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Industrial CoatingsGlobal Top 10 and PCI 25

2026 PCI 25: No. 12, Ultimate Linings, LLC

Ultimate Linings reported $160 million in 2025 coatings sales while expanding its polyurea manufacturing and applications capabilities.

By Courtney Bassett, Chief Editor, Paint & Coatings Industry Magazine
Aerial view of Ultimate Linings’ manufacturing and distribution facility in Lebanon, Tennessee.
Image courtesy of Ultimate Linings
July 20, 2026

Ultimate Linings is a manufacturer of polyurea coatings and application technologies serving companies and OEMs in multiple industries. The company supports chemistry development, application testing, systems installation and in-field technical service for protective-coatings applications.

The company’s portfolio includes pure polyurea, hybrid polyurea, aliphatic and specialty polyurea systems, and polyaspartics. Its coatings are used for water tanks, marine and defense equipment, concrete infrastructure, roofing, automotive and commercial-vehicle bedliners, and other high-wear and high-impact applications.

The PCI 25 Logo

12. Ultimate Linings, LLC

Lebanon, TN

President: Rusty Carter

www.ultimatelinings.com

2025 Coatings Sales: $160 million

Ultimate Linings is an IXS Coatings company. It serves customers worldwide from a 302,000-square-foot facility in Lebanon, Tennessee, which houses corporate offices, an innovation center and manufacturing operations. The company reports scalable production capacity exceeding 300 million pounds annually. The company’s current site identifies Rusty Carter as president and describes the Lebanon operation as its headquarters, R&D laboratory, manufacturing plant and distribution facility.

Parent company: IXS Coatings

Notes: In July, Ultimate Linings hosted Galileo, a German science program, at its Tennessee facility for demonstrations examining the impact and abrasion resistance of its spray-applied polyurea systems. The program highlighted applications in transportation, construction, infrastructure, marine and defense markets.

◀◀ View the full 2026 PCI 25 Rankings

KEYWORDS: financial reports Paint and Coating Manufacturers polyurea Protective Coatings sales

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Courtney Bassett, Chief Editor, Paint & Coatings Industry Magazine

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