Composite materials manufacturer that consumes rubber and plastic scrap will have new ownership after 20 years.
Rumber Materials Inc., a composite materials manufacturer based in Muenster, Texas, has been acquired by a group led by brothers Brian and William Adams. The acquisition ends 20 years of company leadership under the Fischer family.
The new ownership group says it will keep the company’s Muenster plant open and plans to expand the company’s business into new areas.
“We greatly admire the excitement and dedication we see at Rumber,” says Brian Adams, the new CEO of Rumber. “From our very first visit to Muenster, it was apparent that each and every employee truly cares about the products being produced. You can see it in the results and in how they have conducted their business.”
Rumber Materials manufactures composite boards, sheets and molded products from 100 percent recycled tire rubber and plastics. Rumber products are used in livestock equipment, oil and gas, military, aviation and marine applications.
“Strong and durable Rumber products have served countless hard-working people in a variety of applications for more than two decades,” says William Adams, COO of Rumber. “Combine that with the steadily growing demand for environmentally friendly, 100-percent-recycled products, and there are opportunities to maintain and grow our business for generations to come.”