Metals and Mining
Company Overview of MetoKote Corporation, Inc.
MetoKote Corporation, Inc. provides custom protective coating solutions to customers in the United States and internationally. It offers a range of custom coating services, such as electro coatings, powder coatings, liquid paintings, metal finishing, and other custom coatings; and equipment coatings, coating applications, and related management and support services. The company also provides project management of protective coating applications, including evaluations, engineering designs and modeling, optimal solution recommendations, program managements, installations, launching, quality assurance, and process management. It offers its services for agriculture, computer, furniture, lawn and...
1340 Neubrecht Road
Lima, OH 45801
Founded in 1969
Key Executives for MetoKote Corporation, Inc.
Chief Executive Officer and President
Chief Financial Officer and Vice President
President of Blue Bird Corporation
Managing Director of Europe Operations
Compensation as of Fiscal Year 2013.
MetoKote Corporation, Inc. Key Developments
MetoKote Corporation Announces New Powder Coating Line in Peru, Illinois
Sep 25 13
MetoKote Corporation has announced the addition of a new powder coat system at their Peru, Illinois facility. This new line was installed to provide additional product offerings to those customers seeking both electrocoat and powder coat. Utilizing a Nordson ColorMax(R) Quick Change Powder Coating System, the new line is located in a controlled room to insure ideal temperatures for powder application, storage and to control environmental contaminates. The attached conveyor system is equipped with load bar tracking to provide online work instructions to allow employees to instantly view part integrity and provide quality alert notifications to help insure superior part quality. Currently coating four colors, with the ability to coat limitless colors, this line is also designed for fast color changes. Consistent with the part window of their black electrocoating line, this system can accommodate parts up to 36"w x 72"h x 72"l in size and weighing up to five hundred pounds.
MetoKote Corporation Announces Agreement with Level 3 Communications, Time Warner Cable and PERRY proTECH to Provide Wide Area Network Connections
Jun 20 13
MetoKote Corporation has announced new network agreements with Level 3 Communications, Time Warner Cable and PERRY proTECH to provide wide area network connections to its 29 production facilities around the globe. MetoKote will be transitioning to a hybrid network consisting of MPLS and fiber connections that will further enhance system performance and reliability. As part of this move, MetoKote will install a fully functional remote hot site that will duplicate all critical business systems needed for daily global operation.
MetoKote Corporation, Inc. Announces New Credit Agreement
May 24 12
MetoKote Corporation, Inc. announced that on May 18, 2012, the company entered into a new five year credit agreement with Huntington National Bank, as Administrative Agent, FirstMerit Bank as Syndication Agent and First Commonwealth Bank, First National Bank of Pennsylvania, Sumitomo Mitsui Banking Corporation and TriState Capital Bank, as lenders. The credit agreement provides for borrowings under a revolving credit facility and a term loan facility maturing in 2017. The proceeds received by the company from loans made under the credit agreement were used to repay the company's previous credit facility and for general corporate purposes. This new $80 million credit facility has much improved terms and conditions compared to the previous loan facility and will provide the company the flexibility and lender support to pursue its growth strategy.
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September 4, 2013