Plastics Color Corp. buys liquid color maker

U.S.-based masterbatch and color concentrates supplier Plastics Color Corporation (PCC) has bought Polysource LLC and its Pinnacle Color subsidiary, a color and additives manufacturer and distributor headquartered in Tempe, Ariz.

The terms of the deal have not been disclosed.

“The purchase of Polysource gives PCC an established position in the North American liquid color market as well as a new distribution channel for both existing and new products,” said Doug Borgsdorf, president of Calumet City, Ill.-based PCC. “Polysource is a successful distribution company with a solid customer base, all of which fits strategically within our product portfolio.”

The purchase gives PCC an immediate entry into the plastics manufacturing market in Mexico through Polysource’s distributor relationships, Borgsdorf continued.

PCC operates manufacturing facilities and product development labs in Illinois, North Carolina, California and China. The company currently manufactures and distributes liquid color through its Nanjing, China facility.

Polysource was founded in 1998 by Craig Degnaro, a 30-year veteran of the liquid plastics business. Degnaro will be retained as the manager of the new business unit, Borgsdorf said.