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Carboline acquires Finnaren & Haley Marine & Industrial assets

Carboline acquires Finnaren & Haley Marine & Industrial assets

By: Tim Wright

Editor-in-Chief, Contract Pharma

Carboline Company has acquired the marine and industrial assets of Finnaren & Haley, a national supplier of marine, industrial and architectural products.
 
Finnaren & Haley is a well established, privately-held paint manufacturer and retailer headquartered in Conshohocken, PA. The marine and industrial coatings are sold throughout the U.S. and internationally, and consist of a full-line of new construction and maintenance coatings that are specified, sold and applied to U.S. government vessels, tug boats, barges, work boats and other shipyard customers/owners. Key customers are located throughout the U.S. Finnaren & Haley marine coatings are also included as specifications for Army new construction, maintenance and for the Army Corps of Engineers.
 
With the acquisition of Finnaren & Haley’s marine and industrial products, Carboline will have a complete product line and large sales organization to serve national marine owners and shipyards.
 
“We are excited about the opportunity the Finnaren & Haley product line offers us,” said Richard M. Wilson, president, Carboline Company. “Carboline now has the products and specifications to be a leading supplier of specialty marine products. This acquisition supports our long-term strategy of maintaining our leadership position in the industrial and marine coatings markets in North America and internationally.”

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