ITW expands Latin American holdings

DANVERS, Mass. (May 19)—Through its Mexican subsidiary, ITW Polymex, ITW Performance Polymers has acquired Mexican automotive aftermarket chemicals supplier Qumica TF. Performance Polymers will consolidate the manufacturing operations of Qumica and its Devcon de Mexico unit in a new facility near Queretero, Mexico. The purchase is the latest in a series of acquisitions aimed at strengthening both ITW Performance Polymers´ presence in Mexican, Latin American and South American markets as well as the firm´s manufacturing capabilities and capacity in the regions, Performance Polymers said.