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Industry News from our Publication Partner - Products Finishing

Kremlin Rexson, Sames Merge Into Sames KremlinOpen in a New Window

Liquid and powder application manufacturer Kremlin Rexson and Sames have announced the companies are merging within the Exel Industries group and rebranding under the global organization with the name Sames Kremlin. With the pending merger of the company’s factories, Sames Kremlin also introduces its new global website. The new design features streamlined menus, clear navigation and a responsive layout for all platforms with improved content structure. According to the company, the new website reflects its global offering of six product ranges and solutions. The site also features product descriptions, technologies, related documents, and a vast list of materials related to products and applications. For more information, visit sames-kremlin.com.    

 

Quote-To-Book RatiosOpen in a New Window

  Products Finishing Top Shops had an 80 percent quote-to-book ratio, far higher than the remaining shops, which had a 16 percent quote-to-book ratio. The median was 50 percent of jobs booked, while the average of all shops was 51.2 percent. The analysis shows that top shows are closing more quotes, but probably going after fewer jobs, which results in the higher ratio.

 

Percentage of Shop Sales from 80% of Customer BaseOpen in a New Window

    The percentage of customers who account for 80 percent of overall shop sales was at 34.6 percent for Products Finishing Top Shops, while the average of all shops was 27.3 percent. The median was 20 percent, and all other shops had an average of 10 percent for shops that accounted for 80 percent of their sales. The number reflects that Top Shops deal with fewer customers, and possibly larger size customers and OEMs.

 

Axalta Coating Systems to Acquire Century Industrial CoatingsOpen in a New Window

Axalta Coating Systems, global supplier of liquid and powder coatings, announces its agreement to acquire Century Industrial Coatings, a leading manufacturer of high-performance industrial coatings for structural steel, oil and gas, rail cars and other OEM applications. Financial terms of the transaction were not disclosed. “We look forward to welcoming Century into Axalta,” says Michael Cash, senior vice president and president, Industrial Coatings. “Century’s customers really value its broad suite of products, its ability to develop solutions with unparalleled agility and its focus on customer service. With this acquisition, we will have the opportunity to offer our combined customers an entirely new range of products with best-in-class service.” “We are excited to bring our legacy and products to a much broader national and global stage,” adds Don Harvey, CEO of Century Industrial Coatings. “Axalta has shown a real commitment to the industrial coatings space and we are confident our customers will find further success with access to their full line of innovative and high quality industrial coatings, including ecoat, powder and liquid industrial products.” For more information about the Century Industrial Coatings product portfolio, visit axalta.com/Century.    

 

KAL Capital Markets Launches New FirmOpen in a New Window

Trevor Bohn, left, and Ryan Murphy   Trevor Bohn and Ryan Murphy have opened their own investment banking company, KAL Capital Markets, that specializes in the metal finishing industry, among others. The firm’s professionals assist clientele on all aspects of mergers, acquisitions, and accessing the capital markets, with a focus on the aerospace and defense, as well as industrial growth sectors. For information, visit kalcapitalmarkets.com.

 

BASF Earns 2017 Seal of Distinction from WorldatWorkOpen in a New Window

BASF Corp. has earned the 2017 Seal of Distinction from nonprofit HR association WorldatWork, recognizing the company’s strong total rewards portfolio. One of 160 organizations recognized, BASF is a leading producer, provider and marketer of chemicals and related products in North America. According to WorldatWork, the prestigious Seal of Distinction is awarded to companies that meet defined standards of workplace programs, policies and practices weighted on several factors, such as the complexity of implementation, required organizational resources, perceived breadth of access and overall level of commitment from leadership. With approximately 112,000 employees in the BASF Group, the company’s portfolio includes chemicals, performance products, functional materials and solutions, agricultural solutions and oil and gas. For more information, visit BASF.com or worldatwork.org.  

 

EPA Federal Register Notice: Regulation of TCE Use in Vapor DegreasingOpen in a New Window

On January 11, the EPA Administrator signed a prepublication notice for submission to the Federal Register regarding regulation of Trichloroethylene (TCE) use in vapor degreasing operations under TSCA section 6(a). Under the Toxic Substances Control Act (TSCA), EPA is proposing to prohibit the manufacture (including import), processing and distribution of TCE for use in vapor degreasing and the use of the chemical in vapor degreasing applications. According to EPA, “Trichloroethylene (TCE) is a volatile organic compound widely used in industrial and commercial processes and has some limited uses in consumer and commercial products.” Per EPA, the proposed rule will also require manufacturers, processors and distributors, except for retailers of TCE for any use, to provide downstream notification of these prohibitions throughout the supply chain; and to require limited recordkeeping.   For more information, visit epa.gov.com.     

 

PRAB Welcomes New Director of MarketingOpen in a New Window

PRAB, manufacturer of conveyor and chip systems, welcomes Keith Rouse as the new director of marketing to the company’s global operations. Rouse, a Michigan State University graduate, has experience in print, digital, social, mobile and content marketing; along with brand management, ROI analysis, analytics and market research. According to the company, it is imperative to have a leader who can translate business objectives into marketing strategies to effectively stand out against competitors. “It was a tough decision, as we had many exceptional candidates, but Keith’s background, experience, and growing knowledge of marketing trends is really what set him apart,” says Vice President of PRAB, Carl Baker. “We look forward to seeing him grow our business with innovative marketing campaigns, as well as bring a fresh, new perspective. We truly believe he will catapult us into the next generation of marketing.”   For more information, visit prab.com. 

 

Columbia Chemical Launches New WebsiteOpen in a New Window

Columbia Chemical, a global manufacturer of surface finishing additives, announces the launch of a newly designed website offering visitors a more user-friendly experience. Starting in December, the company has been in the process of revamping its online presence by investing in a new, more sophisticated website. The site refresh is designed to offer greater benefit to customers and distribution partners, providing quick access to product information and technical resources. Other features include certification details and in-depth company information. The responsive site is viewable on desktop, mobile and tablet devices, all with easy-to-use navigation. The site also offers extended resources for registered users. By registering online, users have unrestricted access to all the valuable information within the site, including technical data sheets and safety data sheets. An employee-owned company, Columbia Chemical specializes in the development of surface finishing additives and chemistries in products such as cleaners, acid inhibitors, brighteners, passivators and topcoats. To view the new site and for more information, visit columbiachemical.com.    

 

Aqueous Cleaning Specialist Earns ISO AccreditationOpen in a New Window

Aqueous component cleaning specialist, MecWash Systems announces that its quality management system has been accredited to the new internationally recognized ISO 9001:2015 standard. The certification covers MecWash for the design, manufacture, installation and servicing of aqueous parts cleaning and degreasing systems for metal and plastic engineering components. John Pattison, managing director of the England-based company says, “Changes introduced in the 2015 revision are intended to ensure that ISO 9001 continues to adapt to the different environments in which organizations such as ourselves operate.” According to Pattison, companies were given a three-year period to transition to the new standard but applied as soon as possible and have just recently received the certificate. “We are very proud to be able to say that we are now ISO 9001:2015 accredited so our customers can continue to be assured that we have this official stamp of approval for the way we manage our systems and ensure everyone receives the same high standard of service they have come to expect.” For more information, visit mecwash.com.