GEON acquires Cary Compounds to expand its engineered polymer portfolio and strengthen support for wire and cable manufacturers.
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GEON Acquisition of Cary Compounds Strengthens Polymer Portfolio
On July 3, 2022,ย GEON Performance Solutionsย announced that it acquiredย Cary Compounds, LLC, based in Manalapan, New Jersey. The company will consolidate Caryโs assets into GEON manufacturing campuses. As a result, GEON can serve customer needs more efficiently across key regions.
Cary Compoundsโ Reputation in Wire and Cable
Theย Caryย name carries a strong reputation for quality and high-end formulas. That reputation dates back to 1999, whenย Ken Caryย founded the business. Over the years,ย Charlie Caryย and the team expanded that legacy in the wire and cable market. They focused on advanced formulations, responsive customer service, and strong manufacturing expertise as core strengths.
GEON CEOย Tracy Garrisonย praised Caryโs contribution to the industry. He explained that GEON plans to keep the personalized service Cary customers value. At the same time, GEON will introduce an expanded portfolio of highly engineered polymer solutions.
Expanded Polymer Solutions and Customer Benefits
Through this acquisition, GEON gives Cary customers access to a broader range of performance polymers for wire and cable applications. Customers can expect familiar, close technical support. In addition, they gain new material options and development capabilities under the GEON brand.
Garrison emphasized that GEON aims to combine Caryโs industry relationships with its own technology and reach. This combination helps wire and cable manufacturers improve performance, manage supply risk, and respond more quickly to new market needs.
Cary Team Joins a Global Polymer Leader
โWe have been watching GEON expand and evolve in the marketplace and are pleased the tradition of quality and excellence built by the Cary team will now live on in GEON,โ saidย Charlie Cary. He called the acquisition an exciting step for wire and cable manufacturers and for Cary employees. They will now benefit from GEONโs culture, scale, and global leadership.
By joining GEON, the Cary organization connects to wider technical, commercial, and operational resources. Therefore, customers gain a stronger long-term partner for their compound and materials needs.
About GEON Performance Solutions
GEONย is a global leader in the formulation, development, and manufacture of performance polymer solutions. The company employs about 1,000 associates and operates 11 manufacturing plants. Its headquarters sit in a western suburb of Cleveland, Ohio. GEON belongs to the portfolio ofย SK Capital Partners, a private investment firm that focuses on specialty materials, specialty chemicals, and pharmaceuticals.
By integrating Cary Compounds into its network, GEON deepens its position in the wire and cable sector and continues to grow its high-performance polymer solutions for demanding applications.
