The InterTech Group likes to interweave a wide variety of technology-driven manufacturing businesses with other activities, such as business services (image marketing, financial transaction services) and entertainment. The group, a holding company with more than 100 businesses worldwide, puts its primary focus on polymer and elastomer plastics and fiber products, including industrial protective wear and fabrics used by firefighters and astronauts (through its PBI Performance Products subsidiary). Products include gaskets, sealing devices, and woven and nonwoven fabrics.
While specialty chemicals (ultra-high-temperature fibers) is its focus, InterTech Group also owns businesses in a range of industries (including aerospace composite/metal helicopter exhaust systems), financial services, investments, leisure and entertainment (ice arenas), manufacturing, and real estate.
The company’s major subsidiaries include PBI Performance Products, and TIGHITCO.
PBI polymer and fibers were developed for NASA to provide fire protection for the astronauts. Primary products include branded fibers and fabrics for fire service and industrial protective wear, molded shapes and parts for semiconductor and industrial applications, and films for the proton exchange membrane fuel cell market. PBI Matrix and PBI Gold brands are used by fire departments worldwide while PBI Gold and PBI Triguard brands provide lightweight protective apparel for industrial and electrical workers.
PBI's Celazole polymer is used to make compression and injection molded parts for semiconductor and electronic manufacturing tools, thermal insulation parts, and industrial wear and friction applications.
Sales and Marketing
InterTech Group serves a wide range of industries, including aerospace, construction materials, home furnishings, hygiene, medical, power generation, and sporting goods.
Over the past three decades InterTech Group has grown through acquiring scores of businesses, including divisions of Fortune 500 companies such as Celanese, DuPont, Exxon Mobil, and Scott Paper.
InterTech Group is owned by the founding Zucker family.
The company was founded in 1982 by the late Jerry Zucker, who in 2006 led the acquisition of Canada's Hudson's Bay Company (North America's oldest business enterprise). By the time of his death in 2008, Zucker owned more than 300 patents.