Paratronix Inc. : A Division Of MicroChem
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PARATRONIX MOVE NOTIFICATION

Paratronix has tentatively set the operations move date from our Attleboro site to the new Westborough facility for September 2-4, Labor Day weekend.
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MEET PARATRONIX PARENT AND AFFILIATED COMPANY

As a result of the acquisition by MicroChem Corp. in 2016, Paratronix is now proud to be affiliated with two innovative, client-focused companies serving a broad array of industries and applications within electronics manufacturing. We invite you to learn more about them here:

MicroChem

For specialty chemicals including photoresists, optical dyes and ancillary materials for MEMS, Microelectronics, Advanced Lithography, Specialty Displays, Packaging, Optoelectronics and other dynamic technology markets:
http://www.microchem.com

For functional electronic inks, coatings, epoxies and compounds used to manufacture electronic products—both rigid and flex circuits, EMI/RFI shielding applications, RF antennas and for thermal management within electromechanical assemblies:
http://www.appliedinksolutions.com



PARATRONIX ACQUIRED BY MICROCHEM CORP.

Paratronix Inc. is pleased to announce that it has entered into an agreement with MicroChem Corp (MCC) of Westborough, MA in which MCC acquired the stock of Paratronix, effective June 30, 2016.

MicroChem, established in 1992, develops and manufactures specialty chemicals including photoresists, optical dyes and ancillary materials for MEMS, microelectronics, advanced lithography, specialty displays, packaging, optoelectronics and other dynamic technology markets. The company's innovative material platforms, multi-industry experience, applications expertise, interdisciplinary perspective and credentials, and culture of collaboration—from development through production—make MicroChem a preferred partner to technology startups and Fortune 50 companies alike—and the right fit for Paratronix going forward.

This acquisition is part of a broad, ongoing search by MicroChem for opportunities to augment its existing materials technologies with additional new and innovative products and services. It is an acquisition that will deliver synergies benefiting customers of both companies. Paratronix's coating technology provides a uniquely complementary enhancement to a number of MicroChem products while MicroChem's new, 75,000 SF high tech facility enables future expansion of Paratronix manufacturing capacity. Additionally, MicroChem's financial strength and core competencies in product collaboration and development, application engineering support, and manufacturing and supply chain management will support Paratronix future growth and product innovation.

As a result of this acquisition, Paratronix will be a wholly owned subsidiary of MicroChem Corp. Given Paratronix's strong, respected brand recognition in the markets we serve, the coating services and the equipment will continue to carry the Paratronix name.

The companies plan to consolidate operations into MicroChem’s 76,000 square foot Westborough, MA facility over the next twelve months. An experienced integration team comprised of MicroChem and Paratronix employees will ensure a smooth transition and integration.

FOR MORE INFORMATION, PLEASE CONTACT:
Craig Barter
Business Development Specialist
Paratronix, Inc.
craig@paratronix.com
508-222-8979

Tom Sutter
Global Business Development Director
MicroChem Corp.
tsutter@microchem.com
617-831-2278


© Paratronix, Inc.

129 Bank Street, Attleboro, MA 02703 · info@paratronix.com