Lord Corp. Acquires Wood-Coatings Joint-Venture Business L/T Technologies
CARY, NC - Lord Corp. has acquired L/T Technologies L.L.C., a joint-venture business of Lord Corp. and Treffert GmbH and Co. KG and a manufacturer of acrylic UV-cure and waterborne coatings for wood products. L/T Technologies is based in Cary, NC, near Lord Corp.'s headquarters. Terms of the purchase were not disclosed.
Lord Corp. said L/T Technologies will remain the exclusive licensee representing North, Central and South America for the Treffert Group and its wood-finishing technology.