Delta Coatings Corp., a developer and manufacturer of paints primers and environmental coatings used throughout the container and drum industries, OEM/general industrial and transportation industries, has acquired Federated Paint and Midwest Lacquer, a manufacturer of liquid coatings and lacquer paint products. According to Delta Coatings, the acquisition will provide increasing value to customers and employees by yielding cost synergies, which are anticipated to come from savings in raw materials, assimilation of manufacturing operations and other consolidation opportunities.
With the addition of Federated Paint and Midwest Lacquer's manufacturing sites, Delta Coatings will increase its overall manufacturing facility by an additional 48,000 sq. ft. The acquisition also significantly expands Delta Coatings' product line and augments its R & D and product introduction capabilities.
Federated Paint and Midwest Lacquer will be integrated into Delta Coatings. Its corporate headquarters, operations and R&D staff will be located in Melrose Park, IL.
For more information, call 888.216.3600, or visitwww.deltacoating.com.
Delta Coatings Acquires Federated Paint and Midwest Lacquer - Posted 4/4/07
April 4, 2007