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Nanotechnology Company Looking to Grow to Meet Market and Partner Demand for
Efficient Industrial Coatings
Ecology Coatings Inc., a leading provider of
ultra-violet (UV) curable industrial nano-engineered coatings technologies,
today announced plans to relocate from its Akron, Ohio headquarters into a
larger facility. Expecting to add staff and expand output capabilities in
the next year, the company is scouting a new site for its growing
operations. With more than 200 clean, efficient coating products, Ecology
Coatings currently serves the automotive, electronics, medical device and
industrial manufacturing markets.
"In addition to the licenses we have already secured in automotive and metals markets, we're currently working with more than 80 major companies that are testing our nanocoatings for electronics, plastics, paper, and other applications. Ecology Coatings needs to grow in order to meet demand for our products, and we're pursuing various site options to help us meet those ends," said Rich Stromback, CEO of Ecology Coatings. "We are looking to relocate to a site that offers strong regional support for new materials and the synergy of a vibrant local technology community."
The company's current Akron headquarters includes a laboratory facility for research and development as well as capabilities for manufacturing commercial quantities of its high-performance coatings. The company expects to relocate in early 2007.
Unlike conventional industrial coatings, Ecology Coatings' proprietary nano-engineered products contain no water, toxic solvents or other liquid components that need to evaporate for the coating to set. Instead the coatings require only a few seconds of UV light exposure to form a durable barrier, a characteristic that drives time, energy and EPA reporting efficiencies for the manufacturer and enables entirely new coatings applications.
In 2005 Ecology Coatings received numerous accolades for its technical and business achievements, including: the prestigious Tech Pioneer distinction from the World Economic Forum, a Wall Street Journal Technology Innovator Award, TIME Magazine's Best Inventions, Red Herringšs Top 10 Clean Tech Companies to Watch, and one of five finalists in Small Times Magazine's Best of Small Tech Innovator Awards.
About Ecology Coatings:
Ecology Coatings is a world leader in the development of nano-engineered, ultra-violet curable coatings. Using a platform of integrated nanomaterial technologies, the company creates proprietary coatings with unique performance attributes. Ecology collaborates with industry leaders to develop revolutionary high-value, high-performance coatings for automotive, industrial, electronic, packaging and medical device applications. Ecology Coatings is a privately held company based in Akron, Ohio.
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