PPG Acquires Chicago's Alpha Coating Technologies
Alpha focuses on the development, manufacture and sale of powder coatings for light industrial applications, medium density fiberboard and heat-sensitive substrates.
PPG is acquiring Chicago-based Alpha Coating Technologies, a manufacturer of powder coatings for light industrial applications and heat-sensitive substrates. The transaction is expected to close in the first quarter of 2020, subject to customary closing conditions. Financial terms were not disclosed.
Founded in 2000, Alpha focuses on the development, manufacture and sale of powder coatings for light industrial applications, medium density fiberboard and heat-sensitive substrates; and toll manufactures powder coatings for metal and light industrial applications. Alpha employs approximately 35 people at its operations in West Chicago, Illinois.
“Alpha’s best-in-class service, technology and quick turnaround color matching capabilities will be a strategic complement to PPG,” says Kevin Braun, PPG vice president, Industrial Coatings, Americas. “We are pleased to welcome Alpha into the PPG family and continue providing our customers with outstanding products and services.”
Related Content
-
Reduced, Reused and Recycled Powder Coatings Are the Future
They say necessity is the mother of invention, and with millions of pounds of powder coating going into landfills a year, these two companies have found novel approaches to dealing with this waste stream.
-
Products Finishing Reveals 2024 Qualifying Top Shops
PF reveals the qualifying shops in its annual Top Shops Benchmarking Survey — a program designed to offer shops insights into their overall performance in the industry.
-
Masking Solutions Provider CFS Dramatically Expands Capabilities and Capacity
Custom Fabrication & Supplies (CFS) completed a new plant expansion packing 10 times the capacity into twice the space. It dramatically enhances the supplier’s custom capabilities to provide extremely precise and cost-effective masking solutions.
