Cranston, R.I.-based Mearthane Products Corp. (MPC) has acquired Precision Elastomers Inc. (PEI), adding Precision’s custom thermoset polyurethane and silicone components to MPC’s portfolio of advanced PU products.
PEI specializes in custom-molded PU and silicone products for manufacturing sectors including semiconductors, robotics and medical devices. The business will remain in its current location in Ipswich, Mass. Molding Maker
“PEI reinforces our leadership position in custom thermoset polyurethane products for mission-critical applications,” said Pete Kaczmarek, MPC’s CEO. “Their unique precision manufacturing processes and molded silicone technology expand our already wide range of thermoset materials capabilities. In addition, the PEI portfolio introduces MPC to new customers in high growth applications who will benefit from our expertise and broad technologies.”
The purchase marks Mearthane's sixth acquisition since 2017. It bought Polyurethane Molding Industries of Woonsocket, R.I., in 2020; Morris & Broms LLC of Cranston in 2019; Creative Urethanes and Rhode Island Water Jet LLC in 2018 and Elmco Tool Inc. in 2017.
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