation has consistently delivered innovations in color concentrates, functional additives and custom polymer masterbatch. Plastics Color has held multiple certifications and accreditations that meet or exceed government standards and regulations, including Drug Master Files (DMFs). DMFs streamline the FDA compliance process for colors, additives and concentrates intended for medical and pharmaceutical applications that enable brand owners to get their products to market faster.

Tom Bolger, CEO of Chroma Color, noted, “PCC has a strong base of customers and is known for solution-based products and strong service, both being pillars of Chroma’s offerings. Their presence in medical and pharmaceutical products, food packaging, CPG, and construction applications will bring more technologies and know-how to Chroma to allow us to better serve our customers and continue our growth.”

Chroma President, Howard DeMonte, said, “We are pleased Plastics Color has joined Chroma. This acquisition further supports our strategy of pursuing sustainable, organic growth by deploying Chroma’s proven patented colorant technologies into new markets such as is the case with this investment.”

About Chroma Color Corporation

Chroma Color Corporation is a leading specialty color and additive concentrate supplier serving the global plastics marketplace. Chroma’s extensive technical and manufacturing expertise coupled with its game-changing colorant technologies have enabled and delighted customers for over 50 years in diverse markets that include packaging, wire and cable, building & construction, consumer, medical, healthcare, lawn & garden, durables, sanitation, recreation and leisure, transportation and more.

Chroma Color Corporation Sales & Service Support Now Available For Latin America (LATM) Region

chromacolorstg on December 3, 2019

McHenry, IL: Due to the rapid growth of Chroma Color Corporation’s business in Latin America, Chroma’s executive team is investing in a higher level of regional support having selected the services of long-time industry executive, Juan Rodriquez.

Juan, based in Monterrey, Mexico, has worked in the plastics industry in both the US and Mexico over the past 17 years. In his prior sales and technical positions with PolyOne and Uniform Color Company, he developed a deep knowledge of plastics processing and has considerable experience serving the auto/heavy truck, packaging, consumer products and healthcare industries.

If you are in Latin America and desire local support for your color concentrate projects, please contact us through our form found on our website and we will ensure Juan reaches out to as soon as possible.

About Chroma Color Corporation

Chroma Color Corporation is a leading specialty color and additive concentrate supplier of the highest quality and the shortest lead times in the plastics marketplace. The business exceeds $160 million in sales due to solid organic growth and targeted acquisitions. Chroma’s extensive technical leadership and manufacturing expertise coupled with its game-changing colorant technologies have surprised and delighted customers for over 50 years in markets such as: packaging, wire and cable, building & construction, consumer products, medical, healthcare, lawn & garden, durables, sanitation, recreation & leisure, transportation and more.

Chroma Color Corporation Welcomes Cass Birchbauer As Its New Chief Human Resource Officer

chromacolorstg on October 18, 2019

McHenry, IL: Chroma Color Corporation announces the appointment of Cass Birchbauer to the role of Chief Human Resource Officer. She reports directly to CEO Tom Bolger, Chroma Color Corporation.

“With the expansion of our organization, adding human capital senior leadership with in-depth expertise in acquisitions and leading-edge HR practices is essential to our continuing growth plans,” stated Tom Bolger, CEO, Chroma Color Corporation.

“In her previous role as the chief human resources officer for Spartech, LLC—another Arsenal Capital Partner owned company— Cass led the HR function through transformational change which resulted in the recent sale of the Spartech business”

Prior to Spartech, LLC, Birchbauer worked in various HR leadership roles for PolyOne Corporation. She was employed at General Electric as a retained consultant for 10 years. Cass earned her doctorate in social work from Case Western Reserve University in Cleveland, Ohio.

About Chroma Color Corporation

Chroma Color Corporation is a leading specialty color and additive concentrate supplier of the highest quality and the shortest lead times in the plastics marketplace. The business exceeds $160 million in sales due to solid organic growth and targeted acquisitions. Chroma’s extensive technical leadership and manufacturing expertise coupled with its game-changing colorant technologies have surprised and delighted customers for over 50 years in markets such as: packaging, wire and cable, building & construction, consumer products, medical, healthcare, lawn & garden, durables, sanitation, recreation & leisure, transportation and more.

