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Description: ALT is a startup company. We’re seeking funds to install equipment and proceed with phase II of the development of a unique and innovative coil coating process. The Business has adopted the exclusive use of the Terronics powder application method. ALT had used and vetted this technology to produce a powder coating coil. This ground-breaking process will transform the coil coating industry in the USA and throughout the world. ALT plans to construct an ecological friendly coil coating line in Gary In. ALT will expand upon and exploit this powder coating process by selling powder coated coil into the metal fabricating markets. ALT will supply revolutionary unique products that can’t be duplicated by conventional coil coaters in the manufacture of prepainted steel and aluminum. Current coil coating lines are capital, labor and energy intensive with substantial environmental compliance costs. ALT will develop unique powder coated coil products not currently available in the prepainted marketplace. These powder painted products will not be easily replaced by the competition. ALT’s competitive advantage is created by designing a small footprint coil line. A line without VOC emission controls and without an extensive chemical cleaning section, thus eliminating hazardous waste. The environmental compliance costs created by VOC’s, liquid and solid waste generation and air monitoring are all avoided. This alone adds significant financial benefits to ALT when competing with liquid coil coating. The ALT coating process design, can be sold to end use manufacturers, generating revenue through equipment sales, and licensing agreements.
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