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GEON acquires Cary Compounds

7/3/2022 - GEON Performance Solutions announced that it has acquired Cary Compounds, LLC, which is based in Manalapan, New Jersey, and will see its assets consolidated into Cary manufacturing campuses to best service the geographic needs of its customers.

A press release said that the Cary name has had a good reputation for its quality and high-end formulas dating back to when Ken Cary started the business in 1999. “Charlie Cary and the team have built on that reputation in the wire and cable industry, with exceptional formulary, customer service and manufacturing expertise as its key differentiators,” said GEON CEO Tracy Garrison. “We look forward to using that same personalized service that our Cary customers value as we introduce an expanded portfolio of highly engineered polymer solutions offered by GEON.”

“We have been watching GEON expand and evolve in the marketplace and are pleased the tradition of quality and excellence built by the Cary team will now live on in GEON,” said Charlie Cary. “This is an exciting day for wire and cable manufacturers and our employees who will enjoy a strong competitive advantage with GEON’s strong culture and global leadership position.”

GEON is a global leader in the formulation, development, and manufacture of performance polymer solutions. It has 1,000 global associates and 11 world-class manufacturing plants with headquarters in a western suburb of Cleveland, Ohio. It is a portfolio company of SK Capital Partners, a private investment firm with a disciplined focus on the specialty materials, specialty chemicals, and pharmaceuticals sectors.

Read 342 times Last modified on July 3, 2022