Mearthane Products
Founded Year
1965Stage
Private Equity | AliveTotal Raised
$1.68MAbout Mearthane Products
Mearthane Products manufactures custom-formulated and fabricated open cast, thermoset polyurethane, silicone products, and service solutions. It offers its products to fitness, recreation, food processing, medical devices, military, defense, packaging, paper, and media handling sectors. The company was founded in 1965 and is based in Cranston, Rhode Island.
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Mearthane Products Patents
Mearthane Products has filed 2 patents.
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
3/10/2011 | 8/20/2013 | Digital press, Electrostatics, Electromagnetism, Laser image generation, Elastomers | Grant |
Application Date | 3/10/2011 |
|---|---|
Grant Date | 8/20/2013 |
Title | |
Related Topics | Digital press, Electrostatics, Electromagnetism, Laser image generation, Elastomers |
Status | Grant |
Latest Mearthane Products News
Jan 25, 2023
By COMPASS GROUP Equity Partners, based in Missouri, will partner with and invest in Mearthane Products Corp. in Cranston. / COURTESY MEARTHANE PRODUCTS CORP. CRANSTON – Compass Group Equity Partners, based in Missouri, will make an investment of unknown value into Mearthane Products Corp. as it announces a partnership with the Rhode Island manufacturer. Compass Group, a private equity firm headquartered in St. Louis, partnered with Mearthane for its “long-standing reputation of providing comprehensive design solutions and consistently delivering superior urethane products,” Compass Group Director Bobby Bryan said in a statement. “We are confident MPC has the right management team and capabilities to capitalize on multiple opportunities for continued expansion in the advanced materials sector,” Bryan continued. Mearthane, based in Cranston, manufactures custom thermoset polyurethane and silicone components. - Advertisement - A spokesperson for Mearthane said that the monetary value of the investment has not been disclosed, and a Compass spokesperson did not respond to a PBN inquiry. The Mearthane partnership marks Compass’ fourth active platform investment from its Compass Group Fund II. Mearthane CEO and President Pete Kaczmarek stated that the partnership will support “the next phase of our growth and diversification strategy.” “Our vision is to have the broadest set of thermoset polyurethane formulation and processing capabilities in the industry, and Compass shares our passion for this growing market,” Kaczmarek said. Mearthane has acquired several manufacturers over the past five years, including Snyder Plastics Inc. in Michigan last May, Polyurethane Molding Industries in Woonsocket in 2020 and Creative Urethanes Inc. in Virginia in 2018. Jacquelyn Voghel is a PBN staff writer. You may reach her at Voghel@PBN.com . Want to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber. TAGS
Mearthane Products Frequently Asked Questions (FAQ)
When was Mearthane Products founded?
Mearthane Products was founded in 1965.
Where is Mearthane Products's headquarters?
Mearthane Products's headquarters is located at 16 Western Industrial Drive, Cranston.
What is Mearthane Products's latest funding round?
Mearthane Products's latest funding round is Private Equity.
How much did Mearthane Products raise?
Mearthane Products raised a total of $1.68M.
Who are the investors of Mearthane Products?
Investors of Mearthane Products include Compass Group Equity Partners, Paycheck Protection Program and SEED Venture Finance.
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