News

Q Holding Company appoints Thomas J. Hook as CEO

News | September 7, 2017

TWINSBURG, OH, September 2017 – Q Holding Company (“Q” or “the Company”) announced today that Thomas J. Hook has joined the Company as Chief Executive Officer to lead Q through its next phase of growth.

Tom brings extensive operational experience across multiple industries, most recently in the Medical Technology Markets. Prior to joining Q, he was President & CEO of Integer Holdings Corporation, the largest medical device outsource (MDO) manufacturer in the world.  Integer’s brands include Greatbatch, Lake Region Medical, and Electrochem.

Cary Glay, Interim CEO and Executive VP & CFO, Q Holding, commented:

“We look forward to welcoming Tom as CEO. Q will strongly benefit from his deep knowledge and experience in the healthcare and industrial markets as the organization continues to focus on expanding each of its business lines. He also has extensive experience in building and integrating companies, which makes him well suited to lead Q at this time. Under Tom’s leadership, Integer grew from a $200 million to a $1.4 billion revenue business through a combination of very strong organic and acquisitive growth. We feel his expertise will be of great value in supporting Q’s future growth.”

Richard Relyea, Managing Director 3i North America, investor in Q Holding, added:

“We are excited to be partnering with Tom to continue to build Q. We are confident that under his leadership, the Company will further advance its position as the leading global supplier of highly engineered elastomeric components and devices for the high growth healthcare and electrical management markets.”

Thomas Hook, CEO, Q Holding, commented:

“It is a distinct honor to join Q Holding and lead the next phase of transformative growth for the company.  I am delighted to partner with both 3i and the Q leadership team to drive the Company’s strategic growth plans.  Q’s extensive engineered materials and manufacturing capabilities provide a strong foundation to aggressively expand in the healthcare and industrial markets.”

Tom started his career as a Nuclear Engineer in the US Navy.  His experience includes engineering & executive roles with Duracell, VanOwen Group, General Electric and CTI Molecular Imaging.  He holds an MBA from Vanderbilt University, a Masters in Chemistry from the State University of New York at Buffalo and a BS in Chemistry and Mathematics from St. Bonaventure University.

Permalink

News | September 7, 2017

TWINSBURG, OH, September 2017 – Q Holding Company (“Q” or “the Company”) announced today that Thomas J. Hook has joined the Company as Chief Executive Officer to lead Q through its next phase of growth. Tom brings extensive operational experience across multiple industries, most recently in the Medical Technology Markets. Prior to joining Q, he was President & CEO of Integer Holdings Corporation, the largest medical device outsource (MDO) manufacturer in the world.  Integer’s brands…

Read more

Zack Beier Featured in Rubber & Plastics News Under 40 Class Issue

News | August 16, 2017

Zack Beier, Q Holding Company’s Director of Purchasing, was recently featured in the Rubber & Plastics News (R&PN) Under 40 Class of 2017 issue. According to R&PN, Beier was selected because of his ability to help Q maintain a steady supply of raw materials to sustain strong growth for the last seven years, navigating challenges like strikes, bankruptcies and force majeure situations. Read article: 07.24.17 Under 40 Edition

Read more

News | August 16, 2017

Zack Beier, Q Holding Company’s Director of Purchasing, was recently featured in the Rubber & Plastics News (R&PN) Under 40 Class of 2017 issue. According to R&PN, Beier was selected because of his ability to help Q maintain a steady supply of raw materials to sustain strong growth for the last seven years, navigating challenges like strikes, bankruptcies and force majeure situations. Read article: 07.24.17 Under 40 Edition

Read more

Q Holding Company’s Qure Medical to Merge with Degania Silicone Ltd.

