Products Finishing

NOV 2013

Products Finishing magazine is the No. 1 industrial finishing publication in the world. We keep our readers informed about the latest news and trends in plating, painting, powder coating, anodizing, electrocoating, parts cleaning, and pretreatment.

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Page 19 of 59

aerOSPaCe Filled to Capacity? An analytic look at the U.S. aerospace fnishing industry. By Ryan MuRphy Salem PartnerS 18 NOVEMBER 2013 Ñ The surface finishing industry is experiencing a business environment unlike anything seen in the last 20 years. The strength of today's operating environment has led to outstanding revenue and profitability growth, allowing finishers to fully recover from the recession. In particular, the commercial aerospace industry—through expanding build-rates for new plane platforms such as the B737, B787 and others—has created a substantial amount of additional work for machining and finishing shops throughout the country, providing a direct benefit to providers of anodizing, plating and thermal spraying services. But the challenges faced by owners of processing businesses are pressing, as both customers and regulatory agencies amp up demands for management attention and resources. Supportive end-market dynamics, combined with a rapidly changing customer base and industry, have led to a dramatic increase in the number and valuation of mergers and acquisitions among private, family-held metal finishing companies.

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