Washington-based Specialty Products (SPI), a manufacturer of spray-applied polyurea elastomers, polyurethane foams and custom plural component equipment, has joined the VersaFlex family of companies.
Headquartered in Lakewood, Washington, SPI is a leading manufacturer of specialty polyurea and polyurethane foams coatings with more than 45 years of experience formulating high-performance solutions.
“This is an exciting opportunity for employees and customers of SPI,” says Robert Jamieson, executive vice president M&A and Integration at VersaFlex. “Building on the 45 year success of SPI under the direction and leadership of Dan Helton and Curt Josaitis, merging with VersaFlex will allow SPI and its customers to reach new levels of success with a broader product offering and innovation support.”
SPI joins VersaFlex, Raven Lining Systems, Milamar Coatings, Bridge Preservation and Vanberg Specialized Coatings as part of a growing portfolio of specialty coating solutions across an array of markets and industries.
“We’re excited to join forces with SPI. This move allows us to broaden our specialty coatings portfolio and increase our focus on polyurea coating and foam solutions,” says Tom Verghese, VersaFlex CEO. “We look forward to leveraging the increased scale this acquisition provides.”
In addition to Lakewood, Washington, SPI also has operation centers in Rowlett Texas, Chicago Illinois, and Anchorage Alaska. SPI is a founding member of the Polyurea Development Association (PDA). With a technical staff of a combined total of 180 years of experience, SPI is a trusted source for polyurea coatings, foam products and spray application equipment.
SOURCE – VersaFlex