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A West Hartford-based manufacturer of industrial chemicals and minerals has entered the tire manufacturing market after acquiring a Tennessee producer of rubber additives.
Rose Mill Co. announced Tuesday its purchase of PPS/Chempac, which will bring the Tennessee company’s six jobs and rubber pre-processing operations to West Hartford by year-end. More jobs will be added in future years, Rose Mill President Jay Stolfi said.
Terms of the purchase were not disclosed.
Under the acquisition, the combined companies will continue PPS/Chempac’s operation in West Hartford, processing dry minerals and chemicals for tire manufacturers.
PSS/Chempac will operate under its current name for existing contracts and under Rose Mill’s title in new deals.
Rose Mill considered moving the company to Tennessee for its tax advantages, lower labor and utility costs, but remained in Connecticut to bring additional jobs and business to the area, Stolfi said.
Founded in 2008, the West Hartford manufacturer is a supplier and processor of borates and borate-based products used worldwide in a variety of products like high-tech glassware and phone and TV screens.
Rose Mill buys raw minerals from mining companies around the world, including Turkey, California and Argentina, and mechanically processes them through grinding and screening processes, Stolfi said.
They operate in a 20,000-square-foot facility on 100 Brook St. in West Hartford.
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