Posted on Wed, Feb 16, 2011
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Keco Coatings has acquired a second facility for the company’s high‐performance coating operation in Indianapolis, IN. Keco plans to invest $1 million in the facility and hire 50 employees by 2013. The new jobs will include engineering, management, customer service and manufacturing positions. The 40,000 square foot facility on the city’s west side is adjacent to the downtown Certified Technology Park. Keco currently employs 25 people at its downtown Indianapolis facility and 20 people at its Statesville, NC location. The expansion allows the company to capitalize on the opportunities available in the domestic and international markets it serves, as well as enhance its high‐volume coating capabilities. Keco will offer its signature Kephos process at the new facility, which was developed for performance racing applications as a replacement for black oxide and anodizing. Kephos attributes include superior abrasion resistance and corrosion resistance, achieving up to 192 hours salt spray resistance per ASTM B-117 when applied at a one-half micron coating thickness, the company said. Founded in 1979 and headquartered in Indianapolis, IN, Keco Coatings specializes in custom services such as research and development prototype and distinct production categories. It is one of 22 DuPont Telflon licensed industrial applicators (LIAs) in the U.S. Industries Keco serves include aerospace, lighting, packaging, food, glass, automation, transportation, filtration, pharmaceutical and performance racing. The range of technologies KECO offers include a full line of signature products, with applications of non‐stick liquids and powders, conductive non-stick, dry film lube, ceramic, corrosion resistant, plasma, thermal barrier and Kephos.
Posted on Tue, Feb 15, 2011
Click here to review the Press Release
KECO COATINGS OPENS SECOND INDUSTRIAL FACILITY ON INDIANAPOLIS’ WESTSIDE; PLANS TO ADD 50 JOBS
Economic impact of industrial coating facility will generate jobs and impact Indy racing community INDIANAPOLIS (November XX, 2010) — Executives from KECO Coatings announced today they have acquired a second facility for the company’s high‐performance coating operation at 1102 W. 16th Street
where they plan to invest $1 million and hire 50 additional workers by 2013. The new jobs will include engineering, management, customer service and manufacturing positions with an average wage of $40,000 annually.
KECO currently employs 25 people at its downtown facility at 1030 S. Kealing Avenue. Projected sales at the second location will reach up to $3 million by 2013 bringing the total company revenue to more than $6 million. The new 40,000 square foot facility on the city’s west side is adjacent to the downtown Certified Technology Park and was previously home to Industrial Coating Services. It has two additional acres for future expansion.
“KECO’s success in Indianapolis is a testament to the entrepreneurial spirit and pro‐growth business climate that exists within our city,” said Indianapolis Mayor Greg Ballard. “Their expansion on the near Westside further confirms the attractiveness of the West 16th Street corridor for companies in the manufacturing, technology, and life sciences industries. We look forward to a long and successful relationship with KECO as their business continues to expand worldwide.”
Mike Klinge, president of KECO Coatings, acknowledged that the expansion will allow the company to capitalize on the opportunities available in the domestic and international markets it serves, as well as enhance its high‐volume coating capabilities. The company is planning to move its process development and performance racing business to the 16th Street facility by the end of 2011.
“During our search for a second location, we researched facilities in North Carolina, as well as Indianapolis,” said Klinge. “But expanding in Indianapolis outweighed other cities for many reasons. We love the excitement and energy connected to the Indianapolis Certified Technology Park, the positive feedback from the west side neighboring companies and the potential to grow our company near the most prominent racing address in the world — West 16th Street.”
The KECO Coating expansion comes on the heels of several other major job announcements for the city of Indianapolis. Just last month, Exact Target announced it was expanding and adding another 500 jobs downtown and Ascension Health announced it will open a new operations center on the city’s north side,creating 500 new jobs.
