Compound Growth for Geon with Roscom Buy
Compounder Geon Performance Solutions announced yesterday that it has acquired Roscom Inc., an ISO 9001:2015–certified PVC compounding facility in Croydon, PA.
Commenting on the acquisition, Geon CEO Tracy Garrison said that the 35-year-old company, respected for its innovation and automation in the flexible PVC market, is an excellent fit. “This addition represents a key step forward in our strategy. The Croydon facility and tenured team will enable us to better serve our customers in the Northeastern United States and parts of Canada. We intend to maximize the incredible expertise of the Roscom team and look forward to bringing its additional product portfolio to our customers,” said Garrison.
Headquartered in the Cleveland suburb of Westlake, OH, Geon has developed a portfolio of vinyl and polyolefin polymers and full-service manufacturing that serves a range of markets, including healthcare, transportation, building and construction, and appliances. It operates 10 manufacturing plants in the United States, Mexico, Canada, and China.
“This strategic alignment with Geon helps secure a strong future for our customers and members of the Roscom family alike,” said Nick Lynch, President and Chief Operating Officer of Roscom. “The combination of our customer service, agility of operations, and responsiveness with Geon’s considerable resources will result in a company that will exemplify the future of the PVC compounding industry.”
Geon said that Lynch will remain with the company through the transition as an advisor to Garrison. Sales and manufacturing operations for both companies will continue as usual through the transition.