Charleston, SC (August 26, 2014) – Mankiewicz Coatings, part of the Mankiewicz Group to which the brand ALEXSEAL belongs, has announced the expansion of its U.S. headquarters just four years after the ribbon cutting ceremony of the new facility in Charleston, SC. This is in response to a need for greater space and capacity to better serve the U.S. market, which they have now been operating locally within for 17 years. Managing Director of Mankiewicz Coatings, Peter Dietz explains that “After increasing local production and relocating to Charleston, SC, we were able to demonstrate to our customers the commitment to the U.S. market. The proximity to the Charleston seaport, the ability to produce locally and the access to southern truck routes to reach our customers on the west coast finally paid off.”
The new site provides an existing 25,000 square foot building and 10 acres of land on which the company intends to build a brand new Research and Development lab, state of the art production facility, a semi-automated logistical center, as well as a training facility to help educate and train applicators on new technologies. Just three years after its relocation to Charleston, the US subsidiary was able to double their revenue. “It was an easy decision for our owner, Michael Grau, to approve an additional investment of 20 million USD for the project. The first phase of the expansion should be finalized by the first quarter of 2015. We strongly believe in the US market and are very grateful for the excellent support provided by Berkeley County and the State of South Carolina,” says Dietz. Mankiewicz Coatings, LLC is a subsidiary of Mankiewicz Gebr. & Co., which was founded in 1895 and is operating facilities in more than 20 countries around the world to ensure global availability of its high quality coating systems. President & CEO Michael Grau adds, “…serving the US market with excellent products through a reliable supply chain must be performed locally. By launching the next phase of our US operations, I am convinced to be able to provide that kind of service in a competitive way…”
The incredible growth in revenue and recognition that Mankiewicz Coatings has experienced in the U.S. market can be partly attributed to the exponential growth of Alexseal Yacht Coatings. This growth started with the first yacht owners & builders who were willing to trust an innovative new product on their vessel over ten years ago. Proudly, discerning mariners and shipyards around the U.S. and the world now recognize – and demand – ALEXSEAL’s superior marine coatings systems.