Westborough, Massachusetts/Hudson, New Hampshire (PRWEB) September 06, 2016
Argential, a wholly owned subsidiary of MicroChem Corp., has announced that effective August 31, 2016 it has purchased the assets of Conductive Compounds, Inc. of Hudson, New Hampshire. The new company will operate under the name of Applied Ink Solutions and will relocate to MicroChem’s new 76,000 sq. ft., state-of-the-art Westborough, Massachusetts facility later this year.
Since 1994, Conductive Compounds has been a leading supplier of high quality engineered materials for the global electronics assembly market. In addition to standard product lines of conductive and resistive inks, UV curable dielectrics and insulators, adhesives, coatings, transducer inks, and potting compounds, Conductive Compounds specializes in custom formulations for new and unique applications in the printed electronics industry. An experienced staff with extensive knowledge and understanding of materials, manufacturing methods, and applications makes this possible. The company's products are used across a diverse range of industries, including consumer electronics, computer, automotive, medical devices and sensors, industrial controls, aerospace, photovoltaic, telecommunication, electronic packaging, and electronic display technology.
The Conductive Compounds asset purchase is part of a broad, ongoing search by MicroChem for opportunities to augment its existing materials technologies with additional new and innovative products and services. It is an acquisition that met search goals and will deliver synergies benefiting customers of both companies. Conductive Compounds functional inks, coatings, and compounds provide a uniquely complementary enhancement to a number of MicroChem products, while MicroChem's new, 76,000 SF high-tech facility enables future expansion for manufacturing capacity of Conductive Compounds flagship products. In addition to the current deal, MicroChem recently expanded its product offerings through the acquisition in June of Paratronix, Inc., a leading provider of parylene coating services and equipment.
MicroChem's focus on identifying unmet chemical market needs will continue to drive materials design and development in order to meet the rapidly advancing demands of customers' technology markets. It will also drive MicroChem’s future acquisition strategy. For information on MicroChem’s full line of products, visit: http://www.microchem.com or call +1.617.965.5511.