Two processors from the suburbs of Detroit -Polyflex Products LLC and Advanced Elastomers Corp. - are merging to form one company that will retain the identities of both firms.
The businesses also are adding a new plant in Morrison, Tenn.
According to a joint news release, Polyflex of Livonia and Advanced Elastomers of Wixom, Mich., will retain their independence and identities to support their customer base. However, the firms will be combining financial, engineering and marketing.
The joint effort, said Mark Kirchmer, sales and marketing director of Polyflex, will provide immediate crossover opportunities and will allow for an expanded and combined product lineup.
The Tennessee plant, Thermoflex LLC, is to open in July, making thermoformed and thermoset products for customers in the Southeast.
Polyflex and Advanced Elastomers operated in different markets. Polyflex offers design, prototyping and manufacturing of custom injection molded, foam urethane and solid elastomer products. It makes returnable packaging containers, pads, trays and automotive components.
Advanced Elastomers also does custom molding, but specializes in thermoset polyurethanes, rubber and plastics for robotic handling devices, conveyor systems and part handling and nesting.
Polyflex and Advanced Elastomers said no jobs will be lost in the merger, and that the combination will position the companies for further expansion.
Advanced Elastomers is not related to Advanced Elastomer Systems LP, a thermoplastic elastomer supplier.