Notre Dame News | August 3, 2018
Trion Coatings LLC, which owns an environmentally friendly chrome plating process developed in partnership between University of Notre Dame faculty members and a startup company based at the University’s IDEA Center, has sold a minority equity position in Trion’s parent company to Nucor Corp.
As part of its investment, Nucor will work with Trion Coatings to commercialize the technology by building the first commercial facility for the plating process at Nucor Fastener in St. Joe, Indiana. As part of the agreement, Nucor will hold exclusive worldwide license agreement rights for the technology as applied to long steel products.
“We are very excited to invest in this cutting-edge technology, working together with Trion Coatings and the University of Notre Dame to create a much safer work environment, and advancing this to the commercial level,” said John Ferriola, chairman, CEO and president of Nucor Corp. “As the nation’s largest recycler, we are constantly looking for ways increase the sustainability of our business and reduce the impact on our environment.”
Trion Coatings LLC, which incubated at Notre Dame’s IDEA Center, was formed for the purpose of developing an environmentally friendly alternative to hexavalent chromium in the chrome plating process. Developing a safer alternative to hexavalent chromium presents advantages in the market as the global regulatory environment becomes more stringent.
Trion Coatings’ patent-pending process uses trivalent chromium salts and a proprietary ionic liquid solution that offers faster electroplating speeds, improved wear resistance and overall higher performance results than traditional hexavalent chrome, while offering an excellent health and safety profile.
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