CHINO, California – (May 20, 2010) –Imperial Rubber Products, which manufactures and reconditions rollers for industrial converters, manufacturers and commercial printers, and Finzer Roller, a leading one-stop resource for rubber rollers and specialty coatings, including steel roller cores, replacement rubber coverings and peripheral products, today announced that they have entered into a strategic alliance to serve customers nationally.
Major elements of the strategic alliance agreement include the companies agreeing to:
Also as part of the agreement, Finzer Roller has made a strategic investment in Imperial Rubber Products and acquired a minority share of ownership in the company.
While the companies will collaborate on a broad array of matters, the companies remain separate entities and neither company will play a role in management of the other.
“Finzer Roller operates primarily in the Midwest and Eastern U.S.,” commented John Finzer, CEO of Finzer Roller. “As many of our customers have operations beyond those regions we have been looking for a partner in the West to help us offer broader geographic coverage across the United States.”
Mr. Finzer continued, “We evaluated many roller companies and decided that Imperial Rubber Products was the best choice for us. We based our decision on the strength of their operation on a broad range of criteria including customer satisfaction, new product innovation, financial strength and management capability.”
Ron Hill, President and CEO of Imperial commented, “Our company has had a friendly relationship with Finzer Roller for many years. The high caliber of their people and their focus on customer satisfaction, quality products, ethical dealings, and profitability matches our operating philosophy.”
Mr. Hill added, “This is another step in an on-going process at Imperial of expanding our capabilities to better serve customers. Finzer Roller has a tremendous range of specialized products and unique manufacturing solutions, which we look forward to sharing with our customers.”
Mr. Hill further explained that both companies focus on serving customers with demanding applications, including a broad range of industrial and graphic arts industries, noting that both companies are members and supporters of AIMCAL (the international Association of Industrial Metallizers, Coaters and Laminators).
Based in Chino, California, Imperial Rubber focuses on manufacturing and reconditioning rollers for demanding applications. These precision products are used by printers, converters and manufacturers to convert, coat, paint, emboss, laminate, and squeegee. These companies typically work with primary materials such as paper, plastic, steel, aluminum, wood, glass, non-wovens, and textiles.
The company offers considerable product development and custom capabilities, fashioning rollers in a wide array of materials including rubber, polyurethane, silicone, nylon, Teflon™, Rilsan™, chrome, and copper. The company’s facilities include its headquarters and main manufacturing facility in Chino, California; a depot with local support in Sacramento, California; and a fleet of local and long-haul trucks. Imperial Rubber was founded in 1989. It is privately held and owned by operating management. Additional information is available at www.imperialrubber.com.
Founded in 1968, Finzer Roller is a one-stop resource for rubber rollers and specialty coatings, including steel roller cores, replacement rubber coverings and peripheral products. The company services the film and foil packaging, corrugated box, wood, wood finishing, metal, graphic arts and other precision application industries. Headquartered in Des Plaines, Illinois, Finzer maintains manufacturing and sales operations in Arkansas, Florida, Illinois, Indiana, Maryland, New York, North Carolina, Pennsylvania, and Texas. Additional information is available at www.finzerroller.com.
Imperial Rubber Products, Inc.
TEL +1 909-393-0528
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