PF Blog

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


General Motors names BASF 2014 Supplier of the Year

3. April 2015

Joe Schmondiuk, BASF Vice President Global Accounts, OEM Coatings Solutions (center) accepts the GM Supplier of the Year Award from (left) Greg Warden, GM Executive Director, Body Engineering and (right), Randy Pappal, GM Executive Director, Global Purchasing Body Group.

 

BASF received General Motors’ Supplier of the Year Award for the 10th time in the past 13 years. The award was presented to Joe Schmondiuk, Vice President of Global Accounts BASF Corporation, during GM’s annual awards ceremony at Cobo Center in Detroit.

 

“BASF is pleased to have once again earned this recognition from GM,” said Schmondiuk.  “It demonstrates the great commitment and capability of our team to offer the innovative solutions that GM needs. We view GM as a key partner in the automotive industry and are pleased that we were able to support them on several key product launches in 2014.”

 

BASF’s Coatings Division supports GM by combining modern paint processes with special effect pigments and technologies. BASF offers a broad array of color solutions and processes that enable car makers to improve productivity and environmental performance.   

 

“These companies are the best-of-the-best suppliers, and deserving of special recognition for their outstanding contributions,” said Steve Kiefer, GM vice president, Global Purchasing and Supply Chain.  “We’ve had some good ‘wins’ of late, solid sales, strong earnings, and some nice awards, and you should know that we could not have accomplished any of  it without you and your teams, and your hard work.”

 

GM’s Supplier of the Year program began in 1992, and each year a global team of purchasing, engineering, quality, manufacturing and logistics executives determine the winners of the Supplier of the Year Award. Winners represent "World Class" performance leaders in the areas of quality, technology, price and service.


Tawas Plating Becomes Approved ZinKlad Applicator

1. April 2015

One of Tawas Plating Company's plating lines.

 

Tawas Plating Company in Tawas City, Michigan is now an approved applicator for the MacDemid ZinKlad 96 process.
 

ZinKlad processes offer high performance hexavalent chromium-free coatings with a proven consistent quality and a global network of over 75 approved applicators.

 

ZinKlad coatings are compliant with ELV & RoHS legislations and offer predictable torque-tension characteristics.

Tawas Plating Company and Tawas Powder Coating, Inc. was founded by Dr. Paul Chevis in 1954 after retirement from General Motors as a Process Enhancement Consultant. Dr. Chevis intended to do research on a then new plating process called electroless nickel. Soon after engaging in research, at the request of GM, his company became a full-fledged plating operation by electroless nickel plating steering column "knuckles". Since that time the company has evolved into a 65,000 square foot facility that offers its loyal customer base electroless nickel plating, zinc electroplating and powder coating.
 
 
The company is located in Tawas City, Michigan, which is bounded by the Huron National Forest on the west, Lake Huron and Tawas Bay on the East, and the famous Au Sable River on the north.
 
 
For more information, please visit tawasplating.com
 
 
For information on MacDermid's ZinKlad, please visit macdermid.com



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