FOR IMMEDIATE RELEASE

CRANSTON, R.I., June 1, 2023 – Mearthane Products Corporation (MPC) announced today that it has completed the acquisition of American Urethane, Inc., a manufacturer of custom thermoset polyurethane products based in Odenton, MD. This strategic acquisition marks another milestone for MPC following its recent successful expansions, including the acquisitions of Whitefield Plastics Corporation (WPC) of Houston, Texas in April 2023, Merritt Precision Products (MPP) of Apex, NC in February 2023, Precision Elastomers Inc. (PEI) of Ipswich, MA in December 2022, and Snyder Plastics (SPI) of Bay City, MI in May 2022.

American Urethane specializes in the development and production of custom-formulated thermoset polyurethane products for diverse applications across multiple industries. The acquisition of American Urethane allows MPC to further expand its market reach and strengthen its position as a global technology leader in the polyurethane industry. “We are thrilled to welcome American Urethane into the MPC family,” stated Pete Kaczmarek, CEO of MPC. “They are experts at manufacturing custom thermoset polyurethane components for unique, high value applications, with a special focus on factory automation and robotics applications. American also shares our commitment to delivering exceptional quality and customer satisfaction, and their capabilities will enhance our ability to provide innovative solutions to a broader range of industries and customers.”

Jude Masters, Owner and President, began his journey at American Urethane’s inception and has led the remarkable growth of the company. He will work closely with the MPC team to ensure a seamless transition for customers and employees. “We are excited to join forces with MPC and leverage their extensive resources and capabilities,” said Jude Masters. “Together, we will continue to meet and exceed the evolving needs of our customers while driving innovation in the polyurethane industry.” Mr. Masters added, “With MPC, we have found a great home for the continued growth of our business.” American Urethane’s team and operations will remain in its current Odenton, MD location.

About Mearthane Products Corporation (MPC)

Mearthane Products Corporation (MPC) is a global technology leader in the development and manufacture of advanced polyurethane products. Building on over 55 years of formulation and processing experience, MPC partners closely with customers to develop innovative solutions to their toughest challenges in fitness & recreation, military & defense, medical devices, office automation, and a wide variety of industrial and consumer applications worldwide. MPC’s products are made in the USA and shipped all over the world.

For more information, please visit: www.mearthane.com

About American Urethane

American Urethane is a leading manufacturer and supplier of custom-engineered polyurethane products. With a strong focus on delivering outstanding performance and customer satisfaction, the company designs, formulates, and produces tailored polyurethane solutions for a diverse range of industries.

For more information, please visit: www.americanurethane.com