Of manufacturers planning to add production capacity over the next five years for goods consumed in the U.S., more plan to add that capacity in the U.S. than in any other country.
The agreement reportedly covers the global rights related to the formulation and manufacturing process in addition to customer information to 11 solvent acrylic PSA products.
RPM International Inc. recently reported a 20% increase in net income and a 19% increase in earnings per diluted share on an 8% sales increase for its fiscal 2016 second quarter.
ASI will reportedly continue as a strategic subsidiary of Royal Adhesives & Sealants focusing on the assembly adhesives market through its global distribution network.
January 6, 2016
Royal Adhesives & Sealants LLC recently announced it has acquired Adhesive Systems Inc. (ASI).