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Founded in 1964, Vanex Corporation is a privately owned company with two brands of waterborne industrial coatings, Plascron® and Breakthrough®, used in metal, plastic and wood substrates in steel structures, building materials systems, buildings and metal composite industries. on. Vanex has a factory in Mount Vernon, Illinois, with about 20 employees.
“Vanex's employees are experienced and knowledgeable about customers. This factory and strong team will add strength to PPG TrueFinish business,†said Keith Prins, general manager of PF TrueFinish Industrial Coatings.
"Vanex Waterborne Coatings is a complementary addition to PPG's TrueFinish product line," said William Wulfsohn, Senior Vice President of PPG Coatings. "In addition, this acquisition will enhance our ability to provide customers with rapid response and advanced technology."
PPG TrueFinish offers a full range of liquid and powder coating products to manufacturers, custom coating suppliers and distributors in the North American market.
PPG Industrial Corp. recently announced the acquisition of Vanex, Mount Vernon, Ill., USA. The terms of the acquisition have not been disclosed.