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MesoCoat secures Canadian coating materials contract
Bodycote buys Curtiss-Wright heat treatment business Bodycote plc has acquired the heat treatment business of Curtiss-Wright Corp for US$52 million. The business comprises nine sites in Northern and Central USA serving a wide range of industries but with a particular focus on commercial aerospace and oil and gas (34% of sales). It also
Bodycote is acquiring thee sites in Wichita, Kansas, USA.
features some key automotive accounts (20% of sales). “We are delighted to be acquiring this heat treatment business, which fits extremely well with our existing organization and our overall strategy,” said Stephen Harris, CEO of Bodycote plc. “Adding these nine sites to Bodycote’s existing 35 US plants provides significant additional capability and a broader customer base in key regions.” The acquisition includes three sites in Wichita, Kansas, USA providing Bodycote with a bigger presence in this aerospace industry hub. The facility in Lafayette, Louisiana provides access to the oil and gas market in this part of the United States, while the five northern plants fit in with Bodycote’s automotive and general industrial network.
MesoCoat secures Canadian coating materials contract Abakan Inc’s 71% controlled subsidiary, MesoCoat, has secured a supply contract for its PComP nanocomposite coating materials from a large industrial pump manufacturer and distributor in Canada. The supply contract is said to further validate the value of MesoCoat’s PComP nanocomposite coatings in the US$1 billion North American tungsten carbide thermal spray powder coating market. Robert Miller, CEO, Abakan Inc., says: “MesoCoat received this contract after completing extensive field testing and qualification which confirmed the superior properties of our tungsten carbide (WC) based PComP nanocomposite cermet materials, compared to other commercially available coating materials.
metal-powder.net
“Several variants of our PComP coatings have been under lab and field testing with the largest oilfield, pump, mining equipment, and component manufacturers. The results have been excellent, and in some cases have shown up to 5x extended coating life. We have been anticipating great demand for these products given the excellent test results and its value proposition; and hence we had already begun scaling-up production of our PComP materials to meet this demand. “In the very near future, we are confident of securing several other long term supply contracts that are currently in the pipeline.”
May/June 2012 MPR
11
Bodycote is acquiring thee sites in Wichita, Kansas, USA.
features some key automotive accounts (20% of sales). “We are delighted to be acquiring this heat treatment business, which fits extremely well with our existing organization and our overall strategy,” said Stephen Harris, CEO of Bodycote plc. “Adding these nine sites to Bodycote’s existing 35 US plants provides significant additional capability and a broader customer base in key regions.” The acquisition includes three sites in Wichita, Kansas, USA providing Bodycote with a bigger presence in this aerospace industry hub. The facility in Lafayette, Louisiana provides access to the oil and gas market in this part of the United States, while the five northern plants fit in with Bodycote’s automotive and general industrial network.
MesoCoat secures Canadian coating materials contract Abakan Inc’s 71% controlled subsidiary, MesoCoat, has secured a supply contract for its PComP nanocomposite coating materials from a large industrial pump manufacturer and distributor in Canada. The supply contract is said to further validate the value of MesoCoat’s PComP nanocomposite coatings in the US$1 billion North American tungsten carbide thermal spray powder coating market. Robert Miller, CEO, Abakan Inc., says: “MesoCoat received this contract after completing extensive field testing and qualification which confirmed the superior properties of our tungsten carbide (WC) based PComP nanocomposite cermet materials, compared to other commercially available coating materials.
metal-powder.net
“Several variants of our PComP coatings have been under lab and field testing with the largest oilfield, pump, mining equipment, and component manufacturers. The results have been excellent, and in some cases have shown up to 5x extended coating life. We have been anticipating great demand for these products given the excellent test results and its value proposition; and hence we had already begun scaling-up production of our PComP materials to meet this demand. “In the very near future, we are confident of securing several other long term supply contracts that are currently in the pipeline.”
May/June 2012 MPR
11