In a recent press release Curtiss-Wright Corporation announced the acquisition of selected assets of the Everlube Products Division of Morgan Advanced Ceramics, Inc., for approximately $6.4 million. Everlube Products will operate as part of the Metal Treatment segment of Curtiss-Wright Corporation.
Everlube Products is a pioneer and leader in manufacturing solid film lubricant (SFL) and other specialty engineered coatings with more than 180 formulations available. Everlube coatings include well-known, proprietary brands such as Everlube, EverSlik, Lube-Lok, Lubri-Bond, Perma- Slik, Kal-Gard, Electrobond, Electrolube, Formkote, Henderlube, Ecoalube, Esnalube, and Henco-Mask. The company is located in Peachtree, Georgia, and had 2003 sales of approximately $3.9 million.
Everlube Products’ engineered coatings improve the functional performance of metal components in lubrication, temperature, and corrosion resistance. The coatings are developed for use in high performance, niche applications and are generally either "approved for use" or "specified" after extensive testing and evaluation by a customer. Customers include original equipment manufacturers (OEMs), commercial metal finishers, and distributors for use in aerospace, automotive, general industrial, electronic, military, and medical applications. Everlube coatings are extensively specified by OEMs, with more than 1,000 specifications currently active. In addition, many military and U.S. Department of Defense agencies have qualified Everlube coatings.
"The Everlube Products acquisition is an integral piece of our strategy to provide high performance metal treatment products and services to our customers," according to Martin R. Benante, chairman and CEO of Curtiss-Wright. "In addition, it provides further diversification of our traditional shot peening and heat treating services while staying within our core business of specialized metal treatment services."
For more information contact Alexandra Magnuson at (973) 597-4734. Also visit the related Web sites [www.curtisswright.com] and [www.metalimprovement.com].
