Keco Coatings of Indianapolis, IN has completed the acquisition of Teknix Powder Coating in Statesville, NC. This acquisition will enable Keco to transition its Teflon and plasma coating technology into the southeast territory. Teknix Powder Coating is located in the heart of the NASCAR region, which will make it more convientent for existing NASCAR customers to leverage Keco's coating portfolio.
Founded in 1980, Keco Coatings is a leading developer and applicator of high performance coatings for the printing, packaging, lighting, aircraft, glass container and racing industries and is a licensed DuPont Teflon Industrial Applicator (LIA). Headquartered in Indianapolis, IN, Keco has sales offices in Charlotte, NC and Tucson, AZ.
“We’ve been looking at companies in the North Carolina area for
a few years, primarily to be closer to our existing customer base and our printing and packaging marketing partners," said Keco's president Mike Klinge. "Through this new location we will be able to service our racing customers who have relocated or expanded into the NASCAR region more efficiently. Services will include high volume automated powder coating, Teflon and plasma coating. We anticipate additional employment opportunities will be created at Teknix as well as our headquarters in Indianapolis to support this facility.”
KECO Coatings acquires Teknix Powder Coating
By Tim Wright
Published March 31, 2008
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