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Comment Business & Economics

Alstom acquires coating services company

By Gerald Ondrey |

Alstom Power Inc. (www.power.alstom.com) acquired the business and facilities of Amstar Surface Technology Ltd. and Amstar International Ltd. (Houston, www.amstar-usa.com). Amstar specializes in thermal spray coatings that protect surfaces against corrosion, erosion and wear. The company had sales of approximately $11 million in 2009 and employs around 50 people. This acquisition strengthens Alstom’s service offerings with advanced technologies that improve power plant component life.  Tim Curran, head of Alstom Power in the U.S., says, “This acquisition strengthens Alstom’s position as a leader in servicing the power generation market. Amstar’s patented materials and proprietary spray technology are amongst the most advanced technologies in the thermal spray market. These advances will allow us to improve the life cycle performance of power plants and enhance our leadership position in applied surface technologies.” The service market for installed power generation equipment continues to grow as power plant customers increasingly seek to optimize the efficiency and reduce emissions on their existing units. Amstar’s advanced surface technologies will play a vital role in helping our customers…
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