May 18, 2005 — Nanocoating company Ecology Coatings Inc. granted Red Spot Paint & Varnish a license to manufacture and sell a proprietary product for use in applications in North America, the companies announced. Terms of the licensing agreement were not disclosed.
Based in Akron, Ohio, Ecology Coatings develops nano-engineered ultraviolet curable coatings. Red Spot provides advanced, high-performance coatings for plastics to automotive and consumer product markets.