Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > nCoat Announces Plans to Increase Work Force in North Carolina

Subsidiary HPC to Ramp Up Production Capacity Over Next 24 Months

nCoat Announces Plans to Increase Work Force in North Carolina

WHITSETT, NC | Posted on April 12th, 2007

nCoat, Inc. (OTCBB: NCOA) ("nCoat" or the "Company") celebrated the Grand Opening of its headquarters recently with the announcement that the North Carolina-based facility operated by wholly owned subsidiary High Performance Coatings, Inc. ("HPC") plans to increase its workforce to a targeted level of approximately 300 workers within the next two years. The North Carolina plant applies both nano-formulated and micron particulate coatings to motorsports, automotive, diesel engine trucking, recreational vehicle and aerospace industry customers.

Grand Opening festivities kicked off on April 5th with the HPC-sponsored 50th anniversary spring drag race at nearby historic Piedmont Dragway, a launching pad for the careers of several motorsport legends. The HPC Big Dog Shootout provided an excitement-filled event culminating in a grand finale race won by Todd Tutterow in his supercharged Mustang, racing the one-eighth mile drag strip at 168 miles per hour in 4.28 seconds. HPC regularly participates in many of motorsports' premier local and national events. HPC's motorsports customers have long been among the early adopters of leading edge coating technologies. From beginnings in the motorsports industry, coatings have found mainstream uses in consumer industries.

The following day, nCoat and HPC hosted a community event on the grounds of their new Whitsett, North Carolina headquarters and manufacturing plant. The Grand Opening event showcased over 1 million dollars worth of exotic, historic and specialty vehicles including race cars, heavy transport vehicles, street rods, collector cars and motorcycles.

A beautiful spring day in North Carolina provided a perfect backdrop for the successful and well-attended event. Representatives from local municipalities, state representatives, corporate and university officers and researchers, employees and families as well as members of the media and public gathered for the official ribbon cutting and festivities.

Notable individuals in attendance included Secretary James Fain, Secretary of the North Carolina Department of Commerce and many of his key economic development and science advisors, as well as Mr. Stephen M. Ross, Mayor of the City of Burlington, representing nearly 50,000 citizens located adjacent to the Whitsett plant.

During the ceremonies, Company CEO Paul Clayson expressed the degree of pride he felt regarding the employees' level of commitment to the company and their customers. Speaking to the nCoat decision to locate in North Carolina, Secretary Fain stated, "We are not surprised that you are so proud of the people who work here. I think that's what North Carolinians are all about... You will be a leading edge company in this 21st century economy... I feel truly blessed that you have put a big anchor in North Carolina."

Company CEO, Paul Clayson commented, "This great turnout provided an excellent opportunity to share a bit of our company with our new neighbors and colleagues. In this plant, the future of commercial nanotechnology science becomes reality where HPC helps provide technology that improves clean air standards while improving performance of diesel engine trucks and helps race vehicles operate cooler, more efficiently, and faster. We are proud to lead the way in our industry and support this dynamic regional economy."


About nCoat, Inc.
Formed in 2004, nCoat, Inc. is an emerging nanotechnology company with new nano-formulated and traditional coatings that make it an international leader in the development and marketing of coatings applied to metal, ceramics, fabric, and other materials. The company specializes in nanotechnology research, commercialization, licensing, and distribution, and through its subsidiary companies develops and distributes commercially viable proprietary nanotechnology and traditional coatings products. At nCoat, we invite the world to "Innovate with us....."

About HPC, Inc.

HPC has been an integral part of the motorsports industry since 1982. The company has coated parts for multiple Motorsport Hall of Fame inductees and land and air speed world record holders. This rich racing heritage has led HPC to be nicknamed 'The Choice of World Champions.' HPC develops, manufactures, and applies coating (surface treatment) solutions for thermal management, anti-corrosion, friction reduction, bond strength, and appearance. HPC is a particular market leader in internal and external engine parts coatings in automotive and diesel engines. At HPC, there IS a difference... and the difference is superior performance.

Forward-Looking Statements

Except for statements of historical fact, the information presented herein may contain forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which nCoat, Inc. has little or no control.


nCoat, Inc.

Paul S Clayson, Chief Executive Officer

For more information, please click here

Investor Relations Contact:
Bakerview Investor Relations Inc.

Copyright © Market Wire

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press


Forge Nano 2017: 1st Quarter Media Update April 20th, 2017

Participate in the development of Malaysia’s National Graphene Action Plan 2020 October 10th, 2016

Leading Advanced Materials Manufacturer Pixelligent Closes $10.4 Million in Funding: Capital Will Boost Capacity for North American Manufacturing, Drive Asian Expansion, and Continue Innovation in Solid State Lighting and OLED Display Applications August 16th, 2016

SUNY Poly Welcomes DPS as the Global Engineering Firm Opens Its U.S. Advanced Technology Group Headquarters at Cutting-Edge ZEN Building November 20th, 2015


GLOBALFOUNDRIES Launches RF Ecosystem Program to Accelerate Time-to-Market for Wireless Connectivity, Radar and 5G Applications: RFWave™ Partner Program expands the ecosystem and enables faster product deployment on GF’s RF technology platforms March 20th, 2018

Monocrystalline silicon thin film for cost-cutting solar cells with 10-times faster growth rate fabricated: Controlling nano surface roughness of porous silicon March 20th, 2018

Unexpected effect could lead to lower-power memory, computing devices March 17th, 2018

Imaging technique pulls plasmon data together: Rice University scientists' hyperspectral method analyzes many plasmonic nanoparticles in an instant March 16th, 2018


Thermo Scientific Krios G3i Cryo-Electron Microscope Announced as 2018 Edison Awards Finalist March 8th, 2018

Leti & Mapper announce cyber-security breakthrough that encrypts individual chips with a code: Low-Cost Cyber-Security Breakthrough that Encrypts Individual Chips With a Unique Code Presented at SPIE Advanced Lithography 2018 in San Jose March 2nd, 2018

Nanometrics to Present at the 30th Annual ROTH Conference February 27th, 2018

European & Korean Project To Demo World’s First 5G Platform During Winter Games February 15th, 2018

The latest news from around the world, FREE

  Premium Products
Only the news you want to read!
 Learn More
Full-service, expert consulting
 Learn More

Nanotechnology Now Featured Books


The Hunger Project