About KECO Coating
Founded in 1979 and headquartered in Indianapolis, Indiana, KECO Engineered Coatings, Inc. is a nationally recognized leader in coating applications and technology, specializing in custom services such as research and development prototype and distinct production categories — and one of 22 DuPont Telflon® licensed industrial applicators (LIAs) in the U.S. Industries KECO serves include aerospace, lighting, packaging, food, glass, automation, transportation, filtration, pharmaceutical and performance
racing. The range of technologies KECO offers include a full line of signature products, with applications of non‐stick liquids and powders, dry film lube, metallic ceramic, corrosion, resistant, plasma, wire and urethane.
About Develop Indy
Develop Indy is Marion County's local economic development organization. Develop Indy is dedicated to attracting new businesses, retaining and expanding existing businesses and serving as a catalyst for capital investment and quality job growth in Indianapolis/Marion County. Formed in 2007, Develop Indy
is led by CEO Scott Miller and a nine‐member board of directors appointed by Mayor Greg Ballard.
Media Contacts:
Melissa Todd (Develop Indy) 317.808.3272 or mtodd@developindy.com.
Beverly Smith (BKS Communications) c/o KECO 317.571.9857 or bkscom@earthlink.net.
Posted on Tue, Feb 15, 2011
A coatings business that took over a vacant 40,000-square-foot industrial building on the city's west side in December has begun a $1 million makeover in renovations, the company said today.
KECO Coatings also has begun recruiting sales and marketing partners nationally and recently hired a full time inside sales manager, part of 50 new employees it pledged to hire by 2013.
KECO said the location at 1102 W. 16th St. will feature technology upgrades, office equipment and structural changes that include new spray booths, spray ovens and upgrading the automated online parts washer. Exterior signage on the building will be in place by the end of February as it moves its its process development and performance racing business to the 16th Street facility.
The new facility is adjacent to the downtown Certified Technology Park and was previously home to Industrial Coating Services.
Posted on Mon, Dec 06, 2010
INDIANAPOLIS — Executives from KECO Coatings announced today they have acquired a second facility for the company’s high-performance coating operation at 1102 W. 16th Street where they plan to invest $1 million and hire 50 additional workers by 2013. The new jobs will include engineering, management, customer service and manufacturing positions with an average wage of $40,000 annually.
KECO currently employs 25 people at its downtown facility at 1030 S. Kealing Avenue. Projected sales at the second location will reach up to $3 million by 2013 bringing the total company revenue to more than $6 million. The new 40,000 square foot facility on the city’s west side is adjacent to the downtown Certified Technology Park and was previously home to Industrial Coating Services. It has two additional acres for future expansion.
“KECO’s success in Indianapolis is a testament to the entrepreneurial spirit and pro-growth business climate that exists within our city,” said Indianapolis Mayor Greg Ballard. “Their expansion on the near Westside further confirms the attractiveness of the West 16th Street corridor for companies in the manufacturing, technology, and life sciences industries. We look forward to a long and successful relationship with KECO as their business continues to expand worldwide.”
Mike Klinge, president of KECO Coatings, acknowledged that the expansion will allow the company to capitalize on the opportunities available in the domestic and international markets it serves, as well as enhance its high-volume coating capabilities. The company is planning to move its process development and performance racing business to the 16th Street facility by the end of 2011.
“During our search for a second location, we researched facilities in North Carolina, as well as Indianapolis,” said Klinge. “But expanding in Indianapolis outweighed other cities for many reasons. We love the excitement and energy connected to the Indianapolis Certified Technology Park, the positive feedback from the west side neighboring companies and the potential to grow our company near the most prominent racing address in the world — West 16th Street.”
The KECO Coating expansion comes on the heels of several other major job announcements for the city of Indianapolis. Just last month, Exact Target announced it was expanding and adding another 500 jobs downtown and Ascension Health announced it will open a new operations center on the city’s north side, creating 500 new jobs.
