Friday 13 May 2022

Pennsylvania, US-based industrial paints and coatings manufacturer Jamestown Coating Technologies has entered into a definitive agreement under which it will acquire Ohio, US-based coatings and coatings resins manufacturer The Yenkin-Majestic Paint Corp's industrial paint business, producing coatings for the OEM market under the YM-Industrial brand, the company said.

The sale of Yenkin-Majestic's industrial coatings business continues the company's shift to focus investment on its OPC Polymers unit, which supplies the coatings industry with alkyd, copolymer, and specialty resins.

Jamestown Coating Technologies, based in Jamestown, Pennsylvania, is a 6th generation, family-owned manufacturer of consumer packaging coatings and industrial paints and coatings.

Serving Original Equipment Manufacturers and Packaging Converters across the globe, Jamestown custom formulates its products to help improve its customers' profitability.

Jamestown produces coatings that minimize waste, improve throughput, offer superior corrosion protection, and reduce energy consumption.

Yenkin-Majestic Paint Corp., based in Columbus, Ohio, is the owner of OPC Polymers, one of North America's leading suppliers of coatings resins.

OPC Polymers serves the paint industry through continuous innovation in its broad portfolio of alkyd, copolymer, and specialty resins. This family-owned business began in 1920.