Chroma Color Corporation announces completion of a $1 million + capital investment in Leominster, MA manufacturing site & consolidation of the Clinton, MA facility

chromacolorstg on October 9, 2019

McHenry, IL: Chroma Color Corporation has just completed a yearlong expansion and over a $1 million investment in the Leominster, MA manufacturing operation. These investments included: significant structural upgrades, new compounding lines, a dust collection system, new state of the art color development laboratory, along with improvements to both warehousing and office environments.

Tom Bolger, CEO, Chroma Color Corporation stated, “As we continue to strengthen our position in the color concentrate marketplace, we determined manufacturing site upgrades would be necessary to serve our customers growing need for technically strong partners. Today, I am proud to say Chroma Leominster has become one of our flagship sites for our customers and a true manufacturing center of excellence.”

Because of the new investments and capacity expansion in Leominster, Chroma Color Corporation is pursuing opportunities to better serve our customers across the entire manufacturing footprint. Earlier today, representatives of Chroma Color Corporation met with employees at the Clinton, MA facility to inform them that the Clinton operations will be relocating to the improved Leominster manufacturing site.

A majority of current Clinton employees will be given the opportunity to continue their careers with Chroma. The Leominster facility is just 10 miles from the Clinton site. Transition assistance will be made available for those few employees not offered a transfer.

“This move is intended to streamline operations and better serve customers by integrating key operations into existing manufacturing facilities where we have more advanced lab and technical equipment leveraging robust analytical and formulation resources. The value we can bring to our customers will be strengthened by these improved efficiencies and capabilities,” said Tom Bolger, CEO, Chroma Color Corporation.

“Because key personnel, equipment, and historical knowledge will be transferring to Leominster operations, we anticipate a seamless transition for current customers served out of Clinton. Detailed transition plans are in place and expected to be completed by year-end,” continued Tom Bolger.

Questions should be directed to Cass Birchbauer, Chief Human Resource Officer, Chroma Color Corporation at 330.421.8778.

About Chroma Color Corporation

Chroma Color Introduces New CHROMARK® Laser Marking Additives and Concentrates

chromacolorstg on September 30, 2019

McHenry, IL: Chroma Color Corporation announces the launch of CHROMARK® laser marking additives and concentrates to mark plastics extremely fast, contactless, cleanly, precisely, at a low cost and permanent compared to pad printing or adhesive labels.

Laser marking

Depending on the type of additive used, the desired mark, and the color concentrate used, different marking Mark types may be considered. Foaming, engraving, ablation, carbonization, and bleaching are the primary mark types for plastics. For marks that don’t involve material removal, LASER marking additives can produce light marks on dark colored parts, and dark marks on light colored parts primarily by the foaming and carbonization mechanisms. Though many concentrates are inherently mark-able, additives improve the marking depth, contrast, and durability. Careful selection of pigments, stabilizers, and resins can also improve the mark performance.

The team at Chroma Color Corporation can help you select the right CHROMARK® colorant and additive package to ensure you obtain the ideal laser mark for your product at an economical cost-to-color. With the in-house NIR Laser, the team can optimize the marking behavior and laser settings for a variety of resins including ABS, PE, PP, LDPE, HDPE, Co- Polyester, PBT, Polysulfone, GPPS, HDPE, Nylon, Acrylic, PVC, Polyacetal, and Polycarbonate. In addition, Chroma’s patented G3® technology can also provide highly loaded concentrates with laser marking additives.

About Chroma Color Corporation

Chroma Color Corporation Announces the Appointment of L.J. Baillargeon to Chief Financial Officer

chromacolorstg on June 19, 2019

McHenry, IL: Chroma Color Corporation, a leading specialty color and additive concentrate supplier, is pleased to announce that Gerald (L.J.) Baillargeon, has joined the Chroma Color executive team as chief financial officer.

“Having L.J. join us with his record of strong and decisive executive leadership in organizations ranging from $50 million to $1 billion is a definite asset as we move forward with aggressive growth plans for 2019 into 2020. With his broad financial expertise and proven leadership, I am confident L.J. is the right leader who will help propel us in our next phase of growth,” stated Tom Bolger, CEO Chroma Color Corporation.

Baillargeon will report to Bolger, lead the company’s finance and IT functions and work with the executive leadership team to drive and integrate the growth strategy.

Most recently, Baillargeon held the position of chief financial officer at Elite Comfort Solutions where he assisted in the facilitation of the platform acquisitions, driving significant growth and coordinating the successful exit. He also served as the chief financial officer at Solvaira Specialties and Diversified Global Graphics Group (DG3) where he performed similar duties of those at Elite. Earlier in his career, he held key financial positions at Automatic Data Processing and Ernst & Young.