News | November 28, 2016

Q Holding announced today that it has entered into an agreement to purchase Degania Silicone Ltd. (“Degania”), a leading international manufacturer of medical catheters. Degania represents a transformative acquisition for Q Holding, creating a market-leading medical device and component manufacturer offering complete flexible technology solutions for healthcare applications.  Degania produces critical end products that are used on a daily basis in healthcare settings in applications such as cardiology, general surgery and drug delivery. Degania employs…

Read more

News | November 28, 2016

Q Holding announced today that it has entered into an agreement to purchase Degania Silicone Ltd. (“Degania”), a leading international manufacturer of medical catheters. Degania represents a transformative acquisition for Q Holding, creating a market-leading medical device and component manufacturer offering complete flexible technology solutions for healthcare applications.  Degania produces critical end products that are used on a daily basis in healthcare settings in applications such as cardiology, general surgery and drug delivery. Degania employs…

Read more

QSR Establishes Mexican Operation

News | November 3, 2016

By Chris Sweeney, Rubber & Plastics News Staff QUERETARO, Mexico-Quality Synthetic Rubber lnc. is venturing south of the border. The unit of Q Holding Co. will establish a manufacturing facility dedicated to producing primarily silicone electrical connector seals and insulators for industrial applications, mainly automotive and aerospace. The 65,000-sq.-ft. plant will be operational on Nov. 15 and is projected to create 135 jobs. QSR is making an initial capital equipment investment of $3 million for…

Read more

News | November 3, 2016

By Chris Sweeney, Rubber & Plastics News Staff QUERETARO, Mexico-Quality Synthetic Rubber lnc. is venturing south of the border. The unit of Q Holding Co. will establish a manufacturing facility dedicated to producing primarily silicone electrical connector seals and insulators for industrial applications, mainly automotive and aerospace. The 65,000-sq.-ft. plant will be operational on Nov. 15 and is projected to create 135 jobs. QSR is making an initial capital equipment investment of $3 million for…

Read more

A Happy Anniversary – QSR and Q Holding Celebrate Milestone at Ohio Facility

News | November 3, 2016

By Chris Sweeney, Rubber & Plastics News Staff TWINSBURG, Ohio – lt’s been a long journey for QSR and Q Holding Company. The firm started out of a one-garage house in Oakwood Village, Ohio. Now, 50 years later, it operates a more than 80,000-sq.-ft. facility in Twinsburg, manufactures product in China and Europe with a facility in Mexico forthcoming, and formed Q Holding Co., which oversees the QSR industrial business and its more recent Qure Medical…

Read more

News | November 3, 2016

By Chris Sweeney, Rubber & Plastics News Staff TWINSBURG, Ohio – lt’s been a long journey for QSR and Q Holding Company. The firm started out of a one-garage house in Oakwood Village, Ohio. Now, 50 years later, it operates a more than 80,000-sq.-ft. facility in Twinsburg, manufactures product in China and Europe with a facility in Mexico forthcoming, and formed Q Holding Co., which oversees the QSR industrial business and its more recent Qure Medical…

Read more

School Program Paying Off for Quadra

News | May 24, 2016

NORTH CANTON, Ohio-One of the big challenges facing the rubber industry is the need to find young, qualified employees. Quadra Tooling and Automation may have found a solution. The subsidiary of Q Holding Co. has partnered with the R.G. Drage Career Center’s Precision Machining program to give qualified juniors and seniors a chance to shadow, and possibly work, at the firm. Quadra started the program in 2015, bringing in four juniors on a two-day job…

Read more

News | May 24, 2016

NORTH CANTON, Ohio-One of the big challenges facing the rubber industry is the need to find young, qualified employees. Quadra Tooling and Automation may have found a solution. The subsidiary of Q Holding Co. has partnered with the R.G. Drage Career Center’s Precision Machining program to give qualified juniors and seniors a chance to shadow, and possibly work, at the firm. Quadra started the program in 2015, bringing in four juniors on a two-day job…

