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International Polymer Solutions

Announcements

Irvine, CA (October 29, 2012) - International Polymer Solutions (IPS) Inc.

International Polymer Solutions (IPS) is proud to announce the hiring of Mike Hassel as Operations Manager. Mike will oversee the company’s day-to-day operations, and to grow the IPS team into a world-class operation.

Mike brings 18 years of extensive successful manufacturing and operational experience from across many industry segments and markets. His experiences at topnotch organizations such as RainBird, Essilor, Mansfield Plumbing and American Security, have prepared him to help lead IPS in building a high-quality, scalable international organization.

"I am excited to be part of the IPS team," said Mike. "We have huge potential and the resources to serve several underserved niche markets that are begging for quick delivery of Engineered High-Purity Polymer Valves and Fittings."

International Polymer Solutions is a manufacturer of High-Purity Fluid Handling Solutions for both standard and custom industrial applications. The company, the result of a merger between TEQCOM Industries and BECO Manufacturing, is located in Irvine, California.


Irvine, CA (June 25, 2012) - International Polymer Solutions (IPS) Inc.

International Polymer Solutions (IPS) is proud to announce the hiring of Gary Poremski as Regional Sales Manager – East Coast.

Gary’s sales experience in the fluid power and electronics industries, with companies such as Penn-Air & Hydraulics and Pioneer Standard Electronics, have prepared him to help IPS grow its customer and distribution base, both domestically and internationally. His strengths in territory management and relationship development will be a great asset to the organization, and will be crucial to maintaining and fostering IPS customers.

"I believe International Polymer Solutions is in a very good position for growth for many years to come," said Gary. "One of the reasons I chose to join IPS is their ability to manufacture products to customer specifications. You just don’t see that in the marketplace today. Most manufacturers expect their customers to build to their specs. Not at IPS!"

International Polymer Solutions is a manufacturer of High-Purity Fluid Handling Solutions for both standard and custom industrial applications. The company, the result of a merger between TEQCOM Industries and BECO Manufacturing, is located in Irvine, California.


International Polymer Solutions Purchases TEQCOM Industries

Released: January 1, 2012

On December 31, 2011, International Polymer Solutions, Inc. (IPS) signed a definitive agreement to acquire TEQCOM Industries, Inc.

TEQCOM of Santa Ana, California, known for over 20 years as a superior manufacturer of High-Purity Flow Control Products, will immediately join forces with IPS Inc.

In coming months, TEQCOM will merge with IPS’s recently acquired BECO Manufacturing enterprise in the company’s new Irvine, California, location. IPS intends to leverage the best practices, management expertise and manufacturing talent of both companies to enhance its products and services.


Irvine, CA (November 1, 2010) - International Polymer Solutions (IPS) Inc.

International Polymer Solutions (IPS) has hired Dee Castro as Controller, overseeing the Accounting Department of the organization.

Dee brings 20 years of progressive accounting experience from many industry segments, including gas and oil distribution, non-profit, public accounting, mining and manufacturing. Her experiences at organizations such as Deloitte & Touche LLP, Medical Group Management Association, AngloGold North America and Martin Marietta will be instrumental in helping IPS build a high-quality international organization.

International Polymer Solutions is a manufacturer of High-Purity Fluid Handling Solutions for both standard and custom industrial applications. The company, the result of a merger between TEQCOM Industries and BECO Manufacturing, is located in Irvine, California.


The March Group Completes the Sale of BECO Manufacturing Co., Inc. to Lee Capital Acquisition, LLC

Release date: October 5, 2010

CORAL SPRINGS, Fla., – The March Group, LLC, a leading, private mergers and acquisitions advisory firm specializing in the sale of middle-market businesses, announced today Lee Capital’s acquisition of BECO Manufacturing Co. The March Group represented the seller throughout the transaction, which was executed on September 9, 2010.

BECO Manufacturing is a fully integrated provider of engineering and manufacturing solutions for multiple industries, specializing in custom, high-purity plastic valves. The company leveraged its longstanding reputation for service and quality into significant contracts for the fast-growing solar industry. The company is located in Laguna Hills, California."I was ready to retire, so I thought of selling the company," said Jerry Costello, former president of BECO Manufacturing. "It’s great that Lee Capital is taking over the business, and I am confident that with their background and expertise in the manufacturing field, BECO’s products and services will be enhanced further."

Lee Capital is a private equity investment firm focused on investing in or acquiring small, well-established manufacturing companies. It targets niche and engineered-product manufacturers with solid positions in their marketplaces. Its acquisition leadership team has extensive operating experience in the design, manufacture and distribution of mission-critical engineered products. Lee Capital is based in Amherst, New York."There were about four companies that took interest in BECO, but ultimately Lee Capital’s offer proved to be the best," said Roy Moss, The March Group’s managing director for this deal. "That there was a great working relationship between seller and buyer throughout the transaction reinforces their perfect pairing."

Mike Siino of Lee Capital will be managing BECO Manufacturing. With both bachelor’s and master’s degrees in mechanical engineering from the University of California at Davis, as well as an M.B.A. from California State University at Fullerton, Mike has had extensive experience in engineered-product manufacturing.

"BECO is in an exciting growth industry in the U.S. market," said Siino. "Given Lee Capital’s focus on investing in well-established, niche manufacturers, the acquisition of BECO as our first platform within this industry strengthens our commitment to that objective.

"Siino also mentioned that Lee Capital will take advantage of the strong growth opportunities in the solar industry and the other industries serviced by BECO.

Siino has spent the past 15 years at ENIDINE Inc., a premier supplier of engineered solutions for noise attenuation, mechanical shock and vibration isolation, and hydraulic/pneumatic actuation and motion control applications within the global industrial, oil and gas, aviation, defense, rail and automation markets. He joined as director of engineering, and then became VP of engineering and operations until he became president of ENIDINE.

Costello will stay on as a term consultant but fully intends to retire after the transition period. He plans to spend his time indulging in his favorite recreation: playing golf.

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