nCoat Consolidates Two Units

Nanotechnology firm nCoat (Whitsett, NC) says it has consolidated production at its High Performance Coating subsidiary’s Chandler, AZ production plant into the larger and more automated Tempe, AZ plant of its Jet-Hot subsidiary. The joint facility increases production capacity for each subsidiary, “resulting in higher volume throughput and reduction in direct labor and product costs,” nCoat says. “Part of our acquisition strategy is to realize cost consolidations in all operating areas, particularly production and administration,”...

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