PF Blog

Walter Surface Technologies Wins Top Award By Grainger Mexico

13. April 2015

Picture from left to right: Cristopher Chacon, Product & Marketing Director, Grainger; Rosa Fajardo, Operations Director, Grainger; Monica Ortegon. Senior Manager of Product Group; and Pablo Rivero Torres, General Manager Mexico for Walter Surface Technologies.

 

Walter Surface Technologies, a global industry leader in surface treatment technologies, was recognized by W.W. Grainger Inc. with the prestigious “Best Supplier with the Greatest Commitment” award during Grainger Mexico’s presentation gala held in Monterrey, Nuevo Leon.

 

Grainger, a leading global broad-line supplier of maintenance, repair and operating (MRO) products, selected Walter as the best supplier with the greatest commitment for excellent customer service, support and product. Grainger Mexico distributes a wide range of Walter solutions geared to the metal working industry, including the innovative line of Bio-Circle non-toxic and environmentally-friendly industrial parts cleaning solution products.

 

This is the fourth consecutive year that we have won an award from Grainger Mexico.Accepting the award for Walter Surface Technologies was Pablo Rivero, General Manager, Mexico.

 

“Walter Surface Technologies Mexico is committed to delivering the industry’s best products, service and support to Grainger Mexico,” Rivero said.  “We only bring the best solutions to market, and the Grainger organization is exceptional in their ability to deliver our products to a wide range of customers with varying needs.  Grainger is undoubtedly committed to their customers and we will remain committed to helping Grainger expand their business.”

 

Walter Surface Technologies products are available through Grainger in the US, Canada, Mexico and Brazil. Visit walter.com  for more information

 


Dürr Consolidates Campus in Southfield, Michigan

10. April 2015

 

 

Dürr is consolidating all of its Michigan-based business from three locations -- Plymouth, Auburn Hills and Wixom -- into one engineering, research and equipment testing center in Southfield, MI.

 

The building in Southfield was selected due to its location and architectural uniqueness and will require major renovations and modification, said Dave Meynell, Chairman, Dürr Inc. The facility will be expanded to include a validation building together with a testing and training center. By reusing the existing structure and incorporating innovative, cost-effective energy-saving technologies, Meynell said Dürr is demonstrating its commitment to sustainability and energy conservation.

 

Dürr sees its employees as the backbone of the company’s success. To retain and attract the best, Dürr is creating an environment of collaboration and communication. The office layout will be open with the emphasis being on efficient use of space, by using the latest in ergonomic work stations. Currently about 500 employees will move to the new campus.

 

“The Dürr Group has been present in Southeast Michigan for almost 45 years. This substantial investment highlights our commitment to the North American market, our customers and our employees,” said Meynell.

 

Detroit is still the center of automotive technology activities in North America and is supported by a solid supply base infrastructure. Southfield was selected due to its central location and easy access to the major freeways and customers. The local community has been very supportive of this project, underpinned by the efforts of the local authorities, from City Council to the Major’s office.

 

“We are excited that the Dürr Group will soon be joining the Southfield business community in this very important part of the city,” said Acting Mayor Donald Fracassi. “Their selection of Southfield for their new North American campus clearly illustrates that Southfield is open for business and continues to be one of Southeast Michigan’s leading business centers.”

 

Founded in 1970, Dürr USA offers the complete product and service spectrum of Dürr. The Paint and Final Assembly Systems division offers equipment for painting and assembly processes, while Application Technology provides paint application systems. Dürr’s Clean Technology Systems are the global leader in air pollution control and environmental abatement. Dürr also offers Cleaning and Surface processing to a variety of industries. The Schenck Division provides Balancing and Assembly Products.


CCAI Announces New Salt Lake City Chapter

8. April 2015

 

 

The Chemical Coaters Association International is launching a chapter in Salt Lake City, Utah.

