It's official ....last week Advanced Rubber Technologies has been acquired by American Chemical Technologies, a global leader in fluid and lubricant technology with manufacturing facilities in Fowlerville, Michigan and Bowling Green, Kentucky and a Midwest Warehouse in Gary, Indiana.
The synergy between the two organizations has existed for awhile .... we have shared the same Midwest Warehouse in Gary, Indiana for the past 7 years...and our two organizations service and support an overlapping customer base and market concentration. Our efforts are tied to Steel, Coke Making, Power Generation, Petro Chemical, and Marine. Ross Kovanda, the VP and one of three Kovanda brothers who own American Chemical Technologies has been across the hall from me as we have shared office space in our large warehouse and we have become great business associates, friends, and on many days have rolled up our sleeves and helped each other out.
When Anchor Holding Group decided they wanted to focus on their core products and perhaps spin off the Conveyor Belt Division ( Advanced Rubber Technologies)...Ross Kovanda and ACT were my first thought. An organization who was customer focused, committed to providing product based solutions, and had connections and a reputation second to none in the industries that we had a shared investment. The obvious added bonus, we were already in the same building .... no moving inventory or equipment, in the location we need to be for servicing the NWI Steel Mills, and across the hall with our offices. It was a perfect situation for hooking the wagons together and expanding opportunities to grow.
The ink is just drying but we are busy writing orders, making plans and exploring the great potential we have in front of us. Another Warehouse partner in our complex is Caster Maintenance managed by Jim Kelley ...a great organization serving many of the same customers and a leader in their field, our association and synergy with Jim and his organization is another added bonus to our location .... Jim is a great knowledge resource and the daily interaction of these three companies always produces activity that is packed with opportunity with the added bonus of good spirited comaradery.
2017 is going to be a very good year, and the future is full of expectations of growth and success as we pursue goals and objectives that are now connected versus just running parallel.
Happy New Year and stay tuned ... this is going to be a fun ride !
" the Belt Doctor"