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LORD CORP. ACQUIRES L/T TECHNOLOGIES LLC
Lord Corp. has announced the acquisition of L/T Technologies, Inc. - a leading manufacturer of acrylic ultraviolet (UV) and waterborne coatings for wood products. A joint venture between Lord Corp. and Treffert GmbH and Co. KG, L/T Technologies specializes in the development, manufacture and distribution of waterborne and acrylic UV-curable wood coatings for printed composite boards (PB, HDF, HB), hardwood flooring, linear profiles and door skins, as well as furniture foils. L/T Technologies will continue to operate from its current office in Cary, NC, near Lord Corp's world headquarters. Further, L/T will remain the exclusive licensee representing North, Central and South America for the Treffert Group and their wood finishing technology. As such, L/T retains exclusive rights not only to existing technology, but also any new developments or advancements. L/T Technologies' High Performance Coatings (HPC) are typically applied as multi-layer systems by roller-coating technology and are cured by UV energy. The coatings are either micro-and/or nano-particle modified acrylated resins that yield extreme hardness, resulting in high mechanical resistance to scratch, impact and abrasion.