Illinois Tool Works acquires Trymer
GLENVIEW - Illinois Tool Works Inc. Friday announced it has acquired the assets of Trymer polyisocyanurate rigid foam business. The Trymer plant is based in LaPorte, Texas, and manufactures PIR foam used in pipe and mechanical insulation, panel insulation, and for floral arrangements and crafts, among other applications. The agreement also includes a provision for Dow to exclusively supply ITW with extruded polystyrene pipe insulation billets for the mechanical insulation market. Terms of the transaction were not disclosed. Trymer will be a wholly owned business unit of ITW and part of the company's industrial packaging group.
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