FOR IMMEDIATE RELEASE

CRANSTON, R.I., February 26, 2020 – Mearthane Products Corporation announced today that it has completed the acquisition of Polyurethane Molding Industries, Inc. (PMI), a provider of Reaction Injection Molding (RIM) and custom part finishing services based in Woonsocket, Rhode Island. The purchase of PMI follows the company’s acquisition of Creative Urethanes Inc., of Winchester, Virginia, in October 2018 and marks MPC’s fifth acquisition in 3 years.

PMI’s expertise in polyurethane Reaction Injection Molding (RIM) and custom part finishing has made it a key supplier to a variety of product designers specialized in medical devices, banking, and electronics. “PMI’s RIM business will expand our existing RIM capabilities to include rigid materials for cabinets, housings and other structural parts, including excellent precision painting and finishing processes,” said Pete Kaczmarek, President of MPC. “Furthermore, PMI brings a new customer base to whom we can now offer a wider range of customized polyurethane solutions.”

With the completion of this acquisition, Len Strapponi, President of PMI, will join the MPC team as Director of Business & Process Development for RIM. Mr. Strapponi has over twenty-five years of experience in the engineering, design, and manufacturing of RIM products. “We are delighted to be part of MPC’s team and look forward to the opportunities this new venture brings to grow our RIM and painting services”. In addition to this transition, Brian Johnson, a long-term PMI leader, will become Operations Manager of PMI’s Woonsocket, R.I. location.

About Mearthane Products Corporation (MPC)

Mearthane Products Corporation (MPC) is a global technology leader in the development and manufacture of advanced polyurethane and metal components. Building on over 50 years of formulation and processing experience, MPC partners closely with customers to develop innovative solutions to their toughest challenges in fitness & recreation, military & defense, food processing, office automation, and a wide variety of industrial and consumer applications worldwide. MPC’s products are made in the USA and shipped all over the world, leading to its award in 2017 as the Exporter of the Year for Rhode Island by the US Small Business Administration. MPC is proud to be a Veteran Owned Small Business (VOSB) and certified to ISO-9001:2015.
For more information, please visit: www.mearthane.com

About Polyurethane Molding Industries (PMI)

Polyurethane Molding Industries (PMI) Inc., is a full-service manufacturing facility of custom molded polyurethane elastomers, in-house mold design and finishes. Since 1979, PMI has been employing its Reaction Injection Molding (RIM) capabilities to manufacture large, complex products and components for diverse applications, including medical device and analytical testing device enclosures. PMI specializes in designing and manufacturing parts with excellent finish surface quality for critical high-end applications.
For more information, please visit: www.pmirim.com
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