ON JUNE 3rd, CREATIVE LIQUID COATINGS ACQUIRED THE MAJOR ASSETS OF CK TECHNOLOGIES INCLUDING PLANTS LOCATED IN MONTPELIER, OH, MOUNT AIRY, NC, GRAND PRAIRIE, TX, AND BROWNSVILLE, TX. THIS TRANSACTION WILL EXPAND CLC’S CURRENT CUSTOMER RELATIONSHIPS AND PROVIDE GREATER REACH INTO THE SOUTHERN UNITED STATES AND MEXICO.

CK TECHNOLOGIES, FOUNDED IN 2002 IS A MARKET LEADER FOR INJECTION MOLDED BUMPERS, GRILLES, ROOF FAIRINGS, CHASSIS SKIRTS, AND OTHE PLASTIC COMPONENTS FOR THE HEAVY TRUCK OEMs. THE COMPANY HAS 16 INJECTION MOLDING CAPABILITY FROM 500 – 5000 TONS ALONG WITH AUTOMATED PAINT FINISHING LINES AND ADVANCED ASSEMBLY CAPABILITIES.

THE COMBINED PLANTS OF CK TECHNOLOGIES ARE PROJECTED TO GENERATE OVER $200 MILLION IN SALES, ACCORDING TO STEPHEN GEIST, PRESIDENT AND CEO OF KENDALLVILLE, INDIANA BASED CLC. THIS ACQUISITION WILL BRING CLC CLOSER TO $400 MILLION IN THE COMING YEAR.

“THE PLAN IS TO QUICKLY BRING IN NEW MACHINES AND MAKE SIGNIFICANT INVESTMENTS TO STABILIZE THE OPERATION AND MEET THE NEEDS OF THE GROWING BOOK OF BUSINESS” GEIST SAID. THE NEW MACHINES INCLUDE TWO 4500 TON MILACRON INJECTION MOLDING MACHINES. “IN ADDITION, THERE ARE SIGNIFICANT PENDING OPPORTUNITIES WITH OUR CURRENT CUSTOMERS, ESPECIALLY NOW THAT WE HAVE A LOCTION IN SOUTHERN TEXAS WHERE WE CAN MORE COMPETITIVELY SUPPLY HIGH QUALITY DECORATIVE PARTS INTO MEXICO”.

CREATIVE LIQUID COATINGS HAS NEARLY 30 YEARS OF EXPERIENCE MANUFACTURING PLASTIC PARTS FOR OEMS AND TIER-1 SUPPLIERS. THE COMPANY HAS AN EXTENSIVE LINE UP OF CORE COMPETENCIES WITH THEIR PLANTS IN INDIANA, KENTUCKY, AND SOUTH CAROLINA OFFERING INJECTION MOLDING FROM 100 TON – 3600 TONS AS WELL AS STATE OF THE ART CHROME PLATING AND PAINT FINISHING CAPABILITIES.

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CONTACT STEPHEN GEIST FOR MORE INFORMATION AT SGEIST@CREATIVELIQUIDCOATINGS.COM