December 1, 2021
JOHNS CREEK, Ga.—Pexco LLC, a North American specialty plastics extruder, reported that it acquired Performance Elastomers Corporation (PEC), a custom provider of rubber, silicone, and thermoplastic elastomer products.
Performance Elastomers specializes in manufacturing dense and sponge elastomer products, including rubber-based and thermoplastic elastomers (TPEs), used in recreational vehicle, automotive aftermarket, marine, and heavy equipment applications. The company is based in Ravenna, Ohio, near Akron.
After beginning in 1992 with a single extruder in a 10,000-square-foot building, PEC now operates 15 extruders in facilities spanning more than 100,000 square feet. The company provides a wide array of secondary and fabrication services, as well as in-house tool and die capabilities.
“We are delighted to welcome Performance Elastomers to the Pexco family of companies,” said Pexco CEO Sam Patel, in a release. “Performance Elastomers’ competencies provide an excellent fit with Pexco’s long-term commitment to strategic growth through the delivery of superior product and process innovation.”
Patel went on to say that through the acquisition, Pexco looks forward to expanding the silicone and thermoplastic elastomer products and broadening its capabilities to include other high performance polymers. The company has set its sights on delivering “even greater value” to its customers in the mobility, recreational vehicle, and truck aftermarkets, and expanding into applications “within other industries where these types of specialized products are required,” he said.
“We are extremely pleased to join forces with Pexco LLC, whose scale, reputation, and expertise will now provide an even broader array of services and solutions to our customers,” said PEC owners Art Bowen and Dave Spears, in the release. “Our new alliance will only reinforce our deep commitment to quality, service, and the ongoing development of unique product applications across the many market segments we currently serve.”
Pexco designs and fabricates custom extruded and injection molded plastics products. The company provides standard and specialty parts and components to manufacturers and end-users for a broad range of custom applications, including in the specialty industrial, fluid-handling, lighting, traffic safety, fence, and electrical insulation markets. Based in Atlanta, Pexco has multiple plants across the United States and Mexico.
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