July 9, 2018. (Salisbury, North
Color Corporation (“Carolina Color”) announced today it has acquired Chroma
Corporation, based in McHenry, Illinois. Chroma Corporation (“Chroma”) is a
leading specialty color and additive concentrate business serving packaging, electronics,
and many other markets. With this acquisition,
Carolina Color continues to grow its manufacturing footprint throughout the U.S.
to leverage its growing suite of colorant and additive technologies to better
serve existing and prospective customers.
Terms of the transaction were not disclosed.
pleased to see Chroma, with its solid reputation in the Midwest, join our
incredibly strong color businesses, Carolina Color, Breen, and Hudson, which
were combined last year into Carolina Color,” stated George Abd, Chair of the Board
of the company. “By combining these businesses that bring great product
technology and reputations in the industry, we continue to execute our strategy
of building the finest colorant company serving our markets. We are especially
pleased to add the Chroma facility and team in McHenry, IL to our company as a
strong base from which to grow and better serve our Midwest customer base.”
continue to acquire key businesses with the capabilities and resources in
locations that complement our current portfolio with the singular goal of meeting
the colorant needs of both large and small plastic converters,” added Howard DeMonte,
President of Carolina Color.
Chroma has provided
total color solutions from its corporate headquarters in McHenry, Illinois, for
more than 50 years. Chroma produces custom formulated masterbatch colors, dry
colors, additive concentrates, and pre-color compounds for the packaging,
electronic, safety, automotive, recreational, medical, and consumer products
exceedingly pleased to become part of this exceptional business,” added Chroma CEO
Tom Bolger. “We were not considering a sale when approached, but we quickly
warmed to the idea after meeting the team, hearing the vision, and reviewing Carolina
Color’s considerable progress. Additionally, I worked with several of the key
executives at Carolina Color earlier in my career and know them to be very
talented, high-caliber people. I could not be more excited to remain with the
company and I look forward to working with the entire Carolina Color team as we
move the company forward together.”
About Carolina Color Corporation
Color Corporation is composed of four leading specialty color and additive
concentrate supplier brands in the plastics marketplace. The brands include:
Breen, Chroma, Hudson, and Carolina Color. This combined business, with sales of
greater than $150 million, currently has an extensive manufacturing footprint
throughout the U.S. Carolina Color was acquired by Arsenal Capital Partners in
About Arsenal Capital Partners
Established in 2000,
Arsenal is a leading private equity firm that specializes in investments in
middle-market specialty industrials and healthcare business services
companies. Since inception, Arsenal has raised institutional equity
investment funds of approximately $3 billion. Arsenal invests in industry
sectors in which the firm has significant prior knowledge and experience and
seeks companies typically in the range of $100 - $500 million of initial
enterprise value. The firm works with management teams to build
strategically important companies with leading market positions, high growth,
and high value-add. For more information, please visit www.arsenalcapital.com
Chroma's Phenomenal Glow Compounds
McHenry, IL- Chroma Corporation offering light stable thermoplastic glow compounds, some glow as long as 32 HOURS!
This new product offering is truly unique. The old glow materials would not glow after 100 hours of exposure to outdoor light. Chroma's new Photoluminescent products are designed for use outdoors. Some have been measured to glow for over 32+ hours! They are light stable and designed for outdoor use!
Potential applications include: Rotational molded marine navigation buoys, Injection molded EXIT signs, profile extruded strips for Exit isle delimitations, buttons on electronic devices, Dashboards, cup holders, seat belt release buttons, etc.
Imagine a product that recharges itself, requires no maintenance, cannot be accidentally turned off, and uses no light bulbs, batteries, or wiring! It is now a reality and available from Chroma Corporation.
These products start glowing as bright as a nuclear fuel rod...and our products are non-radioactive!
Low Taste & Odor
Chroma Corporation has developed a high performance Low Taste and Odor Package that is perfect for the growing beverage market.
McHenry, IL-Chroma Corporation, supplier of master batch, liquid colorants and specialty additive packages for the thermoplastic industry, is pleased to announce the recent development of their high end Low Taste and Odor (LT&O) additive.
In the packaging industry, perfection is expected and coming up with superior products is where Chroma continues to excel. This is the consistent message that Chroma and their technical teams continue to reinforce, especially in the competitive packaging industry for bottles and closures. With over two years in development and four years in commercial use, Chroma has put together a specialized additive package that virtually eliminates T & O concerns. Chroma has followed the testing protocol of several major beverage companies that test for Taste and Odor (T & O) and have obtained favorable results for use in either liquid or pellet master batch. According to Chroma's National Sales Manager, Peter Bogle, "this product has taken off like wildfire and we are excited about the continued inquiries and successes that we are working on. Anyone that is looking for a high performance taste and odor package has to go no further than contacting Chroma Corporation". Chroma is also in development for setting up a line of standard custom colors utilizing this same high end LT&O package. In addition, Chroma is in the process of setting up their own internal taste and odor testing team which will make the ongoing testing of any new products that much easier to evaluate.
Further information on this product or other new innovative products is available by contacting the company via Phone: 877.385.8777.
MCHENRY, ILLINOIS, USA - (March 29, 2004) - With the shift of manufacturing to countries outside the U.S., counterfeiting of parts has become a serious problem. To ensure that parts are made with the materials or resins specified, Chroma Corporation is offering a traceable, anti-counterfeit technology called microtagging.
Microtagging, or the addition of minute particles called microtags to thermoplastic compounds, provides a means of identification and authentication of genuine product to address issues of counterfeiting and warranty/liability issues. "The microtag particle is essentially a unique numeric code sequence supplied in a microscopic multi-color layered format," says Sharon Ehr, Director of Color Technology and Quality for Chroma. "A specific sequence is produced for each customer and application. The sequence is certified and registered on a database and will never be used for any other purpose," Ehr added.
Anti-counterfeiting methods can be formulated to be seen by the naked eye, or to be invisible. In the case of Microtags, a simple non-destructive test involving ultraviolet light and a 100X magnifying glass is all that is needed," says Ehr, "for a customer to test the parts and find out if they contain the correct resin, compound, or alloy - or if they have been counterfeited." Depending upon the customers' needs, Chroma Corporation can also add specialty features.
Chroma Corporation Formulates Specialty Black for 42-volt Battery Cases
Chroma Corporation, headquartered in McHenry, Illinois has developed a specialty black specifically formulated to meet the high performance demands of the 42-volt automotive battery market. This pellet concentrate product contains an ultra high dispersion of carbon black pigment virtually eliminating electrical conductive tracking (E.C.T.). For more information please contact Gary Bryan, Senior Vice President and Battery Market Coordinator by Phone Toll Free at 877.385.8777, or by E-mail at firstname.lastname@example.org.