Industry news

  Meridian Adhesives Group has announced the acquisition of Pacific Adhesive Systems (PAS), a Malaysia-based company serving the electronics, semiconductor, and medical markets with high-performance adhesive and coating solutions. Established in 2004, PAS is an ISO 9001:2008-certified company with operations in Malaysia, Thailand, China, and Hong Kong. The company’s range of products includes adhesives, coatings,…

Optimas Solutions, a global industrial manufacturer/distributor and service provider, announced today the appointment of Daniel Harms to chief operating officer. Harms comes to Optimas from DSC Logistics (now CJ Logistics) where he was senior vice president, operations. He will join the company on April 1, reporting directly to Optimas CEO Marc Strandquist, and will be…

MW Industries, a provider of precision components, announced the acquisition of Duer Carolina Coil, Inc. — a manufacturer of hot and cold wound springs. The acquisition of Duer Carolina Coil closed on March 26, 2021, increasing MW Industries’ existing portfolio of businesses offering engineered spring solutions for the automotive, heavy truck, defense, valve, and agricultural…

Kraton Corporation, a global producer of styrenic block copolymers, specialty polymers, and high-value performance products used in adhesives, has given Marcello Boldrini a new role. Boldrini, currently Kraton’s senior VP and chemical segment president, is taking on the additional duty of chief sustainability officer. In this expanded role, he will assume responsibility for the company’s…

Magnum Venus Products (MVP), a global manufacturer of fluid movement and production solutions for industrial applications in composites and adhesives markets, recently named Tobi Ferguson as president and CEO. As an experienced business leader, Ferguson aims to build on the company’s history of innovation to achieve key financial and growth initiatives by delivering optimum value…

Brighton-Best International (BBI), a master fastener distributor, recently announced a few personnel updates at its company. It has promoted three “outstanding individuals” to take on the new role of managing three prominent buying groups. These include: Dan Jaram, with BBI Cleveland — new Distributor Partnership of America Marketing Group (DPA) Sophia Glaubitz, with Ironclad Performance…

American toolmaker, Stanley Black & Decker, has named Joe Simms as its Chief Diversity Officer. In this role, Simms will champion a broad approach to diversity, equity, and inclusion to accelerate company performance, optimize organizational culture, enhance transparency, and strengthen accountability. Simms will also establish key external partnerships to enhance the company’s ecosystem of diverse…

Goldner Hawn, LP has announced the sale of Applied Products, Inc. (also known as, Applied Adhesives) to Arsenal Capital Partners. The terms of the transaction have not been disclosed. Applied Adhesives is a comprehensive provider of adhesive solutions for the packaging, paper converting, graphic arts, bottle labeling, product assembly, and woodworking industries. The company is a…

Würth Industry North America (WINA) and Northern Safety & Industrial (NSI) have announced the acquisition of Louisville-based ORR Safety — one of the largest privately held safety companies ($125M) in the U.S. Since 1948, ORR Safety has provided personal-protective equipment (PPE) and related safety services to over 2,000 customers, helping to protect hundreds of thousands of…

All Integrated Solutions (AIS), a division of MSC Industrial Supply Co., recently moved into a new distribution center in the Minneapolis-Saint Paul, Minnesota metro area. The new facility covers 52,000 square feet and is 170 percent larger than the company’s previous distribution center in nearby New Brighton. According to the company, the facility features a…