Coast Southwest acquired substantially all the assets of the Paso Robles, CA, surfactant manufacturing facility from The Lubrizol Corporation. Currently, the plant manufactures surfactants used in a wide range of personal care and industrial products.
WHO: Founded in 1985, Coast Southwest is a full-service, specialty chemical, surfactant, and silicone distributor in Placentia, CA. In 2003, Coast Chemical acquired the Southwest Silicone Division of PATH Silicones in Dallas, TX, and in 2005, expanded operations to begin manufacturing silicone emulsions.
The Lubrizol Corporation's Paso Robles, CA, surfactant manufacturing facility currently manufactures surfactants used in a wide range of personal care and industrial products.
IN THEIR OWN WORDS: "This surfactant business is virtually in our DNA,” said Joseph C. Cimo, President of Coast Southwest. “I have had over a 30-year affiliation with this site under its present ownership and before that with prior owner Chemron Corporation. Acquiring Paso Robles is extremely complementary to our business strategy of geographic and functional expansion. We believe that Coast Southwest offers the best prospects for the long-term viability of the site, its employees, and for the region economically.”
This acquisition follows the official opening of Coast Southwest’s new state-of-the-art corporate headquarters in Irving, TX, earlier this month.
“In a single month, we have completed the two most significant events in Coast Southwest’s 38-year history,” Mr. Cimo said. “Our third-generation business has grown from a regional chemical distributor with West Coast roots to a multi-location North American powerhouse. Our 105,660-square-foot headquarters becomes the center point of Coast Southwest’s strategy. The Paso Robles assets will allow Coast Southwest to improve its value chain position and assert its competitiveness in the marketplace.”
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