Additive masterbatches manufacturers Americhem expanding Chinese factories

Ohio Cuyahoga Falls - color and additive masterbatches manufacturer American Americhem company ushered in a new president , new products in 2014 , and plans to double the size of China's factories .

John Deignan new president , 46 years old , he was in an interview on March 4 , said: " I'm learning the complexities of the plastics industry until I came here , I fully understand the broad plastics industry , and a number of markets and . industry closely . "Sellotape

He said that after 2013 " a good year " , Americhem for 2014 remains " cautiously optimistic" , and " business growth into a huge concern ."

"Weather in 2014 since some bad, but the vertical markets we serve increased, " he added . "We have several different regions tremendous growth opportunities , including conducting a significant investment in Suzhou For our development outside the United States , the sky is the limit ."

Americhem in Suzhou will add 40,000 square feet of factory space , double the current size , and install a new high-capacity twin-screw extrusion lines. The expansion will provide more space , the need to meet future growth in production lines , Cathy Hanlin said vice president of operations and development . The project will be completed at the end of 2014 and represents an investment of approximately $ 5,000,000 .

Americhem see the Chinese market in a number of terminal growth industries , including construction , fiber and cars. "We are ready to do a successful major markets ," Hanlin said.Washi tape
 
Americhem in late 2012 acquisition of engineering plastics compounder Infinity Compounding LLC, this is the first time since the 2005 acquisition of the company. Deignan said the company is looking for more acquisition targets .

"We are actively seeking acquisitions in the United States or internationally , as part of our growth strategy , " he explained . " It comes down to opportunity and timing , we were able to do, and we want to target internal or geographical understanding ."Masking tape
 
"Our customers want us to do more ," Deignan added, " the size and geographic expansion is very important ."

"My desire is to put a great business from today to the future growth ."

It is estimated that privately held companies with annual sales of over 250 million U.S. dollars is expected , the 30 largest manufacturer of composite and concentrate in North America .Wholesale masking tape