J.M. Huber Corporation Acquires ATH Business of AluChem, Inc.
Friday June 3, 4:21 pm ET
EDISON, N.J.--(BUSINESS WIRE)--June 3, 2005--J.M. Huber Corporation has announced the acquisition of the alumina trihydrate (ATH) business of AluChem, Inc. AluChem, located in Cincinnati, Ohio, is a manufacturer of various forms of chemical grade of alumina products.
Huber's acquisition of AluChem's ATH business represents an excellent strategic fit with Huber's existing ATH business, which is a part of the Huber Engineered Materials (HEM) division. It strengthens HEM's position in ATH in North America, improves its cost structure and adds significant capacity to HEM's existing ATH manufacturing facilities.
According to Huber Engineered Materials President, Don Rubright, "The higher production volumes resulting from the acquisition of AluChem's ATH business will enable HEM to make better use of its current operations and significantly improve performance."
Equipment and other AluChem resources will be incorporated into HEM locations in Quincy, Illinois, as well as the Fairmount and Kennesaw plants in Georgia.
About J.M. Huber Corporation
With reported sales exceeding $1 billion and operations in 20 countries, J.M. Huber Corporation is one of the largest family-owned companies in the U.S. It is a diversified multinational supplier of engineered materials, natural resources and technology-based services to markets ranging from paper and energy to plastics and construction. The company offers total solutions in inorganic chemistry, engineered wood composites and other specialties. See www.huber.com .
About Huber Engineered Materials
Huber Engineered Materials develops engineered specialty ingredients that enhance the performance, appeal and processing of a broad range of products used in industrial, paper and consumer-based applications. Its Controlled Function Technology® product modification has resulted in advancing the art in specialty silica and silicates, alumina trihydrate, magnesium hydroxide, kaolin clay, barium sulfate and calcium carbonate.
J.M. Huber Corporation
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