Pittsburgh-headquartered PPG has agreed to acquire Alpha Coating Technologies LLC, a West Chicago manufacturer of powder coatings for light industrial applications and heat sensitive substrates. PPG expects Alpha’s service, technology and quick turnaround color matching capabilities to be a strategic complement to PPG.
The transaction is expected to close in the first quarter of 2020, subject to customary closing conditions. Financial terms were not disclosed.
Founded in 2000, Alpha focuses on the development, manufacture and sale of powder coatings for light industrial applications; medium density fiberboard and heat sensitive substrates; and toll manufactures powder coatings for metal and light industrial applications. Alpha employs approximately 35 people at its operations in West Chicago, Illinois.
PPG operates in more than 70 countries and reported net sales of $15.1 billion in 2019.
