~Strengthening of UV-Cure product line through Advanced Technology Expansion~
FSI coating Technologies, Inc., the globally recognized leader in premium, high performance, anti-fog coating solutions announced today that parent company SDC Technologies, Inc. (SDC) obtained a majority membership interest of Lens Technology I, LLC (LTI) on July 31, 2014. Based in La Mirada, California, LTI is a recognized leader in the development and manufacture of high performance, proprietary UV curable, and thermal curable anti-scratch coatings. SDC is a global manufacturer of innovative abrasion resistant coatings.
“We’re excited to welcome the LTI team into the SDC family and look forward to significantly accelerating our growth in the ophthalmic coatings market. Our global customers will benefit from the combined resources of both companies; giving them access to expanded industry leading technologies, a broader product portfolio, superior service, and technical support. John Quinn, President of LTI will continue with the company and will be responsible for managing operations as well as assuming an expanded role in the sales and marketing of UV curable coating products,” said Antonios Grigoriou, President and CEO of SDC Technologies.
“We are pleased to become a partner of a well-respected company like SDC Technologies,” said John Quinn, President of LTI. “LTI and SDC will further enhance and reinforce our valued relationships with customers and distributors around the world as we further expand business operations,” he added.
SDC Technologies targets expansion of its global specialty coatings business through LTI’s cutting-edge UV curable technology and partnership with industry leading optical laboratories, distributors and equipment manufacturers.
ABOUT FSI COATING TECHNOLOGIES
FSI Coating Technologies (FSI) based in Irvine, California was founded in 1986. In 2010, FSICT was acquired by SDC Technologies Inc. FSICT is a globally recognized developer and manufacturer of innovative commercial industrial coatings and film products. FSICT offers a wide variety of premium, high performance anti-fog solutions. Applications include medical, military, safety and sports eyewear, as well as industrial sheet and PET film for commercial freezer display doors. FSI Coating Technologies is a wholly-owned subsidiary of SDC Technologies.
ABOUT SDC TECHNOLOGIES
Founded in 1986, SDC Technologies, Inc. is headquartered in Irvine, California. SDC was acquired by Mitsui Chemicals, Inc. in 2008. SDC is the pioneer of innovative performance-based abrasion resistant coatings used in a variety of applications from aerospace and automotive parts, to vision eyewear.
ABOUT LTI COATING TECHNOLOGIES, LLC (FORMERLY LENS TECHNOLOGY I)
LTI was formed in 1986 to address the optical industry’s requirement for hard coatings and tintable coatings for plastic and polycarbonate lenses. LTI is a world leader in ophthalmic hard coatings with a major market share of the optical laboratory market and has received four Awards of Excellence from the Optical Laboratories Association for best-in-class coating equipment.