Acquisition of QST, Inc. Strengthens Teknor Apex Leadership in Low-Modulus TPEs

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Teknor Apex Company, a technological innovator in low-durometer thermoplastic elastomer (TPE) compounds, announced today that it has acquired QST Inc., a supplier of TPE products located in St. Albans, VT. Under the acquisition agreement, which was finalized on August 20, QST co-founder Larry Monty will continue to manage QST operations worldwide.

"We see a strong strategic fit between our broad TPE product lines and end-use markets and the specialized TPE capabilities of QST," said Jonathan D. Fain, President of Teknor Apex. These include a state-of-the-art compounding facility, in-house product development, efficient customer support, and proven quality assurance programs, he said.

Low-modulus TPEs, which generally exhibit Shore A Hardness values of 65 or less, are growing rapidly in "soft touch" applications such as overmolded grips for toothbrushes, appliances, power tools, and other products. Another active market area is the rep lacement of thermoset rubber products with more cost-effective TPE compounds.

"The acquisition of QST also gives us a cornerstone in our plans to develop a separate Teknor Apex TPE division with a worldwide marketing focus," said Fain.

Contact: Sandra L. Hopkins