About KECO Coating
Founded in 1979 and headquartered in Indianapolis, Indiana, KECO Engineered Coatings, Inc. is a nationally recognized leader in coating applications and technology, specializing in custom services such as research and development prototype and distinct production categories — and one of 22 DuPont Telflon® licensed industrial applicators (LIAs) in the U.S. Industries KECO serves include aerospace, lighting, packaging, food, glass, automation, transportation, filtration, pharmaceutical and performance racing. The range of technologies KECO offers includes a full line of signature products, with applications of non-stick liquids and powders, dry film lube, metallic ceramic, corrosion, resistant, plasma, wire and urethane.
About Develop Indy
Develop Indy is Marion County's local economic development organization. Develop Indy is dedicated to attracting new businesses, retaining and expanding existing businesses and serving as a catalyst for capital investment and quality job growth in Indianapolis/Marion County. Formed in 2007, Develop Indy is led by CEO Scott Miller and a nine-member board of directors appointed by Mayor Greg Ballard.
Inside Indiana Business -December 2, 2010
Posted on Mon, Dec 06, 2010
A small Indianapolis coatings business that has ties to the motor sports industry will spend nearly $1 million to refurbish an idled Near-Westside plant, hire 50 workers by 2013 and rev up the city's growth in new-job pledges.
KECO Engineered Coatings said it looked at North Carolina before deciding on a 40,000-square-foot factory that is the former home of Industrial Coating Services. That's a recession-wracked one-time partner that shut its doors a year ago, said KECO President Mike Klinge.
KECO's move will rejuvenate the West 16th Street corridor, said city leaders who want to attract more manufacturing, technology and life sciences companies between Indiana Avenue and the Indianapolis Motor Speedway.
"We hope to make a difference" in the corridor's redevelopment, Klinge said. "When we found out these assets and real estate were available, it was something we were looking for and something we needed to do" to expand the company's performance racing division.
The company declined tax breaks or other economic incentives, Klinge said.
The new location comes with 2 undeveloped acres, room to grow if business is as good as projected. Plus, the business founded in 1979 will keep its 30,000-square-foot Southeastside plant.
KECO expects to generate sales of up to $3 million by 2013 thanks to its performance racing division, which will move from the Southeastside by the end of 2011. The new plant, which has been in a startup mode since September, allows for higher-volume work. It can reuse some existing equipment, such as ovens and compressors, and make upgrades.
The timing of KECO's news was not coincidental. This week, it is an exhibitor at the 2010 International Motorsports Industry show at the Indiana Convention Center. Floor space for exhibitors doubled this year from 2009, drawing nearly 20,000 people, according to spokesman Joe Crowley.
Develop Indy, the city's business recruiting arm, said it is promoting KECO and Dallara, an Italian automobile design and engineering company building a $7 million facility in Speedway, as examples of companies that have recently chosen to open or expand their motor sports businesses, said Melissa Todd, vice president of Develop Indy.
KECO will begin hiring in January. The average annual salary for the new jobs will be $40,000.
"Fifty new jobs on the (Near) Westside is a great thing, especially at the wage levels they are offering," Todd said. "While it's not high-tech or life science, it's jobs, and well-paid jobs, and more activity in this area."
Through Wednesday, the city had received 8,360 pledges for new jobs in 2010, a total Mayor Greg Ballard and Develop Indy tout as the highest in the decade and the most since 4,587 were pledged in 2007. The pledged capital investment of $866,149,000 also is the highest of the decade, Develop Indy reports.
Yet Marion County's jobless rate was 9.5 percent in October, higher than counties surrounding Indianapolis. The county's rate was 9.8 percent in January.
written by: Tom Spalding- Indianapolis Star-December 3, 2010
Posted on Mon, Sep 22, 2008
Indianapolis, IN - KECO Coatings has completed the first phase of expansion in its Statesville, North Carolina facility. KECO finalized its acquisition of Teknix Powder Coating in early December of 2007. KECO has since expanded the facility by an additional 6,000 square feet and invested over $500,000 in new equipment to apply Teflon® coatings as well as its signature Kephos process. KECO has also created 10 new production jobs and recruited a new management team.
