Home > News > Area nano company awaits ‘holy grail’
February 18th, 2007
Area nano company awaits ‘holy grail’
Abstract:
Home Depot stores this month began carrying a line of house paint that does not require a primer or second coat.
The paint uses particles one-thousandth the width of a human hair developed by Romeoville-based Nanophase Technologies Corp.
Behr Paint, owned by Detroit-based Masco Co., developed its Premium Plus Ultra paint to protect homes with less effort required by do-it-yourself house painters.
The paint "did well in test marketing," Behr spokeswoman Lisa Wade-Grossman said, and it enabled Nanophase to post revenue records for the last two quarters. Although the company still loses money, analysts like the stock.
Source:
dailyherald.com
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