Lamberti and Covestro Reach Agreement on East Providence Site
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Lamberti and Covestro recently announced Lamberti's acquisition of Covestro's East Providence, Rhode Island, site. The sale includes the real estate, equipment, and products produced at the site and preserves the jobs of employees at the East Providence facility.
“This acquisition represents a significant step forward for Lamberti, enhancing our position in the PUD technology. It marks a strategic milestone, establishing a local production presence in the United States. This ensures greater proximity to our customers, a more resilient supply chain, and a tailored response to the needs of the surface treatment market," said Patrick Balletto, chief operating officer at Lamberti.
Lamberti reports that the company will continue to support the existing customers of the East Providence facility and work to ensure a smooth transition.
Learn more about Lamberti at www.lamberti.com. Additional information about Covestro is available at www.covestro.com.
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