Star Thermoplastic draws new management from former PolyOne execs

By Frank Esposito
Senior Staff Reporter

Published: June 19, 2014 3:10 pm ET
Updated: June 19, 2014 3:14 pm ET

Image By: Star Thermoplastic Alloys & Rubbers Inc. Randall Fortin

Related to this story

Topics Materials, Materials Suppliers, United States

Materials firm Star Thermoplastic Alloys & Rubbers Inc. has expanded its management ranks by hiring former PolyOne Corp. executives Randall Fortin and Larry Johnson.

Fortin joined Broadview, Ill.-based Star in March as the firm’s chief operating officer. Johnson came aboard earlier this month as vice president of business development and sales.

“This is our 21st year, and we were at a point where we expanded our commitment to grow the business,” Star president and owner Tom Dieschbourg said in a June 18 phone interview. “To do that, I needed to share some of the load I’ve been carrying.”

Both positions are new ones for Star, which makes compounds based on several types of thermoplastic elastomers. Fortin was with compounding leader PolyOne of Avon Lake, Ohio, from 2006-2010 as corporate vice president. Prior to that, he was with specialty chemicals maker Nalco Chemical Co. for almost 20 years, and also had a brief stint at Cytec Industries, a specialty chemicals firm that does some plastic composite work.

After leaving PolyOne, Fortin was part of a group that completed a 52-day, coast-to-coast bike ride before starting his own consulting firm — VCS 2 LLC in Avon Lake. But even then, Fortin said in a June 18 phone interview, he missed the level of involvement of being part of a business.

Star had been one of his firm’s clients when Dieschbourg offered Fortin the COO position. At Star, Fortin will be responsible for managing the profit and loss and operational aspects of the company. He said that the opportunity he now has with Star “comes along once or twice in your career, if you’re lucky.”

“This company’s focus on innovation and core values is outstanding,” Fortin added.

Fortin “enjoyed what he was doing [for Star], so I suggested he do it on a full-time basis,” Dieschbourg recalled. In a news release, he added that Fortin “will provide the leadership, management and vision necessary” for Star to continue to grow.

Larry Johnson

Johnson left PolyOne in 2013 and spent some time with Fortin at VCS before joining Star. In an unusual coincidence, Johnson had worked for Dieschbourg almost 30 years earlier when the two were with TPE compounder GLS Corp., which later was acquired by PolyOne.

Johnson joined PolyOne in 2007 — after being hired by Fortin — and was there for six years as global director of healthcare marketing. Previously, he had about 15 years of experience with materials firms Foster Corp., Deerfield Urethane, Ticona and BFGoodrich, in addition to four years at GLS in the late 1980s.

Star has been on a steep growth curve in recent years. Since early 2012, the firm has added about 15 employees, 10 million to 15 million pounds of annual production capacity and about 40,000 square feet of manufacturing space. More production capacity could be added this year as well, Dieschbourg said.

Star does a good deal of business in the automotive and medical markets, but also has seen growth in pet products, sports and recreation, household appliances and other sectors. The privately owned firm doesn’t disclose sales figures, but Dieschbourg said that growth for 2014 is expected to be 10-20 percent.

“We’ve grown the business and focused on our basic core values, which are to keep the customer happy,” he said.


Comments

Star Thermoplastic draws new management from former PolyOne execs

By Frank Esposito
Senior Staff Reporter

Published: June 19, 2014 3:10 pm ET
Updated: June 19, 2014 3:14 pm ET

Post Your Comments


Back to story


More stories

Materials firm realigns business divisions

October 20, 2014 1:23 pm ET

Trinseo S.A., formerly known as Styron L.L.C., is realigning its business divisions, creating two new business groups — Performance Materials...    More

Molder goes to auction block

October 17, 2014 12:17 pm ET

An Illinois custom injection molding operation will be auctioned off after its owner decided to close the business.    More

Image

Plastikon expanding in Kentucky

October 17, 2014 11:24 am ET

Automotive supplier Plastikon Industries Inc. plans to more than double the size of its production facility in Leitchfield, Ky.    More

Image

Corbion Purac collaboration taking bioplastics into even more uses

October 17, 2014 6:00 am ET

Corbion Purac NV's collaboration with Taiwan-headquartered compounder Supla Co. Ltd. and Taiwan electronics producer Kuender & Co. is paying...    More

Image

Momentive gearing up for some timely LSR sales

October 17, 2014 10:58 am ET

Momentive Performance Materials Inc. has plenty of time for customers at Fakuma — thanks to colorful new watchbands made with the firm's fiber-r...    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

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

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

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events