Advertisements

PPG to Acquire Alpha Coating Technologies, Light Industrial Powder Coatings Manufacturer

PPG (NYSE: PPG) today announced that it has reached a definitive agreement to acquire Alpha Coating Technologies, LLC (“Alpha”), 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,” said 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.”

Source: PPG

PCE NEEDS YOU

PCE needs your support to continue activities and to improve services. Therefore, please finance PCE by paying your participation to PayPal account below. It is not necessary to be registered on PayPal to use this service. Thanks in advance!

$5.00

Note to readers:

  • Please follow us on LinkedIn and Twitter and subscribe to our website and receive notifications of new posts by email.
  • Please click the share buttons below and make a comment.

 

Advertisements
Advertisements

One thought on “PPG to Acquire Alpha Coating Technologies, Light Industrial Powder Coatings Manufacturer

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Advertisements
Advertisements
Advertisements
Advertisements
Advertisements
%d bloggers like this: