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PAR-FOAM PRODUCTS INC history
PAR-FOAM PRODUCTS INC company history timeline
They are a club with a rich and vibrant history and are recognised as a founder member of the Football League in 1888.
The Edogawa company was one of the country's oldest chemicals producers, established as a Mitsubishi partnership in 1918.
The new subsidiary was named Nihon Styrene Paper (JSP) and launched its operations at a production plant attached to Nihon Gas Chemical's newly built Hiratsuka Research Laboratory, which opened in 1962.
The company's emphasis on research and development paid off in 1967, when the company launched a new generation of styrene-based packaging material.
In 1971, Japan Gas Chemical merged with another fast-growing chemicals company, Mitsubishi Edogawa Chemcial Co., forming Mitsubishi Gas Chemical Company.
The company opened a new plant in Kanuma in 1971.
By then, environmental concerns about the use of polystyrene foam had led JSP to form a new company in 1974 for the production of foam recycling machinery.
In 1977, the company launched its Miraboard line of styrene paper created specifically for the food industry.
In 1978, the company launched a new product, called Mirafoam, providing paneling and insulation products for the construction industry.
In 1980, Sid Kirby retired and sold PAR to Ian Glen and Henry Lewis who between them had over 40 years' experience in the rubber industry.
Japan remained JSP's primary market, however, and in 1980 the company opened a new plant in Hokkaido in order to accommodate rising demand for its polystyrene products.
He would later go on to start PAR (Manchester) Ltd in 1982.
The company's research and development efforts paid off again in 1982 when JSP launched a new type of foamed polystyrene, dubbed P-Block.
In 1983, trading as PAR (Preston) Ltd and PAR (Manchester) Ltd, the companies began to advertise themselves as specialists in all plastic, insulation and rubber products.
In 1985, PAR (Preston) Ltd purchased a second unit (unit 17A) at Higher Walton Mill.
In 1985, JSP launched a United States subsidiary, JSP America Inc., in order to make investments in that market.
By 1986, JSP had launched a wholly owned United States manufacturing subsidiary, J&V Foam Products.
In 1988, PAR (Preston) Ltd moved into larger premises at Club Street, Bamber Bridge approximately 3 miles away.
In 1988, the company achieved a first breakthrough with the launch of its Mirawoody Green packaging technology.
In 1989, JSP launched production of two new material brands: L-Block and Caplon.
In 1991, the company expanded its Arco/JSP joint-venture to Europe, opening a new subsidiary in Belgium.
JSP entered Taiwan in 1992, setting up the joint-venture Taiwan JSP Chemical Co Ltd.
The company began expanding its production capacity, adding two new plants in the United States and a third, under subsidiary JSP Foam Products, in Singapore in 1995.
In 1997, JSP also set up a manufacturing subsidiary in Toluca, Mexico.
The company introduced its first website in November 1999 and awareness of PAR not only spread throughout the UK but also into Europe and worldwide.
Throughout the rest of the 2000's, further investments were made in staff, manufacturing facilities and marketing.
In the late 2000's, PAR (Preston) Ltd introduced automated CNC gasket cutting, welding, forming, industrial stitching machines and further rubber moulding capability.
JSP entered Germany in 2001, buying up a manufacturer of molding materials and equipment to establish JSP International Gmbh & Co.
"JSP-Mitsubishi Foams Merger," Chemical Business NewsBase—Chemical Week , October 30, 2002.
PAR launched the next iteration of their website in July 2003 and recruited within the sales and production departments at both sites.
In 2003, Henry Lewis and Ian Glen decided to retire and the company was taken over by a new management team.
Japan remains the group's largest market, with nearly 74 percent of sales of ¥77,724 million ($735.3 million) in 2004.
In 2011, PAR (Preston) Ltd, PAR (Manchester) Ltd and PAR (Yorkshire) Ltd were merged together and the 'Plastic and Rubber Group Ltd' was formed.
The third edition of the PAR Group catalogue was released on the 8th August 2013 and featured significant improvements from the previous publication.
The 16th December 2013 saw another major development within the company.
On the 13th April 2017, PAR Group launched an online shop; PAR Direct.
In December 2021, PAR Group acquired the business Mountford Rubber & Plastics Ltd.
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