Coatings World - July 2011

Origin Electric
Tokyo, Japan
www.origin.co.jp

PUBLIC COMPANY
YEAR ES TABLISHED: 1938
REVENUE: $121 million
MARKETS SERVED
• Synthetic resin paints
• Coatings for digital devices
KEY EXECUTIVES
Toshio Kashiwagi, president and
director; Minoru Fujisawa, man-
aging director and general man-
ager of coating operations
division.

Origin Electric Co., Ltd. operates in three segments: Electronics, Mechatronics and Chemitronics. The Chemitronics division is upported by metal surface treatment and surface plating technologies as well as by Origin's long history of research and development in the fields of electronics and coating materials. Energy-saving measures jointly developed with other engineering groups have resulted in developments being achieved in the field of synthetic resin paints, which have attracted attention both domestic and abroad as being environmentally friendly. The company operates primarily in Japan, as well as internationally in Taipei, Hong Kong, the U.S. and China. Origin Electric Co., Ltd., formerly known as Fuji Electric Co., Ltd., was founded in 1938 and is headquartered in Tokyo, Japan. Origin began developing paints in 1947 as a part of its surface processing research efforts creating highly functional paints including paints used for plastic substrates, water-based paint/TX-free paint and paints used for plated nonferrous metals. Applications include automobile interior and exterior parts, cell phones and computers.

Atomix Co. Ltd.
Tokyo, Japan
www.atomix.co.jp

PUBLIC COMPANY
YEAR ESTABLISHED: 1937
REVENUE: $118 million
MARKETS SERVED
• Floor coatings
• Roof coatings
• Swimming pool coatings
• Traffic paints

KEY EXECUTIVES Kazuyuki Kobayashi, director and president; Koichi Kita, managing director and executive manager of administration.

Atomix Co. Ltd. manufactures various paints in Japan. It offers floor and roof coatings, waterproofing materials, swimming pool coatings, traffic and anti-skid paints, paint for mapping systems, and paint to protect road structures from deterioration. The company was founded in 1937 and is headquartered in Tokyo, Japan.

83
Tnemec Company, Inc.
Kansas City, Missouri/USA
www.tnemec.com
84

Quest Specialty Chemicals Menomonee Falls, WI/USA www.questsc.com

PRIVATE COMPANY
YEAR ES TABLISHED: 1921
REVENUE: $115 million
MARKETS SERVED
• Water tank coatings
• Wastewater coatings
• Industrial coatings
• Floor coatings
• Architectural coatings

KEY EXECUTIVES Peter Cortelyou, president and CEO; Chase Bean, executive VP; Terry Wallace, VP, sales; Mark Thomas, VP, marketing; Joe Davis, VP, technical service; Segment managers: Doug Hansen, water tank coatings; Vaughn O’Dea, waste water coatings; Gary Zinn, industrial coatings; Joe Schmit, Stratashield floor coatings; John Miller, architectural coatings.

PRIVATE COMPANY YEAR ES TABLISHED: 2001

REVENUE: $113 million
MARKETS SERVED
• Automotive refinish
• Aerosol paints
• Industrial paints
• Roof coatings and systems
KEY EXECUTIVES
Frederick Quinn, CEO; Gerard Loftus,
president and COO; David Brunori, execu-
tive VP coatings; Nicholas Causey, execu-
tive VP construction products; Segment
managers: Ken Papich, automotive refin-
ish; Steve Hughes, aerosol paints and in-
dustrial paints; Charles Van Gelder, roof
coatings; Nick Causey, roof systems.

Since 1921, Tnemec Company Inc. has been a leading manu- facturer of high-performance architectural and industrial coat- ings that protect a wide range of substrates and enhance aesthetics. From water tanks and treatment plants, to manufacturing plants, industrial facilities and specialty architectural buildings, Tnemec coatings can be found protecting virtually all types of structures and buildings. Tnemec operates three manufacturing facilities in the U.S. in North Kansas City, MO, Baltimore, MD and Garland, TX. It generated $115 million in sales in 2010. The newest additions to Tnemec’s product portfolio are Series 740 and 750 UVX polyurethane finish coat combining low VOC with exceptional performance and Series 431 Perma-Shield PL, a 100 percent solids, abrasion resistant lining specifically designed for wastewater immersion and fume environments.

Back in 2003 Huron Capital Partners LLC, a Michigan-based pri- vate equity firm formed a partnership with veteran chemicals exec- utives and investors, Fred Quinn and Carol Bramson to build a platform company in the specialty chemicals industry, which would become Quest Specialty Chemicals (QSC). Just recently Huron sold QSC with new ownership passed on to the Audax Group, located in Boston, MA and Moelis Capital Partners, located in New York. According to the company, this acquisition strengthens the overall Quest platform, which consists of two divisions: Quest Specialty Coatings and Quest Construction Products. The coatings division includes: Raabe Company (2004), Foxcolor (2005), Matrix System Automotive Finishes (2006), Zolatone (2007) and Custom Finishes (2009). The construction products division is made up of United Coatings (2007) and HydroStop (2007). Overall, Quest's goal is to continue building these two divisions through acquisition. Together QSC’s portfolio of coatings companies generated $113 million of revenue in 2010.