January 25, 2018 Updated 1/26/2018
Peacock Colors Inc. From left: Peter Ducato, Randy Stadtfeld, Andy Ubhi, Ed Pedersen and Greg Cherry.
A 93-year-old abstracts close has a new buyer in industry adept Andy Ubhi.
In October Ubhi bought Peacock Colors Inc. of Addison, Ill., from owners Cliff Bloom and Greg Cherry. Bloom and Cherry are grandsons of Frank Bloom Sr., who founded the close as acrylic and ink maker Rainbow Ink in 1925.
Rainbow Ink afflicted its name to Peacock Colors in 1962 and entered the plastics bazaar in 1967 back it bought colorants and additives maker Homer Palmer. Peacock began authoritative plastics blush concentrates in 1994.
Today, Peacock employs 27 at a 25,000-square-foot site, authoritative blush concentrates based on a advanced array of article and engineering resins, as able-bodied as aqueous color, dry blush and blush beads. The close has hundreds of barter and can accumulation actual in sizes alignment from a few pounds to truckloads.
Ubhi has added than 20 years of industry experience, including positions with GE Plastics, Asahi Kasei Plastics and Dow Corning/Multibase. Most afresh he was with Kraton Polymers afore abrogation in 2012 to accompany advance opportunities.
“I had done some acceptable things for a few altered big companies, but
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