| Adhesives
Research, Inc.
Many years
ago, (1984 and 1991) YCEDC helped to coordinate PIDA loans for Adhesives
Research to help fund selected expansions at the company’s
corporate headquarters and U.S. manufacturing site in Glen Rock,
PA.
These expansions
were just the beginning for this international developer and manufacturer
of high-performance, custom pressure-sensitive adhesive tapes, films,
laminates and coated products. Adhesives Research has had organic
growth, since the mid-1990’s which has been funded, to a large
extent, from retained earnings. In fact its growth has gone way
beyond Glen Rock, into Europe and Asia as well.
This growth
has included a new R&D Center, Quality Control facilities, as
well as a new 26,600 square foot plant to produce dissolvable films
for consumer and oral care products. There have also been expansions
of existing plant facilities. The company also broke ground on another
new adhesive systems and dissolvable films plant for the pharmaceutical,
OTC and nutraceuticals. in 2003. This 15,000 square-foot plant,
opened the first quarter of 2004, manufactures custom adhesive systems
and dissolvable films for the delivery of active ingredients found
in pharmaceutical prescription and over-the-counter (OTC) products,
and is compliant to all pharmaceutical regulations as required by
the Food and Drug Administration (FDA).
Adhesives Research
has also experienced much growth overseas, including the building
of a new manufacturing plant in Limerick Ireland in 1999 to service
the European Market and the establishment of new sales and marketing
offices in the UK and Germany. It also opened a sales and marketing
office in Singapore to accommodate a growing market for its products
in Asia. A new technical center opened November 2003 at the Singapore
site. Today, Adhesives Research employs just over 400 people at
its Glen Rock Global headquarters and nearly 500 globally.
Adhesives Research,
Inc. is one of the world's leading independent developers and manufacturers
of high-performance, specialty pressure-sensitive adhesive-coated
products. Adhesives Research’s pressure-sensitive adhesives
are used around the world in medical diagnostics and devices, wound
care, pharmaceuticals/transdermals and consumer products, as well
as other diverse markets such as the electronics, industrial and
pulp and paper industries.
Adhesives Research,
Inc. also operates manufacturing facilities in Ireland, Australia
and Colombia, has sales and marketing offices in Great Britain,
Germany and Singapore, and sales representation in Taiwan and Japan.
*In 2006, Adhesives
Research announced it will build a new pharmaceutical plant on the
grounds of its headquarters. The 50,000-square-foot plant will serve
the company’s new ARx division, which makes drug-delivery
systems for pharmaceutical clients. The facility will house about
60 current employees, said George E. Cramer Jr., an Adhesives Research
vice president. Adhesives Research also expects to hire new workers,
but it is not yet clear how many. The plant will make films that
deliver drugs by dissolving in the mouth. The films allow for precise
dosages and help patients who cannot swallow. Adhesives Research
expects rapid growth in its ARx division. Cramer said ARx needs
a dedicated building because of the sensitive nature of the manufacturing,
which is regulated by the U.S. Food and Drug Administration. The
company will break ground at the plant on Jan. 27 and hopes to have
the facility ready within a year. A construction cost estimate was
not available. - David Dagan, Central Penn Business Journal Daily,
1/5/06
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