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07
April
2017

Grand River Rubber & Plastics Acquires Flat Belt Division from Flexaust

Flat non-reinforced drive business continues to grow for Grand River

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Ashtabula, OH, April 07, 2017 – Grand River Rubber and Plastics, a 100 percent employee owned lathe cut washers, tubular gaskets and flat drive belts manufacturer in Ashtabula, Ohio, has acquired the flat belt division of Flexaust of El Paso, Texas. Flexaust is a world leader in flexible hose and flexible ducting products. Flat belts are used by major OEM’s in the floor care industry on sweepers such as extractor units as well as upright units

"Grand River Rubber has always seen niche markets as its best opportunity to provide value to its customers and opportunity to its employee owners. The acquisition of the Flexaust’s flat drive belt division is a logical next step as we continue to grow and service our valued base of customers worldwide," comments Donald Chaplin, president.

Grand River is continually researching the best combination of materials and processes to maximize field performance. Combining the best practices of Flexaust and Grand River provided optimal performance for the belt, but also on quality, delivery and customer service. Grand River Rubber & Plastics also utilizes advanced statistical process controls to maintain industry leading tolerances and over all dimensional quality.

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22
September
2015

The Growth Partnership for Ashtabula County Honored Leaders in the Business Community

By DAVE DELUCA ddeluca@starbeacon.com

Some 575 Ashtabula County business leaders, entrepreneurs and others active in promoting Ashtabula County were on hand at the banquet center at Spire Institute for the dinner and award ceremony.

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Awards were given in seven categories, including Lifetime Achievement, CEO of the Year, the George H. Kaull Award for Entrepreneurship, Community Vitality, Manufacturing Business Growth and Innovation, Service Business Growth and Innovation, and Workforce Innovation.
The Lifetime Achievement Award went to Joe Misinec and Ric Selip. The award went to recipients who made significant contributions to community economic development over years, left a legacy others should emulate and mentored younger people. For years, the pair ran Grand River Rubber and Plastics Co. before they retired in March.

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15
January
2015

GRAND RIVER RUBBER & PLASTICS EXECUTIVES EARN LEADERSHIP AWARD

Selip & Misinec named co-Executives of the Year by Rubber & Plastics News

Richard D. Selip, president and Joseph A. Misinec, executive vice president of Grand River Rubber and Plastics, a 100 percent employee-owned lathe cut washers, tubular gaskets and flat drive belts manufacturer in Ashtabula, Ohio, have been named co-Executives of the Year by Rubber & Plastics News.
 
This is the first time two top executives have received this honor since the award’s inception in 1989 (and the second time for Selip who was Executive of the Year in 1997). “This is another proud day for Grand River Rubber amongst many during the leadership of these fine gentlemen,” states Donny Chaplin, senior vice president. “Every single day I witness first-hand their commitment to our employee family and can attest to how much we have all learned from their guidance.”

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10
September
2013

Grand River Rubber & Plastics Expands Global Reach into Europe & Asia

from PRWeb

Grand River Rubber and Plastics, a 100 percent employee-owned vacuum cleaner belt manufacturer in Ashtabula, Ohio, has expanded its global reach into Europe by acquiring the flat belt drive division of Icon Polymer Ltd. The deal will bring unprecedented benefits to global customers in the vacuum cleaner industry in terms of quality, technology and services.

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02
September
2012

Labor and management have unique relationship at Grand River Rubber and Plastics Company

by Warren Dillaway

ASHTABULA TOWNSHIP — Many union and management relationships are in tatters as politicians take aim at public unions and many major corporations seek huge concessions.



Leaders at Grand River Rubber and Plastics Company are taking a different path in hopes of helping employees and owners.



So far so good after a January 2011 agreement made employees company owners.

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