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|  |
| Company type | Privately held |
|---|---|
| Industry | Compounds and concentrates manufacturing |
| Founded | 1981 |
| Founder | John Manuck |
| Headquarters | Clinton, Tennessee |
Key people | John Manuck (Board Member), Michael McHenry (CEO) |
Techmer PM is a Tennessee-based materials design company that manufactures and develops engineered compounds and color and additive concentrates for plastics and fibers. It has six manufacturing plants in North America, and employs more than 600 people, as of July 2020.[1][2][3]
History edit
Techmer was founded in 1981 by John Manuck. The company develops and manufactures engineered compounds. It also makes color and additive concentrates for plastics and fibers, focusing on modifying the appearance and properties of base polymers. The products made by the company have applications in the agriculture, automotive, aerospace, building and construction, consumer, medical, packaging, and textile industries.[4][5] Techmer also develops and supplies an NIR-sortable black plastics colorant and a purging agent for blow molding machines.[6]
In 2020, Techmer signed a strategic partnership with SK Capital, a New York-based private investment firm.[7] In September 2022, the company was acquired by San Francisco-based private equity firm, Gryphon Investors.[8]
In April 2022, Techmer introduced ISO 10993 and USP Class VI-compliant pigments and additives for medical devices and healthcare applications.[9] In February 2023, the company developed and introduced a product called HiTerra rPET Revive, that could stabilize viscosity and enhance the quality of recycled polyethylene terephthalate.[10][11]
Certifications edit
Techmer received a Zero Waste to Landfill certification from total quality assurance firm, Intertek in May 2023.[12] The company also received a silver medal in the EcoVadis Sustainability Assessment.[13]
Management edit
Mike McHenry is the CEO of the company.[14] As of May 2023, Travis Martin is the company’s Vice President of Operations[15] and Jon Rogers is the VP of Sales and Marketing.[16]
References edit
- ^ Sparrow, Norbert (21 July 2020). "Techmer Aims to Grow Global Footprint Through Strategic Partnership with SK Capital". Plastics Today.
- ^ Esposito, Frank (7 September 2022). "Gryphon Investors buys majority stake in compounder Techmer PM". Plastics News.
- ^ Staff (24 May 2023). "Techmer PM Plant Earns Zero Waste to Landfill Certificate". Plastics Today.
- ^ Sparrow, Norbert (21 July 2020). "Techmer Aims to Grow Global Footprint Through Strategic Partnership with SK Capital". Plastics Today.
- ^ Jeffries, Jessica (30 September 2022). "CAMX 2022: Techmer PM and Purdue CMSC to Showcase Digital Twin Software Set to Revolutionize Additive Manufacturing". IACMI.
- ^ Staff reporter (29 April 2021). "Black colorant, purging agent new at Techmer PM". Plastics News.
- ^ Sparrow, Norbert (21 July 2020). "Techmer Aims to Grow Global Footprint Through Strategic Partnership with SK Capital". Plastics Today.
- ^ Esposito, Frank (7 September 2022). "Gryphon Investors buys majority stake in compounder Techmer PM". Plastics News.
- ^ Kominek, Sarah (26 April 2022). "Techmer PM launches medical additive brand". Plastics News.
- ^ Voloschuk, Chris (February 15, 2023). "Techmer PM develops recycled PET solution". Recycling Today.
- ^ Staff (1 February 2023). "Techmer PM Introduces PFAS-free Polymer Processing Aid". Plastics Today.
- ^ Staff (24 May 2023). "Techmer PM Plant Earns Zero Waste to Landfill Certificate". Plastics Today.
- ^ Esposito, Frank (16 June 2023). "Silver for sustainability at Techmer PM". Plastics News.
- ^ "Manuck takes executive chairman role at Techmer; McHenry becomes CEO". Plastics News. 3 May 2021.
- ^ "Techmer PM Appoints New Vice President of Operations". Yahoo Finance. 30 May 2023.
- ^ "Jon Rogers joins Techmer PM as VP of Global Sales & Marketing". Bloomberg.com. 9 February 2022.
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