By PBN Staff
By PBN Staff
PAWTUCKET – Teknor Apex Co. has acquired Jamestown, N.C.-based PVC compounder Viking Polymers LLC, which specializes in the manufacture of rigid polyvinyl chloride and related materials for the building and construction industries.
Following the acquisition, Viking Polymers will operate under the Teknor Apex Vinyl Division, headquartered in Pawtucket, and Viking Owner and President John Ammondson will serve as a consultant to Teknor Apex. Viking will operate from its existing North Carolina offices and retain all employees, according to Teknor Vice President Louis R. Cappucci, who heads the company’s Vinyl Division.
“While most of the business of the Vinyl Division of Teknor Apex has historically centered on flexible compounds, rigid PVC plays an increasingly important role in our continued growth,” said Cappucci. “The acquisition of Viking Polymers adds substantially to our rigid PVC capabilities and represents a natural extension of our product portfolio into weatherable capstocks, CPVC compounds, and other specialties for the fast-growing building and construction market.”
Viking’s PVC products include pelletized and dry-blend rigid vinyl, flexible vinyl, and PVC-based blends and alloys, Teknor said. PVC, acrylonitrile styrene acrylate, and other acrylic and alloy products are used in construction applications, including house siding, windows, decks, railings, rainwater systems and fences.
Ammondson said Viking’s proprietary compounds were developed as low-maintenance alternatives to wood in standard building applications, offering dark and wood-toned colors capable of withstanding prolonged outdoor exposure.
“The Viking Polymers team is excited at the possibilities opened by joining forces with Teknor Apex,” said Ammondson. “The extensive Teknor Apex sales force will uncover new business opportunities for the special technologies that we have developed, and the global reach of Teknor Apex will introduce to the world marketplace a range of Viking Polymers products whose application so far has been limited to North America.”
Teknor Apex manufactures vinyl materials for interior and exterior applications, injection molding and extrusion blow molding from its facilities in Rhode Island, California, South Carolina and Tennessee, as well as Singapore and Suzhou, China.
The terms of the acquisition were not disclosed.