Infinity Engineered Compounds, part of the Americhem group of companies, has bought LTL Color Compounders Inc., a Morrisville, Pa.-based producer of custom color engineered thermoplastic compounds.
Infinity and LTL will be joined to create Infinity LTL Engineered Compounds, an Americhem group company.
The terms of the deal have not been disclosed.
Founded in 1990, LTL Color Compounders maintains a 70,000-square-foot compounding plant in Morrisville and a manufacturing plant and Asia headquarters in Dongguan, China. Both are certified to ISO 9001:2008 and ISO 13485:2003 quality standards.
“With the creation of Infinity LTL Engineered Compounds, these two respected entities will be run as a single company which will offer one of the industry’s widest product lines,” said Carlos Carreno, president of Infinity LTL. “The combined Infinity LTL business will offer customers a broad product portfolio of engineered thermoplastic compounds.”
Americhem is a color and additive masterbatch supplier headquartered in Cuyahoga Falls, Ohio.