Reichhold Chemicals

By: Bubbajunk.com

Reichhold Chemicals was started in 1924. Reichhold has been making a difference as a leading provider of synthetic materials and innovative technologies from last 81 years, when at the age of 23, Henry Reichhold immigrated to the U.S. from Germany and found employment in the paint department of the Ford Motor Company. The paint industry was not new to Henry; his father started working for a paint manufacturing business in Berlin, Germany, managing the development of its paint products, and consequently acquired the business.
 
Reichhold continues to be a global supplier to the composites, coatings and graphic arts markets. Reichhold developed a large range of polymers for the coatings industry and extended into other areas including latex emulsions and unsaturated polyesters for composites fabricators. Reichhold went public on the NYSE in 1955. In 1985, Reichhold acquired Swift Adhesives, marking the company's entry into the manufacturing of formulated adhesives. At that time, Reichhold was organized into four divisions such as Coating Polymers, Reactive Polymers, Emulsion Polymers and Swift Adhesives.

Dainippon Ink and Chemicals (DIC) acquired Reichhold in 1987. Through DIC, the company gained resources from one of the world's largest chemical companies and the purchase of Reichhold also moved DIC into new markets and expanded its presence in existing markets. The company has moved to a strategic business unit structure including composites, coatings, emulsions and adhesives. Even at the beginning of this structure, management was clear that the ultimate objective of globalization would soon be realized, transforming the company from an organization that operated on a regional basis to a company that services customers worldwide.

In September of 2005, the executive management team of Reichhold completed a management buyout of the company from DIC. Presently, the company has focuses its resources and technologies on central markets, resins and other materials for the composites, coatings and graphic arts markets.

Reichhold is one of the world's leading suppliers to the composites, coatings and graphic arts markets. The company has 1,600 employees; Reichhold has the global resources to handle customer business challenges. Combining the capacity, innovation, technology and research of their South American, North American, Middle East and European operations makes them a world leader in markets.