TWINSBURG, Ohio—The legacy of the 'Drasner Bag' lives on, and that is good news for custom compounders and rubber processors of all sizes who use the unique batch bags supplied by J. Drasner and Co. Inc.
In fact, the legacy of the entire company remains intact, as J. Drasner is now under the auspices of HB Chemical Corp., which acquired the Beachwood, Ohio-based bag, film and stearate supplier Feb. 28.
Terms of the transaction between the two Northeast Ohio companies were not disclosed.
"They are a service-minded business just like us," said Joe Moran, vice president HB Chemical, which is located in a 150,000-sq.-ft. site in Twinsburg. "They have a very mom-and-pop feel to them, with a great infrastructure.
"Like us, they can service the smallest to the largest (companies), and they have always had a personal touch in their operations. They will fold in nicely with us, and we are so excited to work side-by-side with them now."
HB Chemical and J. Drasner may not have shared ownership before, but they have maintained a rich, two-decade business partnership.
Since J. Drasner's low-melting point batch inclusion bags are a key element for any custom compounder, as are the specialty additives and chemicals supplied by HB Chemical, the two companies have crossed paths in the non-tire rubber, tire and plastics industries for more than 20 years.
"We are very excited about this combination," said Jason Drasner, president of J. Drasner and Co. "HB Chemical has an outstanding team and together, we will be able to offer our customers better service and more products than ever before."
The company brings six employees into the fold for HB Chemical (for a total of about 36 for HB Chemical), and no personnel changes are anticipated with the transition, Moran said.