TPi January 2017

business & market news

Meridian acquires PowderCoat Services

Most of these coatings are various shades of black, though PCS carries many colours, and are available in various gloss levels and textures. Each finish can be manipulated to fit specific needs, such as UV protection or resistance to oils. PCS offers services including tube bending, fastener installation, light manufacturing, final assembly and supply chain management. The company provides personalised service and uses its own fleet of trucks and drivers. Meridian General – USA bizdev@meridiangeneral.com www.meridiangeneral.com PowderCoat Services, Inc – USA info@powdercoatservices.com www.powdercoatservices.com

provides a solid platform that has been successful in this highly specialised niche – one that is critical to its customers and environmentally a sound replacement to paint processes. “Additionally, the expertise of key management staff will assure us of meeting our ambitious growth plans in this industry segment. “The company’s emphasis on process innovation as evidenced in their investment in the new EPD process should help us expand into new geographic territories and also address additional markets.” Mr Rao will serve as the executive chairman of PCS. Powder coatings were originally developed as an environmentally sound method of painting commercial parts, and have become one of the most common finishes.

Meridian General Capital has completed the acquisition of PowderCoat Services (PCS), a production powder coater offering a diverse range of related services. PCS is able to provide a new process called electrophoretic deposition (EDP), a liquid coating process that deposits cross-linked organic polyurethane to any metallic and select non-metallic surfaces using electrical current. The company serves a wide spectrum of industries including automotive, home improvement, consumer products, sports equipment, musical instruments, electronics, cleaning and sanitising, and the military. Ravi Rao, founder and chairman of Meridian, said, “With this acquisition Meridian intends to build a dynamic industrial services enterprise. PCS

Silva Mash EOOD is a specialist in the production of precision and high-tensile electro-welded tubes according to standard EN 10305.

The company manufactures CRC from HRC – both low- and high-tensile strength.

Silva Mash EOOD – BULGARIA

Lovech 5500 . 1, Gurko Street . BULGARIA . Tel.: 00359 68 601581 . Fax: 00359 68 601583 . silva@mbox.digsys.bg

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January 2017 TUBE PRODUCTS INTERNATIONAL