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Founded in 1968, Coral Industries has a rich legacy of developing custom adhesive and glue products tailored for specialized applications, including seating products for aviation, personal protective equipment for defense and law enforcement, and even unique adhesives used in the iconic Rose Parade floats. Coral Industries’ commitment to quality and innovation has made it a trusted partner for customers requiring both solvent- and water-based adhesive solutions.
Acquisition Highlights:
• Enhanced Product Portfolio: The addition of Coral Industries’ proprietary and high-performance adhesives, including water-based, solvent-based, and epoxy solutions, strengthens AIT Chemical’s offerings to better serve industries like aviation, automotive, and protective equipment manufacturing.
• Sustainability Leadership: Coral Industries’ expertise in water-based adhesives aligns with AIT Chemical’s focus on environmentally responsible products, addressing the growing demand for low-VOC (volatile organic compounds) and eco-friendly solutions.
• Expansion Opportunities: This acquisition creates opportunities to modernize Coral Industries’ operations, including reintroducing sales and marketing efforts and establishing a digital presence to reach new customers across diverse markets.
• R&D and Production Growth: AIT Chemical will leverage its New Jersey facilities to expand Coral Industries’ research and development and production capabilities. This investment will increase capacity, enhance product offerings, extend market reach, and further elevate product quality.
Albert Chung, President of AIT Chemical and AI Technology, Inc. commented, “We are excited to welcome Coral Industries into the AIT Chemical family. Their legacy of innovation, exceptional quality, and dedication to serving specialized markets complements our vision and capabilities. Together, we will elevate the standards of the adhesives and sealants industry.”
Coral Industries will continue to operate from its LA facility while AIT Chemical invests in updating operations and expanding Coral’s reach through strategic marketing initiatives and leveraging its robust customer network.
William Romba
AI Technology, Inc.
+1 609-799-9388
[email protected]
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