Japan Company Buys Indiana Coatings Supplier
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowIndianapolis-based Specialty Coating Systems Inc. has been acquired by a Japanese company. KISCO Ltd. says the deal for the Hoosier supplier further positions it as an industry leader.
The business will begin operating in a global capacity as Specialty Coating Systems, a KISCO company over the next year.
KISCO President Takekazu Kishimoto said the resulting company will include a combined 21 facilities throughout the Americas, Europe and Asia. "We are also committed to expanding the market by developing and commercializing new, cutting-edge materials, processes and technologies, which will be made possible by the consolidation of our highly successful engineering teams," he said.
Specialty Coating Systems was established more than 40 years ago and currently includes 11 global locations. SCS President Terry Bush calls it "an exciting time" and says "I am proud of what Specialty Coating Systems has accomplished in the market throughout our company’s long history and am confident that the consolidation of our two companies will create an even stronger entity to better serve our customers in the future. SCS and KISCO remain committed to the highest level of quality products and customer service experiences, and we are excited about the opportunity to offer customers additional resources, locations and coating options to help make their innovations successful."
SCS bills itself as the "worldwide leader in Parylene conformal coating services and technologies." It offers liquid coating systems including spray, spin and dip coating systems and ionic contamination test systems.
