Welcome Guest to Coatings World    Login || Register
Last Updated Wednesday, September 2 2015

MultiLayer Coating Technologies Acquires Polaroid Precision Coating Technology

By Tim Wright

Published August 11, 2006
Related Searches: Nanotechnology
Private equity firm The Watermill Group of Waltham, MA has announced the formation of MultiLayer Coating Technologies, LLC (MCT) in conjunction with its acquisition of the technology and assets of Polaroid's contract coating business.  

MCT will be responsible for existing third party contract manufacturing relationships of Polaroid New Bedford, as well as continuing to serve as a supplier for a crucial part of Polaroid's supply chain. MCT will absorb current relationships in industries that include medical, electronics, display, imaging, security, defense, industrial, nanotechnology and other high technology markets.

The new Company will utilize 50 years of Polaroid's experience in precision roll to roll coating to focus solely on growing its contract manufacturing services. The company has the ability to apply multiple layers of high precision coating on both sides of a flexible substrate in class 400 or better clean room environments.

Robert W. Ackerman, a partner at The Watermill Group and an executive with a history in managing web-processing companies, will serve as president of MCT.

The acquisition includes Polaroid's manufacturing facilities located in New Bedford, MA, together with Polaroid's coating methods and applicator fabrication technology and equipment. All Polaroid New Bedford coating employees including management, scientific, engineering, and manufacturing personnel have been hired by MCT as part of the transaction.

blog comments powered by Disqus

Receive free Coatings World emails
Sign up now to receive the weekly newsletter, and more!

Enter your email address:
Company Spotlight
Shamrock Technologies, Inc.
Foot of Pacific Street
Newark, NJ, 07114
View Profile
Sunin Machine Co., Ltd.
No.96, Chiao Ho Rd ,Chungho Dist
New Taipei City, Taiwan , 235
Taiwan Roc
View Profile
Micro Powders, Inc.
580 White Plains Rd.
Tarrytown, NY, 10591
View Profile
18F, No.85, Sec. 1, Chung-Shiao E. Rd.
Taipei, Taiwan, 100
View Profile
BASF Corporation
100 Campus Drive
Florham Park, NJ, 07932
View Profile
Houchi Chemical Co., Ltd
No.56, Fu Chow Street
Taipei, Taipei, 100
View Profile
AZ Electronic Materials Co., Ltd.
No. 458-6, Sinsing Road Hu Kou Township Hsinchu Country 303, Taiwan
Hsinchu Country, Taiwan, 303
View Profile
Siltech Corporation
225 Wicksteed Avenue
Toronto, ON, M4H 1G5
View Profile
Follow Coatings World On