Home Hudson Valley Mechanical Rubber acquires New Jersey company

Mechanical Rubber acquires New Jersey company

Mechanical Rubber in Warwick recently announced it acquired Prestige Rubber Manufacturing Corp. of Fairfield, N.J., in January.

Prestige is a manufacturer of rubber elastomer expansion joints and wrapped rubber tubing. Products are sold to manufacturers, users and distributors throughout North America and Europe in the commercial, industrial, military and pharmaceutical markets.

Mechanical Rubber engineers and manufactures rubber, plastic and metal products.

“We at Mechanical Rubber believe that increasing our extrusion portfolio as well as adding rubber expansion joints would expand our capabilities to offer these high-quality products to our HVAC, oil and gas, material handling and military/defense customers as currently provided to our aerospace customers,” said Cedric Glasper, Mechanical Rubber president and CEO, in a statement. “We also felt that the legacy established by Precise Products/Prestige Rubber enhances our capabilities and expertise.”

Prestige’s Steve Kelley has joined Mechanical Rubber and will be responsible for national sales. He spent more than 20 years in rubber products sales and has six years’ experience in aerospace products.

Financial terms of the deal were not disclosed.

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