PITTSBURGH
– PPG Industries has acquired Vanex, Inc., of Mount Vernon, IL.
Terms of the deal were not disclosed.
Founded
in 1964, privately-held Vanex is a supplier of the Plascron® and
Breakthrough® brand water-based industrial coatings for use on
metal, plastic and wood in the structural steel, building systems, construction
and fabricated metals industries. Vanex operates one manufacturing facility in
Mount Vernon and employs approximately 20 people.
“The
addition of the Vanex facility and a strong team of experienced,
customer-focused employees will add more capabilities to the PPG TrueFinish
business,” said Keith Prins, General Manager for PPG TrueFinish industrial
coatings.
The
PPG TrueFinish business provides liquid and powder coatings to manufacturers,
custom coaters and distributors throughout North America.
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