Americhem, Inc Acquires Color and Additive Technologies, Inc
January 25 , 2006
Americhem, Inc., a leader in the production of custom color, single pigment, and additive masterbatches for the plastics industry, announced that it has completed the acquisition of Color and Additive Technologies, Inc. (C.A.T.) of Dalton, Georgia. The purchase, which was completed in early December, includes all of the assets currently held by C.A.T.
"This acquisition reinforces our commitment to provide superior technology, innovation, and value to our fibers and films customers," said Rick Juve, President & CEO of Americhem, "We have been focused on the fibers market for over 20 years and the acquisition will compliment and enhance our existing capabilities for our customers."
"Americhem has been viewed as the technology solutions and quality leader in the fibers business for many years," said Russ Neuman, President of C.A.T. "Combining the technology, manufacturing capability, and global reach of Americhem with C.A.T.'s innovation and experiences in the Dalton market will be very positive for our customers."
C.A.T. operates a modern 90,000 square foot Dalton facility that focuses on the production of color and additive products and technological solutions for fibers, film, and nonwoven applications.
As one of the world's largest privately owned masterbatch producers, Americhem operates eight manufacturing plants worldwide in addition to corporate research and development facilities and world headquarters in Cuyahoga Falls, Ohio. The company also maintains representative sales offices across Europe, Asia, and North America.
