#None #San Jose #Polycorp #Burke Industries #Mannington Mills

Polycorp Expands Horizons with Acquisition of Burke Industries

In a significant move poised to reshape the landscape of engineered elastomer solutions, Polycorp, a prominent manufacturer and a portfolio company of Arsenal Capital Partners, has announced its acquisition of Burke Industries Inc. This strategic acquisition from Mannington Mills Inc. marks an important milestone in Polycorp's growth journey, enabling further expansion into new markets while bolstering its manufacturing capabilities.

A New Chapter in Growth

Polycorp is recognized as a leader in the manufacturing of engineered elastomer solutions, and the acquisition of Burke Industries, a renowned supplier of custom elastomeric products, adds immense value to its portfolio. This merger is not just about increasing production capacity; it's a strategic decision to enhance the company's R&D and rubber mixing and compounding capabilities. By integrating Burke into its operations, Polycorp aims to respond efficiently to the growing demands in the industrial and infrastructure sectors, including niches such as aerospace and defense.

The impact of this acquisition is twofold: it amplifies Polycorp's presence in high-growth adjacencies and ensures that customers receive an extensive range of solutions with reduced lead times and heightened technical expertise. Andrew Thompson, CEO of Polycorp, expressed his enthusiasm, stating, "This is an exciting milestone for Polycorp. By adding Burke's technical expertise and new market applications, we are expanding the range of solutions we can deliver to our customers."

Commitment to Legacy and Excellence

Polycorp's commitment to Burke is not limited to operational integration; it extends to nurturing the legacy of customer service that has defined Burke for decades. The company plans to invest significantly in Burke, with an emphasis on fostering long-term growth and innovation. The intention is to ensure the company continues to deliver mission-critical elastomeric solutions while also creating new opportunities for its employees and partners.

As the acquisition unfolds, Burke will operate as usual, retaining its dedication to quality and customer service. Residents of San Jose, California, can expect to see the same commitment to craftsmanship and service that Burke has provided over the years. Kevin Sroka, General Manager of Burke, shared his excitement, saying, "This is a proud moment and an exciting new chapter. Polycorp's investment ensures that we can continue doing what we do best - delivering reliable products and service while creating new opportunities for our employees and partners."

Future Outlook

The synergy between Polycorp and Burke is anticipated to yield significant advancements in their manufacturing capabilities, allowing them to better serve their clients across various industries. The collaboration enhances the innovative potential of both companies, ensuring that they remain at the forefront of the elastomer industry.

Another important factor is that Mannington Mills will continue to manufacture Burke rubber flooring products in its facilities in Eustis, Florida, and Calhoun, Georgia, ensuring continuity and reliability for its customers. This division of operations allows both Polycorp and Mannington Mills to focus on their core competencies while leveraging the strengths made possible through this acquisition.

Overall, the acquisition represents a win-win situation, as Polycorp looks forward to expanding its capacity, driving business growth, and building a solid future based on shared values of quality, service, and innovation.