Duralar Acquired by AGM Container Controls
Both AGM and Duralar are currently headquartered in Tucson, Ariz.; Duralar will be relocated into the AGM headquarters facility by the end of the year.
AGM Container Controls, Inc. recently announced its acquisition of Duralar Technologies, a manufacturer of advanced ultra-hard metal coatings and coating systems. Duralar will become a wholly owned subsidiary of AGM. Both AGM and Duralar are currently headquartered in Tucson, Ariz.; Duralar will be relocated into the AGM headquarters facility by the end of the year.
“We are excited to welcome Andrew and the Duralar team to the AGM family,” said Howard Stewart, AGM president and CEO. “Duralar’s cutting-edge coating technology will enable AGM to deliver a whole new spectrum of solutions that will help our customers meet the exacting standards that define the aerospace and defense industries. Duralar’s ability to customize these coatings for specific applications gives us new opportunities for innovation while delivering increased value for our customers.”
“Becoming part of AGM is going to significantly increase Duralar’s critical mass in the market and allow us to fully realize the vision the company was founded upon,” said Andrew Tudhope, CEO of Duralar. “AGM’s deep background and experience in high rigor manufacturing will allow us to bring new expertise and additional developmental resources to bear on both the product development process and market expansion efforts. The Duralar team has developed some truly remarkable hard-coatings technology, and now we’re going to be able to bring it to more industries and applications than ever before.”