Quanex has acquired LMI Custom Mixing in a move to expand its polymer solutions expertise and enhance polymer solutions for its existing businesses.
Cambridge, Ohio-based LMI is a polymer solutions provider that focuses on advanced methods for mixing rubber compounds for the most demanding applications. Quanex states that LMI was brought on board for its complementary technology and shared culture.
“LMI has been one of our important vendor partners for a long time, and we’re excited to welcome them to the Quanex family,” says Quanex president Bob Daniels. “We’re confident their expertise will help us solidify and enhance our portfolio of solutions in the areas where we do business today, and as we seek to diversify, the LMI team will be essential in allowing us to develop innovative new compounds and meet our growth goals.”
LMI will now be known as Quanex Custom Mixing. LMI team members will transition employment to Quanex.
“As a part of Quanex, we’ll strengthen our dedication to the custom mix market, while offering new capabilities and opportunities for our customer base to grow as we expand our portfolio of products,” says LMI general manager Jim Nixon. “Our team is looking forward to working with a company that shares our culture and is strategically aligned with how we do business.”