Read more

Qure Medical Acquires UK-headquartered Silicone Altimex

News | August 5, 2015

Press Release Provides the company with expanded capabilities in Europe TWINSBURG, Ohio, August 3, 2015 – Q Holding Company, d.b.a. Qure Medical, with corporate headquarters in Twinsburg, Ohio, has acquired UK-headquartered Silicone Altimex, announced Randy Ross, President and CEO of Qure Medical. Financial terms of the agreement were not disclosed. Qure Medical provides integrated elastomer solutions to medical device manufacturers. Silicone Altimex is one of Europe’s leading independent manufacturers of cleanroom-produced silicone tubing components and…

Read more

News | August 5, 2015

Press Release Provides the company with expanded capabilities in Europe TWINSBURG, Ohio, August 3, 2015 – Q Holding Company, d.b.a. Qure Medical, with corporate headquarters in Twinsburg, Ohio, has acquired UK-headquartered Silicone Altimex, announced Randy Ross, President and CEO of Qure Medical. Financial terms of the agreement were not disclosed. Qure Medical provides integrated elastomer solutions to medical device manufacturers. Silicone Altimex is one of Europe’s leading independent manufacturers of cleanroom-produced silicone tubing components and…

Read more

Qure buys Tompkins, boosts pharmaceutical unit

News | February 11, 2014

TWINSBURG, Ohio—Qure Medical has purchased Tompkins Pharmaceutical Rubber in a deal that will boost Qure’s offerings to the pharmaceutical side of the medical business. The unit of Twinsburg-based Q Holding Co. closed the deal Jan. 24 and sent out a letter that day to Tompkins customers saying that Qure would work with them to make the transition period as seamless as possible. Terms of the deal and how much revenue the Tompkins business posted were…

Read more

News | February 11, 2014

TWINSBURG, Ohio—Qure Medical has purchased Tompkins Pharmaceutical Rubber in a deal that will boost Qure’s offerings to the pharmaceutical side of the medical business. The unit of Twinsburg-based Q Holding Co. closed the deal Jan. 24 and sent out a letter that day to Tompkins customers saying that Qure would work with them to make the transition period as seamless as possible. Terms of the deal and how much revenue the Tompkins business posted were…

Read more

Simulation of Rubber Products is a Growing Industry

News | February 11, 2014

NORTH CANTON, Ohio—Giving proper simulation of rubber product processing remains difficult, but there has been much improvement in recent years, and its usage is increasing. “The difficulty in simulating rubber is it is a non-linear simulation,” said Tony Johnson, senior tooling engineer for mold making at Quadra Tooling & Automation, a unit of Q Holding Co. He is responsible for the mold design department at Quadra’s facility in North Canton, and he also assists in…

Read more

News | February 11, 2014

NORTH CANTON, Ohio—Giving proper simulation of rubber product processing remains difficult, but there has been much improvement in recent years, and its usage is increasing. “The difficulty in simulating rubber is it is a non-linear simulation,” said Tony Johnson, senior tooling engineer for mold making at Quadra Tooling & Automation, a unit of Q Holding Co. He is responsible for the mold design department at Quadra’s facility in North Canton, and he also assists in…

Read more

Quality, quantity drive new projects for Q Holding

News | January 14, 2014

TWINSBURG, Ohio—Q Holding Co. has projects underway that will bolster its Qure Medical operations in Wisconsin and also bring online new plants in China for its automotive and medical businesses. The projects include spending about $1.5 million to build and equip an 8,000-sq.-ft., Class 100,000 clean room within Qure Medical’s 90,000-sq.-ft. facility in Sturtevant, Wis., that will help the firm more aggressively pursue high-volume business. When that is completed early this year, the current clean…

Read more

News | January 14, 2014

TWINSBURG, Ohio—Q Holding Co. has projects underway that will bolster its Qure Medical operations in Wisconsin and also bring online new plants in China for its automotive and medical businesses. The projects include spending about $1.5 million to build and equip an 8,000-sq.-ft., Class 100,000 clean room within Qure Medical’s 90,000-sq.-ft. facility in Sturtevant, Wis., that will help the firm more aggressively pursue high-volume business. When that is completed early this year, the current clean…

Read more