Polycorp Expands Horizons with Acquisition of Burke Industries

Polycorp Completes Strategic Acquisition of Burke Industries
Polycorp, a renowned manufacturer of engineered elastomer solutions and part of Arsenal Capital Partners, has made a significant move by acquiring Burke Industries Inc., a top supplier of custom elastomeric products, from Mannington Mills. This acquisition is poised to bolster Polycorp’s manufacturing capabilities and market position.
Importance of the Acquisition
The acquisition serves as a crucial step in Polycorp's strategic growth plan. By integrating Burke Industries into its operations, Polycorp is expanding its manufacturing footprint and enhancing its workforce. This integration not only adds substantial manufacturing capacity but also reinforces its research and development (R&D) capabilities, particularly in rubber mixing and compounding.
Moreover, the addition of Burke enables Polycorp to tap into emerging markets, specifically in high-growth industrial and infrastructure sectors, including aerospace and defense. This positions Polycorp to offer a more comprehensive portfolio of solutions, complemented by quicker turnarounds and increased technical expertise for its clientele.
Commitment to Growth and Innovation
Polycorp’s leadership is dedicated to investing in Burke Industries to ensure sustained growth and innovation while honoring its legacy of customer service. The company plans to enhance Burke’s capacity and drive business growth, ensuring stability for its dedicated employees, trusted supply partners, and long-standing customers.
Continuous Operations at Burke
Located in San Jose, California, Burke Industries will proceed with its operations smoothly, maintaining the commitment to quality and excellent customer service that has been its hallmark for many years. The employees at Burke remain essential to the company's ongoing success, and Polycorp is focused on supporting the talented staff that drives the company forward ensuring a future where excellence prevails.
Voices from the Leadership
In discussing the acquisition, 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. The incremental manufacturing presence also positions us to respond more quickly and effectively to customer needs while building a strong foundation for innovation and long-term growth."
Pride in Partnership
Kevin Sroka, General Manager of Burke, shared his perspective on this new chapter, stating, "For everyone at Burke, this is both 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. Our team has built this company on craftsmanship, dedication, and trust, and we are confident that those values will only be strengthened by our partnership with Polycorp."
About the Companies
About Polycorp
Founded in 1996, Polycorp leads the way in designing, manufacturing, selling, and distributing engineered elastomeric solutions. Operating in over 35 countries, Polycorp focuses on critical applications across infrastructure and industrial markets with high stakes for performance failures.
About Burke Industries
Burke Industries Inc. stands at the forefront of innovative materials and engineered solutions, serving various markets such as aerospace and defense. The company is dedicated to providing performance-boosting materials recognized for their durability and quality.
About Mannington Mills
Mannington Mills, founded in 1915 and family-owned for five generations, excels in the production of residential and commercial flooring solutions. The company prides itself on its commitment to quality manufacturing, customer satisfaction, and innovative design.
Frequently Asked Questions
What is the significance of Polycorp's acquisition of Burke Industries?
The acquisition enhances Polycorp's manufacturing capacity and expands its footprint in key market sectors, including aerospace and defense.
How will Burke Industries operate post-acquisition?
Burke will maintain its business operations and commitment to customer service, ensuring a seamless transition and continued quality.
What do the leaders of Polycorp and Burke say about the deal?
Both Andrew Thompson and Kevin Sroka expressed enthusiasm for the partnership, highlighting the growth opportunities and shared values of craftsmanship and dedication.
When was Polycorp founded?
Polycorp was established in 1996 and has become a leader in engineered elastomeric solutions.
What markets does Burke Industries serve?
Burke Industries serves aerospace, defense, roofing, and industrial markets, providing advanced materials that meet high-performance standards.
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