San Francisco, California – Hybrid Coating Technologies has received a follow-on purchase order from its US-based distributor, Industrial Finishes & Systems (IF). Total orders from IF have now exceeded $200,000.
The two companies are working closely together to support distribution, said Hybrid. Efforts include the independent testing of products, which they hope will distinguish the products’ mechanical and chemical resistance properties from the competition, the company added.
They are also working to secure green certifications, which they hope to achieve in 2017. Product formulations are being refined to fit specific real-world market demands of IF customers, said Hybrid.
“We are very pleased with the progress that IF has achieved to date, and with its pipeline of potential customers,” said Joseph Kristul, Hybrid’s president and chief executive. “We look forward to generating significant revenues in the upcoming year.”