LORD Corporation Purchases Business Line of Henkel

    CARY, N.C., June 2 /PRNewswire/ -- LORD Corporation -- a global
 developer and manufacturer of products and technologies that provide
 superior adhesion and bonding, control motion and minimize the effects of
 shock and vibration -- has today completed its acquisition of the
 rubber-to-substrate bonding and rubber coating business assets from Henkel
 KGaA, headquartered in Duesseldorf, Germany.
     The acquired business primarily serves automotive and industrial
 manufacturers of rubber molded and extruded components and includes the
 trade names Chemosil, Flocksil, Cuvertin and Sipiol. The manufacture of
 these products will remain within Henkel's Germany facilities using the
 same raw materials, processes and quality assurance measures. Henkel
 employees performing technical and commercial functions primarily dedicated
 to this business have transferred to LORD.
     "The acquisition of this important business from Henkel allows us to
 work more closely with our European-based global customers and is in line
 with the strategic commitment LORD Corporation has to the European region
 in all areas of activities," said Rick McNeel, President and CEO of LORD
 Corporation. "This transaction enables automotive and industrial rubber
 parts manufacturers access to LORD Corporation's total portfolio of current
 and emerging technologies."
     "We are committed to delivering value by providing an integrated range
 of technology solutions, which enable our customers to reduce their total
 operating costs and improve productivity while enhancing their product
 quality and performance for competitive advantages," adds Eric Ravinowich,
 Regional Director, LORD Corporation (Europe) Ltd. "This acquisition allows
 LORD to combine our current and emerging technologies for high-volume,
 automotive and industrial Noise Vibration Harshness (NVH) device
 manufacturers to resolve many of the challenges prevalent in the European
 and global markets."
     About LORD Corporation
     With headquarters in Cary, NC, USA and sales in excess of $550-MM, LORD
 Corporation is a privately held company that designs, manufactures and
 markets devices and systems to manage mechanical motion and control noise
 and vibration; formulates, produces and sells general purpose and specialty
 adhesives and coatings; and develops products and systems utilizing
 magnetically responsive technologies. With manufacturing in eight countries
 and offices in more than 15 major business centers, LORD Corporation
 employs more than 2,400 worldwide. Visit www.lord.com for more information.
     Contact:  Kimberly Kayler, +1-614-873-6706 or
                kkayler@constructivecommunication.com
               Dawn Astorino, +1 919 468 5980 or dawn.astorino@lord.com
               Ed Conner, +49 2433 525711 or ed.conner@lord.com (Europe)
 
 

SOURCE LORD Corporation

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