Techmer PM Appoints Craig Nikrant as New CEO to Lead Growth

Techmer PM Announces Craig Nikrant as New CEO

Techmer PM, a renowned leader in color masterbatch and polymer materials solutions, has recently appointed Craig Nikrant as the new Chief Executive Officer (CEO). Previously the Executive Chair of the Techmer PM Board, Mr. Nikrant is stepping into this significant role following the departure of Michael A. McHenry. The company is backed by Gryphon Investors, which specializes in middle-market private investments.

Craig Nikrant's Extensive Experience

Bringing over 40 years of experience in specialty materials, Craig Nikrant has a proven track record of building high-performance teams and fostering growth in commercial, technology, and manufacturing sectors. He initially joined Gryphon in 2018, leading Washing Systems as CEO before transitioning to become a full-time Operating Partner at the firm.

Leadership at Techmer PM

Mr. Nikrant’s background includes a distinguished 18-year tenure at GE Plastics, followed by key roles at PolyOne (now Avient), where he was instrumental in significantly increasing business size and profitability. His leadership at Techmer PM over the past three years has seen him facilitate over five successful investments and contribute on various boards within Gryphon's portfolio. His familiarity with advanced materials and specialty chemicals positions him as an ideal leader to guide Techmer PM as it continues its mission of innovation.

Strategic Vision for Growth

Leigh Abramson, Co-CIO at Gryphon, expressed confidence in Craig’s ability to drive Techmer PM's strategic direction. He highlighted Craig's in-depth understanding of the specific dynamics within the company's operations and the broader market landscape, emphasizing that his experience in managing strategic growth will be invaluable as Techmer PM strives to expand its presence in technology-driven markets.

About Techmer PM

Techmer PM is recognized for its innovative engineered materials and polymer solutions, which include concentrated color and additive masterbatches tailored to meet specific performance and functional needs. Collaborating with a diverse array of partners, from plastics processors to brand owners, Techmer PM enhances product functionality across numerous industries. The company has been operational since 1981 and has built a strong foundation with extensive experience in various resin technologies.

About Gryphon Investors

Gryphon Investors is a leading private investment firm dedicated to fostering profitable growth in competitively advantaged companies across various sectors, including Business Services, Consumer Goods, and Technology Solutions. The firm employs several investment strategies tailored to maximize capital placement and business success.

Contact Information

For further queries, you may reach out to Jill Warren, the Marketing Communications Manager, at 865-210-4078. Media inquiries can also be addressed to Caroline Luz at 203-570-6462, or Jennifer Hurson at 845-507-0571.

Frequently Asked Questions

Who is the new CEO of Techmer PM?

The new CEO of Techmer PM is Craig Nikrant, who previously served as the Executive Chair of the Board.

What experience does Craig Nikrant bring to Techmer PM?

Craig Nikrant brings over 40 years of experience in leading specialty materials companies and managing strategic growth.

What role did Craig Nikrant hold before becoming CEO?

Before becoming CEO, Craig Nikrant was the Executive Chair of the Techmer PM Board.

How long has Techmer PM been in operation?

Techmer PM has been in operation since 1981 and has built a reputation for innovation in engineered materials.

Who is Gryphon Investors?

Gryphon Investors is a private investment firm that focuses on growing profitable and competitive companies across various sectors.

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