Reichhold, Inc. and Ennis Paint, Inc. Announce the Formation of Innovative Performance Systems, LLC
Reichhold's subsidiary Innovative Performance Systems, Inc. has enjoyed a close commercial relationship with Ennis Paint. In 2002, Ennis Paint began toll manufacturing products for Reichhold. In 2003, Ennis Paint began acting as a sales representative of Reichhold.
Tom McSwain, president of Reichhold's subsidiary, Innovative Performance Systems, Inc., will serve as president of IPS. McSwain stated, "IPS will capitalize on the domestic and global technological and market strengths of both Reichhold and Ennis Paint. We look forward to better serving the traffic safety industry. IPS allows us to deliver multiple products to the customer on one shipment and increase overall customer and technical services."
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