Silberline Strengthens Commitment in Asia with Yasida Acquisition
TAMAQUA, Pa., November 24, 2008 – Silberline Manufacturing Company - Silberline announced today the acquisition of Yasida and Aesthetic Color-Tech (Jinan) Co., Ltd. from AArbor International Corp. The companies manufacture and sell aluminum pigments under the SILVERKING brand name.
“The Yasida SILVERKING product line is a highly regarded brand in China,” says Lisa Jane Scheller, CEO of Silberline. “This acquisition reinforces our long-standing commitment to providing the most comprehensive products and service to our customers in the Asian marketplace.”
Silberline will continue to market Yasida products in Asia. The SILVERKING product line will complement Silberline’s premium, high quality aluminum pigments, manufactured in facilities in North America, Scotland and Asia.
“Yasida has a unique set of competitive advantages over other local pigment companies,” says Michael Lowe, Managing Director, Silberline Asia Pacific. Those advantages include a highperformance, high-quality product line. The company also holds a number of proprietary product formulations and processes.
China’s economy grew 11.4% (GDP) in 2007. Because demand for plastics, inks and coatings is strongly tied to general economic conditions, the projected demand in China for Silberline and Yasida products remains strong. Recognizing the strength of the Asian markets, Silberline has invested in facilities and offices there. In 2005, Silberline opened a manufacturing, sales and technical center in Singapore. The company also has sales offices in Shanghai and India. In 2009, Silberline will open a state-of-the-art technical service center in Suzhou, which will focus on coatings, plastics and inks.
The company is ISO 9001 and ISO 14001 certified, and manufactures all of their aluminum pigment products at their Jinan factory located in ZhangQiu, ShanDong Province, China. ZhangQiu lies about 30 miles east of the city of Jinan.
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Silberline Asia Pacific