Para-Coat Technologies Inc. Launches Expanding Business Plan— 11 / 07 / 2011
For Immediate Release
July 11, 2011
Para Coat Technologies Inc (www.pctconformalcoating.com) of Johnstown PA, today launched an expanded business plan for its complete line parylene, acrylic, polyurethane and silicone engineered coatings.
“Para-Coat has successfully progressed through a large portion of our customers initial sampling and approval process,” stated Krista Rager, president/owner. “With this behind us, we are beginning to see rapidly growing order activity accompanied by substantial increases in quotation from existing and new prospective customers.”
Engineered coatings represent an important manufacturing step in the production of many highly specialized components. The protective moisture and contamination barrier, coupled with the reliability, uniformity and economic advantages of the application, make it the process of choice for many electronic, medial, automotive and aerospace devices.
To increase Para-Coat’s management team strength, Rager also announced that the company has appointed long time automotive component and business start up executive Rocco Petrilli as their interim CEO and chairman of the newly formed board of directors. Currently the CEO of 1st Team LLC, Petrilli is a former company executive with Borg Warner, Federal Mogul and PMG and is a veteran of ten start ups.
“We are very excited that Petriili has agreed to become a member of our team.” added Rager. “His chemical engineering background combined with his tremendous experience in the areas of business creation, financing and operations management will benefit this company greatly.”
“The transition through the initial product and process approval process is normally one of the most difficult and trying stages for a supplier of engineered products”’ remarked Rocco Petrilli. “I am excited about the impressive progress that Para-Coat has made to date and look forward to working with this passionate and committed ownership team to bring their company to the pinnacle of their potential.
Para-Coat Technologies, Inc. of Johnstown PA supplies engineered coating services to a variety of markets. Their ownership team possesses the proper mix of technical product and process expertise and entrepreneurial passion and enthusiasm characteristic of successful businesses.
For further information, please contact Krista Rager at firstname.lastname@example.org
1st Team LLC is an expanding professional services firm that combines the power of essential marketing, advertising and public relations with a broad range of specialized business management, interim executive and M&A transactional talents. 1st Team specializes in manufacturing, health care, technology and other business markets.
For additional information, contact Ryan Gindlesperger @ email@example.com