The Protech/Oxyplast Group of Montreal, Canada reached an agreement to purchase the powder coating business and manufacturing assets of Innotek Powder Coatings of Big Spring Texas. Innotek is a well-recognized name within the powder coatings industry specializing in high performance thermoplastic powder coatings.
“Innotek’s leading thermoplastic technology is a great addition to our global business," said David Ades, managing director of Protech. "It is complementary to our extensive thermoset powder coatings product range.”
Protech expects to benefit from the business relationships and the unique thermoplastic technology that Innotek has developed over the years. Protech will integrate the Innotek’s manufacturing operations into its own organization.
The Protech/Oxyplast Group is one of the world’s largest manufacturers and marketers of powder coatings. Now in its thirty-sixth year of operation, the Protech/Oxyplast Group continues to grow its reputation in quality and innovative powder coatings. Protech Oxyplast powders are produced in more than twenty facilities worldwide.