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RAMPF expands in NAFTA markets via new acquisition

Source:Ringier Plastics Release Date:2016-07-04 102
Plastics & Rubber
RAMPF acquires US company Innovative Polymers, Inc.as part of its target to further expand product offering for tooling and modelling in NAFTA markets

RAMPF has acquired Innovative Polymers, Inc., a provider of technologically advanced polyurethanes for tooling and modelling applications based in the Unites States. With this acquisition, RAMPF is set to further expand the range of products it offers for the NAFTA markets.As a result, Innovative Polymers, Inc. will be integrated into RAMPF’s North American subsidiary RAMPF Group, Inc., which offers RAKU-PUR® modeling and styling boards, Close Contour castings, blocks and pastes, as well as liquid systems on the NAFTA markets since 2003.

“The acquisition of Innovative Polymers, Inc. will enable us to expand our product portfolio and to open up new business opportunities in industries in which we are already active in. Furthermore, we will be able to enter new markets, for example oil and gas, and the railway industry,” emphasizes Jürgen Penker, CEO of RAMPF Group, Inc.

RAMPF also sees great potential for the development of new products and services going forward. Jürgen Penker: The employees of Innovative Polymers, Inc. are highly knowledgeable with over 20 years of experience in the development and production of reactive resin systems. As part of RAMPF, they now have access to a fully equipped laboratory and prototyping facilities, which will significantly drive forward product development.

RAMPF

Innovative Polymers, Inc. was founded in 1995 and well known for its quality products and strong customer focus. The company currently employs twelve people. Its polyurethane products are used in a wide variety of industries and applications, amongst others automotive, electronic equipment and encapsulation, architecture, medical, as well as sports and recreation.

Innovative Polymers, Inc. is located in St. Johns, Michigan, not far from the headquarters of RAMPF Group, Inc. in Wixom. The facilities in St. Johns will be retained, enabling the RAMPF Group, Inc. to expand its production capacities and to serve customers even better and faster.

Earlier this year, RAMPF bought the Canadian company APEX Composites, a holistic composites supplier to companies in the aerospace and medical industries.  

 

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