Advanced Blending Solutions LLC has acquired Thoreson McCosh Inc., a desiccant dryers and auxiliary equipment maker in Troy, Mich., and will "absorb the manufacturing" into its headquarters campus in Wallace, Mich.
The deal was announced July 31 in a brief news release that says the companies' combined brands will blend well for customers.
The release says the acquisition will allow ABS to offer its customers economical standalone drying solutions, while TM customers will be introduced to ABS' products for bulk solids handling, storage and blending.
In an email to Plastics News, Brent Berquist, vice president of sales and marketing at ABS, said find an American-made option to supply drying and dehumidifying equipment was extremely important.
"Finding that company in our backyard, coupled with the exceptionally talented individuals that make up TM and their industry-proven robust products, made the decision even easier," he said.
Berquist added that TM has a significant presence in injection molding and blow molding, "two markets that have, until now, been underdeveloped on the ABS side."
ABS designs and supplies auxiliary equipment including gravimetric continuous blenders, extrusion throughput control weigh hoppers, vacuum and pressure pumps to convey for material, dust collectors, vacuum receivers and angel hair traps.
Thoreson McCosh has been manufacturing standard and custom desiccant dryers, loaders, blenders and material handling systems since 1947. It will now be a division of ABS.
With the addition of TM, ABS has 117 employees operating at two locations, the release says.