New paint plant projects are keeping Giffin Inc. busy these days. The U.S. turnkey paint shop supplier has multiple projects underway in Michigan, Ohio and Texas, and a line of other customers reviewing a proprietary technology that captures paint emissions using less water and energy.
It's not always good times in the automotive paint sector.
Building paint plants can be a boom-or-bust business. Automakers don't enter into such projects lightly. They are typically the most expensive and complex piece of a manufacturing operation and can trigger time-consuming regulatory reviews.
But Giffin has captured a big piece of the industry at the moment.