Founded in 1980, KECO Coatings is a leading developer and applicator of high performance coatings for industries such as printing and packaging, lighting, aircraft, glass container and Racing, and is a licensed DuPont Teflon® Industrial Applicator (LIA). Headquartered in Indianapolis, Indiana, KECO has sales offices in Charlotte, North Carolina and Tucson, Arizona.
KECO President Mike Klinge states, "We are on schedule with the initial phase of activating the Teflon® coating process into our Statesville, North Carolina location, and our customers are already enjoying the benefit of bundling their powder coating and Teflon® coating requirements into one facility. Our capabilities in Statesville will continue to expand as we transition our entire coating portfolio into this location. We expect to double the size of this facility and create another 10 to 15 jobs over the next five years, if not sooner."
Posted on Mon, Mar 10, 2008
Indianapolis, IN - KECO Coatings has completed the acquisition of Teknix Powder Coating (Teknix) in Statesville, North Carolina. This acquisition will enable KECO to transition its Teflon® and plasma coating technology into the southeast territory. Teknix Powder Coating is located in the heart of the NASCAR region, which will make it more convientent for existing NASCAR customers to leverage KECO's coating portfolio.
Founded in 1980, KECO Coatings is a leading developer and applicator of high performance coatings for the printing, packaging, lighting, aircraft, glass container and racing industries and is a licensed DuPont Teflon® Industrial Applicator (LIA). Headquartered in Indianapolis, Indiana, KECO has sales offices in Charlotte, North Carolina and Tucson, Arizona.
KECO's President Mike Klinge states, "We've been looking at companies in the North Carolina area for a few years, primarily to be closer to our existing customer base and our printing and packaging marketing partners. Through this new location we will be able to service our racing customers who have relocated or expanded into the NASCAR region more efficiently. Services will include high volume automated powder coating, Teflon® and plasma coating. We anticipate additional employment opportunities will be created at Teknix as well as our headquarters in Indianapolis to support this facility."
Teknix's President William Warlick states, "I was prepared to sell my company and move on to another career when KECO approached me about purchasing Teknix. KECO's position in the industry and excellent reputation made the decision to sell easier. KECO has made a major commitment of resources and infrastructure to grow the business, and the acquisition has enabled me to continue what I enjoy doing - managing the sales and marketing for Teknix Powder Coating."
Posted on Fri, Jan 25, 2008
Indianapolis, IN. - KECO Coatings joins forces with corrugated printing press original equipment manufacturers (OEMs) to offer KECO-coated nonstick EZ Clean ink pans. This new aftermarket product reduces the cycle time associated with clean-up. KECO has developed high performance nonstick coatings for EZ Clean ink pans and traction release idler rolls for corrugated applications, and KECO can now supply OEMs with nonstick-coated parts, including ink pans and idler rolls. Through this new EZ Clean process improvement program customers can purchase new, coated ink pans and idler rolls from KECO direct.
Founded in 1980, KECO Coatings is a leading developer and applicator of high performance nonstick coatings for the printing and packaging industry and is a licensed DuPont Teflon® Industrial Applicator (LIA). Headquartered in Indianapolis, Indiana, KECO has sales offices in Charlotte, North Carolina and Tucson, Arizona. KECO Coatings applies Teflon® coating systems and plasma Teflon®. Conductive idler rolls are certified to ISO 9001-2001 and AS9100 standards.
KECO President Mike Klinge states, "More often than not our corrugated printing customers need OEM KECO-coated spare ink and adhesive pans to kick start our EZ Clean process improvement program. It has always been our goal to make it easier for our customers to tie-in to this unique offering. We feel that we have accomplished this by joining forces with the leading OEM printing press suppliers. Our customers simply need to supply us with the model and serial numbers of their printing press and then we can supply nonstick-coated equipment manufactured to OEM specifications in a matter of a few weeks. Typical return on investment (ROI) occurs within a few weeks after installation."
