Thornton & Co. brands itself for future growth

By Frank Esposito
Senior Staff Reporter

Published: March 21, 2014 12:06 pm ET
Updated: March 21, 2014 12:09 pm ET

Related to this story

Topics Polyethylene, Polypropylene, Polystyrene, Materials Suppliers

Resin distributor Thornton & Co. has overhauled and expanded its management ranks to allow for future growth.

In the last year, Southington, Conn.-based Thornton has hired industry veterans Josh Prieve and Todd Maples. Prieve has 13 years of market experience and will serve as the firm’s sales director. Maples previously worked for Nova Chemicals Corp. and will serve as Thornton’s prime polyolefins director, as the firm works to emphasize that product area.

Thornton also recently hired William Zeronsa as chief financial officer and has added several business development managers as well. Market veteran Nathan DeAngelis continues to serve as a vice president, overseeing the firm’s polyethylene trading operations.

Thornton also has embarked on a branding campaign focused on a statement of “Get what you need, when you really need it.”

“It’s time that the plastics industry understands more about Thornton & Co., both who we are and what we do,” vice president Jake Thornton said in a news release. “We’re expanding domestically and internationally.

“We’re making serious investments in the company infrastructure,” he added. “A brand campaign was the next step in the evolution of the business.”

Thornton was founded in 1994 by resin industry veteran Paul Thornton, Jake’s father. The firm distributes prime and wide-spec grades of polyethylene, polypropylene and polystyrene throughout the U.S. and Canada. Last year, Thornton & Co. expanded its sales efforts in central and South America, Jake Thornton said in a March 20 phone interview.

In 2013, Thornton & Co. distributed about 325 million pounds of resin, up 12 percent vs. 2012. Sales volume in pounds is expected to grow at an even higher rate in 2014, Thornton said. The firm’s 2013 sales were evenly split between prime and wide-spec, but Thornton said that mix eventually could move to 75 percent prime.

Like many North American distributors, Thornton & Co. is looking to benefit from large resin capacity additions — primarily for polyethylene — that are set for the North American market in the next 3-4 years.

“That growth is what’s keeping us in business,” Jake Thornton said. “There are going to be opportunities to sell a lot more resin, and that should lead to growth throughout North America as well.”


Comments

Thornton & Co. brands itself for future growth

By Frank Esposito
Senior Staff Reporter

Published: March 21, 2014 12:06 pm ET
Updated: March 21, 2014 12:09 pm ET

Post Your Comments


Back to story


More stories

Image

Styrolution will open new production late 2014

July 30, 2014 12:54 pm ET

Germany-based styrenic materials group, Styrolution, has announced it is expanding its facility in Ludwigshafen, Germany.    More

Image

Carbon black supplier Orion begins trading on NYSE

July 29, 2014 11:29 am ET

Orion Engineered Carbons S.a.r.l. has priced the initial public offering of 19.5 million common shares at a price to the public of $18 per share.    More

Image

Dow sees solid second quarter performance

July 29, 2014 11:19 am ET

Dow Chemical Co. has reported its second quarter figures, with its seventh consecutive quarter of growth, according to the company.More

Image

Evonik sells polyimide foams operation to Boyd

July 29, 2014 10:46 am ET

Modesto, Calif.-based Boyd Corp., a manufacturers of specialty material and sealing agents, has purchased Evonik Industries’...    More

Image

Formosa to be compensated for Vietnam riot

July 28, 2014 1:44 pm ET

Taiwan's Formosa Plastics Group will receive $2.39 million from the Vietnamese government and insurance companies for damages suffered during the anti...    More

Market Reports

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events