Ferro Corporation
and Nanofilm today announced that they have reached an agreement whereby Ferro
will market Nanofilm's unique range of nano-coatings to the global glass and
ceramic markets.
This new relationship combines Ferro's extensive sales network and leading
performance materials supplier position in the glass and ceramic industries
with Nanofilm's technology platforms and experience in formulating thin films
for a wide range of substrates and surfaces.
"This is an excellent fit with our general business strategy to enhance
the value we bring to our customers through technology and product innovation,"
said Michael J. Murry, Vice President, Ferro Inorganic Specialties. "We
believe our partnership with Nanofilm offers some exciting synergies and will
benefit our application markets. We are pleased to be offering our customers
an expanded product portfolio with Nanofilm's cutting-edge technologies."
Scott Rickert, Nanofilm's co-founder, President and CEO, added, "Nanofilm
is truly excited to be working with Ferro to bring nanotechnology solutions
to their customers. We see tremendous growth opportunities created for us through
Ferro's global market leadership positions and look forward to a successful
relationship."