NEW YORK—Polycorp, a portfolio company of Arsenal Capital Partners, manufactures engineered elastomer components and systems for critical applications and demanding environments. The company delivers these components and systems to customers in the aerospace, defense, mineral processing, protective linings, energy, and rail industries.
In January, Polycorp reported that it strengthened its offerings for the rail industry by acquiring Iron Horse Engineering Company, a pioneer in rail boot and embedded track technologies. Iron Horse Engineering Company, founded in 1987, is described as a trusted innovator in the rail industry and inventor of the original rail boot.
Known for its leadership in embedded track applications, Iron Horse combines field-proven products with in-house engineering ability to deliver cost-effective, durable rail products that reduce total project lifecycle costs, Polycorp said in a release announcing the acquisition.
The transaction is reported to bring together two highly respected, innovation-driven organizations with complementary technologies, expanded geographic reach, and comprehensive rail product portfolios. This strategic combination enhances value for rail clients by broadening product offerings, extending customer reach and support, and deepening service and engineering resources, including robust project design and support, according to Polycorp.
Together, Polycorp and Iron Horse Engineering are said to be “uniquely positioned to deliver stronger, more integrated solutions to the rail industry worldwide.”
“This acquisition marks an important milestone for Polycorp,” said Andrew Thompson, CEO of Polycorp, in a statement. “By bringing together our technologies, product portfolios, and customer partnerships, we are strengthening our commitment to the rail industry and advancing our shared legacy of innovation across both light and heavy rail applications.”
Polycorp stated in the release that it is fully committed to ensuring a seamless transition for customers, project partners, and employees. “All existing operations and service agreements will continue without interruption, and clients will receive the same high level of support and service they expect, further reinforced by the enhanced capabilities of both organizations,” the company said.
“This new chapter represents a significant opportunity for our team and our rail clients,” said Tracie Roberts, CEO of Iron Horse Engineering, in a statement. “We are proud to join Polycorp and look forward to delivering even greater value through our combined capabilities.”