IPS Structural Adhesives is leveraging its merger with Holdtite Adhesives Ltd. to create a new brand, expand production capacity and introduce new technologies to a broader array of markets, the company said.
The expansion, including a move to a new facility in the U.K., includes new investment in people, technology, equipment and processes. The investments allow IPS, which in the United States is based in North Carolina, to offer a broader product portfolio of structural and engineered adhesive solutions while focusing on new product and application development.
IPS also has plans to merge its brands - Weld-On, Holdtite, and Macroplexx - into a single brand. The new Scigrip Smarter Adhesives Solutions brand will debut at the JEC Composites show in Paris.
"We take seriously our commitment to be true solutions providers for our customers, and this merger will enhance our abilities with a much broader technology platform," IPS president John Reeves said in a statement.
"Weld-On, Holdtite and Macroplexx have strong research-and-development teams focused on addressing our customers' specific application demands with proven solutions," he added. "It's a great marriage of two strong product lines."