Local Tech Wire

DURHAM, N.C. – The founders of chemical services provider Doe & Ingalls in Durham journeyed to Boston more than 20 years ago on a two-fold mission:

1. To start their own company with financial help from Doe & Ingalls
2. To base their company on the model established by Doe & Ingalls, based in Medford, Mass.

The founders returned to Durham with capital and license to use of the Doe & Ingalls name even as the original company operated under the same name in Massachusetts.

On Wednesday, Doe & Ingalls Management, the parent firm of Doe & Ingalls North Carolina and majority held by a New York firm, announced it had acquired the original Doe & Ingalls.

Financial terms were not disclosed.

The combined company will retain all staff and now numbers between 50 and 60 people, according to a company spokesperson.

“By harnessing the strengths of both companies, we are creating a best-in-class supply chain company positioned to grow in our key markets: life science and microelectronics manufacturing,” said John Hollenbach, the chief executive officer of Doe & Ingalls of North Carolina who will oversee the combined firm.

Hollenbach took over as Doe & Ingalls North Carolina CEO in January.

John Elmo and Thomas Merrick founded the Durham firm in 1986. Elmo is retired. Merrick serves on the firm’s advisory board.

“We will continue to work behind the scenes to make the chemical supply chain more robust and efficient for our customers,” Hollenbach said.

The N.C. firm had already operated its own distribution center in Massachusetts. It also has operations in California, Maryland and Florida.

Doe & Ingalls focuses on specialty chemicals and materials used in the life science and microelectronic sectors for use in drug, semiconductor and electronic device manufacturing. The company also plans to offer risk management services, the spokesperson said.

Peter Liebman, CEO of the Massachusetts firm, will serve as an advisor to the combined company’s board.

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