Greg Boston is now sole owner of resin distributor General Polymers Thermoplastic Materials LLC.
Boston bought all remaining equity interest in the firm from Michael Kirtley on March 17. Boston and Kirtley had co-founded the firm in 2016 in Clarkston, Mich. It's now based in Rochester Hills, Mich.
In a news release, Boston said that 2023 "looks to be a challenging time in the plastics industry … especially for the large 'big box' distribution networks."
"Despite these challenges, following a simple, direct strategy of focusing on value-added business in distribution of engineered compounded and branded thermoplastic resins is producing continued growth," he added. "We are and will continue to invest in resources in support of colleagues within the General Polymers family and customer support functions."
General Polymers supplies small to midsized processors with a focus on prime, certifiable grades of engineering resins and compounds. Its supply partners include Asahi Kasei, Elix Polymers, Nycoa and Enviroplas.
General Polymers took its name from the firm started by Dan McGuire and Tom Mueller in 1973 in Troy, Mich. The original GP grew into one of the region's largest resin distributors before being acquired by Ashland Inc. in 1983. Boston worked for more than a decade at the original GP, from 1987 to the late 1990s.
Boston also worked for materials firm EMS-Grivory and compounder Asahi Kasei Plastics North America before starting the new GP. Kirtley had resin distribution experience with Channel Prime Alliance, Osterman & Co., Delta Polymers and Spartan Polymers.