About Chroma Color Corporation

Chroma Color Corporation Acquires Polymer Concentrates Inc.

chromacolorstg on February 12, 2019

McHenry, IL: February 12, 2019- 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.”

About Chroma Color Corporation

Chroma Color Corporation is a leading specialty color and additive concentrate supplier of the highest quality and the shortest lead times in the plastics marketplace. The business exceeds $160 million in sales due to solid organic growth and targeted acquisitions. Chroma’s extensive technical and manufacturing expertise coupled with its game-changing colorant technologies have surprised and delighted customers for over 50 years in markets such as: packaging, wire and cable, building & construction, consumer, medical, healthcare, lawn & garden, durables, sanitation, recreation and leisure, transportation and more.

Chroma Color Corporation’s Salisbury Location to Participate in New Rowan-Cabarrus Community College Apprenticeship Program

chromacolorstg on January 7, 2019

Rowan-Cabarrus Community College recently announced a $200,000 investment from Duke Energy and Piedmont Natural Gas to support the college’s new Multicraft Maintenance Technician Apprenticeship program. The funds will be used to connect students with hands-on training and career development opportunities.

The program will offer apprenticeship instructions on electrical, mechanical, machining, programmable logic controls (PLC’s), welding, fabrication, and HVAC instruction. Apprentices completing this program will be multicraft certified and equipped to handle a variety of maintenance issues.

The grant will generously fund all tuition, book, and material costs for each apprentice over the next four years. In addition, the grant allocates money to purchase new equipment and related supplies that will be housed in the college’s new Advanced Manufacturing Training Center in Kannapolis, North Carolina, which is slated to open at the end of 2019.

“We started this program because companies need more multicraft maintenance technicians who have a mastery of all required job duties, but most of our local companies do not have the critical mass to run an apprenticeship program,” Kerry Motley, apprenticeship director and account manager in business services at Rowan-Cabarrus, said. “By the college taking on the administrative functions, this allows companies to join a collective of manufacturing companies to ensure that their apprentices get the training they need when they need it.”

“This partnership with Rowan-Cabarrus will fill an ever-growing demand for skilled workers at Chroma Color Corporation as we continue to grow. We are excited about this program because Rowan-Cabarrus will host and register the apprenticeship program as well as provide all related classroom instruction and overseeing the on-the-job-training for enrolled apprentices. This kind of training solution reduces the internal staff support we would have needed to provide an apprentice if we tried to do this on our own. From our point of view, the choice to participate in this kind of program was easy to make,” stated Matt Barr, vice chairman of Chroma Color Corporation. “It is also really great to see companies such as Duke Energy and Piedmont Natural Gas invest in our local community. ”

“The expansion of apprenticeship programs across the United States is preparing workers for the rapidly changing economy and filling existing and new jobs in the future,” David King, lead account manager in business services at Rowan-Cabarrus, said. Employees will participate in theoretical instruction and 2,000 hours of on-the-job training each year for four years simultaneously.

For more information:

https://www.rccc.edu/

Breen, Chroma, Carolina, and Hudson Color Companies To Form New Entity: Chroma Color Corporation

chromacolorstg on August 26, 2018

McHenry, IL: Breen, Chroma, Carolina, and Hudson Color are combining the exceptional talent, technical capabilities, manufacturing capacity and geographic footprint into one business entity—Chroma Color Corporation.

The four companies will start operating as a single entity with sound business values and an unyielding commitment to provide the plastic marketplace with high-quality products and services. The new business platform is designed to support continued growth and customer expansion in a dynamic marketplace.

Chroma Color Corporation produces color concentrates of the highest quality and the shortest lead times in the industry. The extensive product lines of colorants and additives have performed exceptionally well for customers for over 40 years in markets such as: wire & cable, packaging, building & construction, consumer, medical, healthcare, lawn & garden, durables, sanitation, recreation & leisure, transportation and more.

“Our entire team is committed to taking our valued commercial partnerships to greater heights as we expand our substantial capabilities with the singular goal of enhancing our customers’ competitive positions,” stated Tom Bolger, Chief Executive Officer, Chroma Color Corporation.

Chroma Color Corporation Chairman, George Abd commented: “This is an exciting time for the company as it grows organically, leveraging its patented products, expert technological resources and considerable manufacturing capacity and through future strategic acquisitions. We look forward to great success for Chroma Color Corporation.”

