As a result of significant growth over the last few years, along with product line expansions like two-component urethane paints, MRT is investing in new manufacturing and R&D capabilities to keep up with customer demand. We are pleased to announce the transfer of manufacturing to the RPM Industrial Coatings Group, Inc. facility in Hudson, North Carolina, as well moving lab personnel to the new state-of-the-art RPM Industrial Coatings Group Inc. Research, Development, & Innovation Center of Excellence in Greensboro, North Carolina.
The new dedicated MRT production environment will triple current production capacity and functionality under one centralized location for Pettit®, Ramuc®, Tuff Coat®, ValvTect®, and Woolsey®. This includes the installation of larger tanks, advanced manufacturing equipment, dedicated clean area environment for sensitive two-component urethane paints, and expanded product packaging capabilities. The facility will provide faster production and shipping times to MRT’s Global Distribution Center in Mount Airy, North Carolina, just 90 minutes away.
The new 60,000 square foot, RPM Industrial Coatings Group Research, Development, & Innovation Center of Excellence will provide MRT enhanced R&D capabilities, including inhouse coatings and fuel additives testing, faster new product development, and increases to our technology footprints within each of our 3 segments (Marine, Aquatics and Parks, and
Motorsports and RV). As a result of this move, we anticipate the Rockaway, New Jersey facility will stop production of existing products by December 31, 2023. Transitions are underway and should be fully complete by January of 2024.