PHILADELPHIA (Sept. 30) — Stockwell Rubber Co. Inc. has changed its company name to better reflect the materials and markets it supplies.
The Philadelphia-based firm — now known as Stockwell Elastomerics Inc. — has a niche in fabricated or molded products made from specialty elastomers as opposed to traditional rubber, according to company President William B. Stockwell.
Only about 20 percent of the company´s business is in rubber materials such as neoprene, EPDM and Buna-N, while about 50-60 percent is in silicone and 20-30 percent is in urethane, foams and sponges, he said.
His great-grandfather started the company 86 years as a distributor of mechanical rubber products such as hose, belting and packings, Stockwell said. Those items haven´t been in the firm´s product line for more than 20 years, and despite the evolvement of the business in other sectors, the name was retained out of tradition, he said.
Today, 75 percent of Stockwell Elastomerics´ revenues are within the technology and communications arena, Stockwell said.