Posted on Thu, Nov 01, 2007
Indianapolis, IN-KECO Coatings, a leading developer and applicator of high performance coatings, announced today, that in conjunction with Rivers Metal Products, a premier manufacturer of sheet metal rotational molds, will jointly introduce the KECO 600 Tex/Release TM CoatingTM process at the Rivers Metal Products Exhibit Booth 326 during the ARM International Fall Meeting, November 5-7 2006 in Washington DC. The KECO 600 Tex/Release CoatingTM is a textured composite coating that combines the toughness of Tungsten Carbide and the release properties of Teflon®. When the process is applied to rotational molds it provides a unique secondary textured finish to rotomolded products.
The KECO 600 Tex/Release CoatingTM can be applied to new and existing rotational molds. It is available in a wide range of surface finishes as well as a variety of controlled non-stick release attributes. The KECO process can be applied to most alloys including stainless steel, carbon steel, aluminum and aluminum castings.
Dennis Anderson, Mold Department Supervisor with Rivers Metal Products stated, "Our goal is to continue to develop and deliver new technology and value to our customers at competitive prices and the KECO 600 Tex/Release CoatingTM offers both. It creates a textured finish to rotomolded products with the benefits of the non-stick release properties of Teflon® on the mold's surface.
This coating technology provides our customers with the option of using sheet metal rotational molds while achieving similar textured surface finishes that are available from shot peened aluminum."
Mike Klinge, President of KECO Coatings added, "KECO's mission is to develop and apply superior coating technologies for a variety of market segments-while maintaining quality and value. KECO takes pride in our ability to produce versatile coating applications that are interchangeable between related industries, which is vital to our ability to meet today's demanding market requirements. The KECO 600 Tex/Release CoatingTM process is just one example of our versatile products. Originally developed for the packaging industry to provide traction and release properties when applied to high speed packaging rollers. This product now proves to be a valuable application for multiple finishes that require the same attributes it offers."
"When marketing our technology, KECO seeks industry leaders that share our vision-leaders like Rivers Metal Products. Collectively we offer over 55 years of experience in our related industries and the quality and expertise our customers expect-a winning combination"
Posted on Wed, May 23, 2007
Indianapolis, IN (May 23, 2007) - KECO Engineered Coatings (KECO) announced today thatthey will sponsor the #99 Sam Schmidt Motorsports car at the Indianapolis 500 on May 27.DuPontTM Teflon® Industrial Coatings is a supporting sponsor.
According to KECO president Mike Klinge, "DuPontTM has played a vital role in KECO's success for more than 20 years. We are excited to have the opportunity to sponsor SamSchmidt Motorsports' Indy 500 #99 car with help from DuPont™ Teflon®. We have enjoyed ourassociation with Sam Schmidt since the inception of the Indy Racing League (IRL). His ontrack record speaks for itself, and what he has accomplished off track in conjunction with his paralysis foundation is just as important. When Sam signed 1996 Indy 500 winner Buddy Lazier to drive the #99 car we knew they had a winning combination."
Schmidt said, "The relationship I've shared with KECO has gone back since the start of my existence with the IRL. I can't say enough about how much I appreciate the support they've provided me for all these years. They're a great company, and I couldn't be more proud to be associated with them. I hope that we can continue this relationship for many years to come."
KECO uses Teflon® coatings in many industrial applications including automotive, performance racing, printing and packaging. Teflon® industrial coatings are also used in other industries, such as aerospace, electronics and chemical processing. For more information about DuPontTM Teflon® industrial coatings, visit www.teflon.com.
KECO Engineered Coatings-a leading developer and applicator of high performance
coatings-has been providing industrial coatings to industries such as aerospace, automotive, lighting, performance racing, packaging, food and glass, for over 20 years. KECO is ISO 9001:2000 and AS 9100 certified. More information about KECO Coatings may be found at: www.kecocoatings.com.