4/1/2009 Salvo Coatings Inks Supply Agreement With DaeHwa Paint

March 27, 2015

Tucker, GA—Salvo Coatings LLC, a boutique coating firm with expertise in thin­ and thick-film coatings, is proud to announce a strategic manufacturing agreement with DaeHwa Paint of South Korea. Under the terms of the agreement, DaeHwa will act as a toll manufacturer for Salvo Coatings’ proprietary coatings. With an annual capacity of around 25 million gallons, DaeHwa enables Salvo to be a cost­competitive supplier of a variety of thick­ film products. At the same time, the arrangement also enables Salvo to manufacture coatings locally in the United States when cost or customer requirements support it. “Manufacturing success is driven by performance, cost, and volume,” said Patrick Kelly, chief technology officer of Salvo Coatings. “The agreement with DaeHwa addresses all three of those points.” Since its launch in 1970, DaeHwa Paint has developed into a coating manufacturer with extensive experience and accumulated technology. The privately held company produces a wide range of products, including thermoplastic and solvent­borne paint, as well as environmentally friendly water­based paints.

About Salvo Coatings LLC

A member of Salvo Technologies LLC family of companies, Salvo Coatings LLC is a boutique coating firm that specializes in custom formulations for industrial, medical, and military applications. It offers a broad product line of thin ­film and thick­ film coatings ranging from anti­reflection treatments for lenses to thermoplastic paints for metals. With both on­shore and off­shore production capabilities, Salvo Coatings has the ability to produce small volumes close to the facilities of domestic customers, and large volumes overseas with competitive pricing and strict compliance to specifications, at a capacity in the millions of gallons annually.

About Salvo Technologies LLC

Salvo Technologies LLC invests in and develops manufacturing companies serving the defense, security, and commercial markets. From its inception in 2007, it has grown into an organization with global reach and manufacturing capabilities on multiple continents. It is a privately held firm headquartered in Largo, FL. For more information please visit www.Salvo­-Technologies.com.

Media contact:

Chris Carroll

Business Development

Chris@Salvo-Technologies.com

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