Tnemec Company, Inc. Acquires Assets of Textured Coatings of America, Inc.

Tnemec Company, Inc. purchased assets of Textured Coatings of America, Inc. (Tex•Cote).

Established in 1961, Tex•Cote manufactures high-performance, water-based coatings for use on commercial, residential and Department of Transportation (DOT) projects, according to Terry Wallace, VP – Business Development at Tnemec.

“We are thrilled to welcome Tex•Cote into the Tnemec family and feel there are great synergies between the two companies,” Wallace said. “Tex•Cote has great products, excellent production facilities and outstanding personnel. Our plan is to provide Tex•Cote with operational and managerial support for growth within its current markets and customer base.”

Textured Coatings of America, Inc. was founded in Los Angeles.

Majority ownership of the company was acquired from the founders by Stuart Haines in 1961, and under his leadership, the company expanded its sales throughout North America and internationally to more than 23 countries. 

“Our company has been involved in countless landmark and high-profile projects, from bridges to airports, from college campuses to massive commercial projects, over the last 58 years,” said Haines, chairman and president/CEO of Textured Coatings of America, Inc.

“We feel a real kinship with Tex•Cote,” added Chase Bean, president/CEO, Tnemec. “Both companies share a common history of private ownership, multi-generational family management and an entrepreneurial spirit that is deeply rooted in the company culture.” 

Tex•Cote manufactures a variety of products including COOLWALL coatings for exterior vertical substrates, REFLECT-TEC coatings for roofs, and COOL-TEC coatings for horizontal concrete and decks. The COOLWALL, REFLECT-TEC and COOL-TEC lines incorporate specialty pigment technology that reflects infrared heat to help keep exterior surfaces cooler compared to traditional paints.

Tex•Cote’s product line also offers water repellents and stains, anti-graffiti coatings, dry-erase coatings and interior coatings, as well as a variety of primers, block-fillers and patching compounds.