A group of enthusiastic members in the finishing industry have planned a kick-off meeting at the Hyatt House in Salt Lake City, UT on April 23.  Ron Lum with Coral Chemical and president of the CCAI Southern California chapter recognized the need and assisted in the effort to initiate an organized chapter in the Salt Lake City area. 

"The new chapter board members have generated a lot of enthusiasm and local support already," he said. "I’m looking forward to seeing a great start to this new chapter and the value it will bring to the Utah finishing industry."


Joe Jeppson with Coral Chemical is taking the reign as the first chapter president along with Ken Nein of IFS Coatings as vice president and Jared Ainsworth of TCI Powder as treasurer. If you or your company services the Salt Lake City region, please spread the word about the chapter and encourage your peers and co-workers to visit the CCAI website (www.ccaiweb.com) and get involved.  Information on the Salt Lake City chapter can be found under the CHAPTERS tab.

 

The Salt Lake City chapter will offer programming to attract finishers throughout the region.  The chapter plans to provide educational meetings with expert speakers and networking activities where you can share information on relevant issues in the industry.  The chapter is currently in the process of scheduling programming for 2015-2016.  Chapters are the heart of CCAI and they provide significant educational and networking opportunities for those in the finishing industry.  To register for the FREE Kick off meeting, visit www.ccaiweb.com and click on the EVENTS tab, then scroll down to find “Salt Lake City - NEW Chapter Kick off Meeting”. 

 


Axalta Sells Shares to Warren Buffett's Berkshire Hathaway

7. April 2015

Warren Buffett

 

Axalta Coating Systems Ltd. announced April 7 that an affiliate of Warren Buffett's  Berkshire Hathaway Inc. has entered into a definitive stock purchase agreement with certain affiliates of The Carlyle Group for the purchase of a total of 20 million of Axalta’s common shares for an aggregate purchase price of $560 million, or $28 per share.

 

According to a media release from Axalta, they will not receive proceeds from the sale of the shares. In connection with the purchase, Berkshire Hathaway agreed that it would not dispose of the shares for 90 days following the consummation of the sale. Axalta has agreed to provide Berkshire Hathaway with certain registration rights following the expiration of that 90-day period.

 

The shares are being offered and sold in a private placement pursuant to Section 4 of the Securities Act of 1933, as amended (the "Securities Act"). The shares have not been registered under the Securities Act, or the securities laws of any other jurisdiction, and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements. This press release does not constitute an offer to sell, or a solicitation of an offer to purchase, the shares in any jurisdiction in which such offer or solicitation would be unlawful.

 

"We are pleased to have Berkshire Hathaway Inc. take this share ownership position in Axalta," said Charlie Shaver, Chairman and CEO. "Berkshire is the type of quality investor that Axalta has been fortunate to attract since our IPO last year. We believe this investment shows Berkshire’s support of our strategy to reshape ourselves into a growth and customer oriented, world class coatings company."

 


TCI Powder Coatings Launches New TruAnodize Powder Coating, AAMA 2604 Product Line

6. April 2015

 

 

TCI Powder Coatings, a powder coating manufacturer and a proud subsidiary of RPM International company, has launched a newly developed powder coating product offering, the TruAnodize line, meeting AAMA 2604 specifications.

 

As part of the TruDurance architectural coatings product line, the powder coatings are designed specifically for architectural applications where the anodized look is desired. The company says the TruAnodize coatings are a smooth, low gloss powder coating applied in one coat with no clear coat required.

 

“We are excited to release this new highly specialized product line consisting of six stock products that offer an outstanding and attractive alternative to current anodized finishes on the market,” stated Steve Jones, Director of National Markets.

 

The six anodized appearances developed to match the most popular anodized colors are Light Bronze LR, Dark Bronze LR, Dark Bronze DR, Champagne LR, Black, and Bonded Clear. Ideal applications for these coatings include windows, doorframes, lighting, benches, wall panels, and rails.

 

The company says the coatings will eliminate the variation problems commonly associated with anodized metals while still meeting AAMA 2604 specifications in a one-coat powder coating.

 

For more information, please visit tcipowder.com




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