To learn more, visit Chroma Color Corporation’s new website. It includes a comprehensive overview of the company’s technical and manufacturing capabilities, products, services and more. https://chromacolors.com

About Chroma Color Corporation

Chroma Color Corporation is a leading specialty color and additive concentrate supplier in the plastics marketplace. The business, with sales of greater than $150 million, currently has extensive technical and manufacturing color masterbatch capabilities throughout the United States. Arsenal Capital Partners has been strategic investor in the company since late 2017.

Carolina Color Acquires Chroma Corporation

chromacolorstg on July 9, 2018

July 9, 2018. (Salisbury, North Carolina). Carolina Color Corporation (“Carolina Color”) announced today it has acquired Chroma Corporation, based in McHenry, Illinois. Chroma Corporation (“Chroma”) is a leading specialty color and additive concentrate business serving packaging, electronics, and many other markets. With this acquisition, Carolina Color continues to grow its manufacturing footprint throughout the U.S. to leverage its growing suite of colorant and additive technologies to better serve existing and prospective customers. Terms of the transaction were not disclosed.

“We are pleased to see Chroma, with its solid reputation in the Midwest, join our incredibly strong color businesses, Carolina Color, Breen, and Hudson, which were combined last year into Carolina Color,” stated George Abd, Chair of the Board of the company. “By combining these businesses that bring great product technology and reputations in the industry, we continue to execute our strategy of building the finest colorant company serving our markets. We are especially pleased to add the Chroma facility and team in McHenry, IL to our company as a strong base from which to grow and better serve our Midwest customer base.”

“We will continue to acquire key businesses with the capabilities and resources in locations that complement our current portfolio with the singular goal of meeting the colorant needs of both large and small plastic converters,” added Howard DeMonte, President of Carolina Color.

Chroma has provided total color solutions from its corporate headquarters in McHenry, Illinois, for more than 50 years. Chroma produces custom formulated masterbatch colors, dry colors, additive concentrates, and pre-color compounds for the packaging, electronic, safety, automotive, recreational, medical, and consumer products industries.

“We are exceedingly pleased to become part of this exceptional business,” added Chroma CEO Tom Bolger. “We were not considering a sale when approached, but we quickly warmed to the idea after meeting the team, hearing the vision, and reviewing Carolina Color’s considerable progress. Additionally, I worked with several of the key executives at Carolina Color earlier in my career and know them to be very talented, high-caliber people. I could not be more excited to remain with the company and I look forward to working with the entire Carolina Color team as we move the company forward together.”

About Carolina Color Corporation

Carolina Color Corporation is composed of four leading specialty color and additive concentrate supplier brands in the plastics marketplace. The brands include: Breen, Chroma, Hudson, and Carolina Color. This combined business, with sales of greater than $150 million, currently has an extensive manufacturing footprint throughout the U.S. Carolina Color was acquired by Arsenal Capital Partners in late 2017.

About Arsenal Capital Partners

Established in 2000, Arsenal is a leading private equity firm that specializes in investments in middle-market specialty industrials and healthcare business services companies. Since inception, Arsenal has raised institutional equity investment funds of approximately $3 billion. Arsenal invests in industry sectors in which the firm has significant prior knowledge and experience and seeks companies typically in the range of $100 – $500 million of initial enterprise value. The firm works with management teams to build strategically important companies with leading market positions, high growth, and high value-add. For more information, please visit www.arsenalcapital.com

CALL NOW : 815-385-8100

McHenry, IL: Chroma Color Corporation announces the appointment of Cass Birchbauer to the role of Chief Human Resource Officer. She reports directly to CEO Tom Bolger, Chroma Color Corporation.

“With the expansion of our organization, adding human capital senior leadership with in-depth expertise in acquisitions and leading-edge HR practices is essential to our continuing growth plans,” stated Tom Bolger, CEO, Chroma Color Corporation.

“In her previous role as the chief human resources officer for Spartech, LLC—another Arsenal Capital Partner owned company— Cass led the HR function through transformational change which resulted in the recent sale of the Spartech business”

Prior to Spartech, LLC, Birchbauer worked in various HR leadership roles for PolyOne Corporation. She was employed at General Electric as a retained consultant for 10 years. Cass earned her doctorate in social work from Case Western Reserve University in Cleveland, Ohio.

About Chroma Color Corporation