Lincotek Surface Solutions Company Profile

Background

Overview

Lincotek Surface Solutions, formerly known as Turbocoating, is a global leader in providing specialized surface treatment services for the aerospace and industrial gas turbine (IGT) sectors. Established in 1973 and headquartered in Rubbiano di Solignano, Parma, Italy, the company has expanded its operations to include facilities in France, Switzerland, and the United States. With over 1,800 employees across 18 production sites worldwide, Lincotek Surface Solutions offers a comprehensive suite of services, including thermal spray coatings, surface finishing, and post-coating treatments.

Mission and Vision

Lincotek Surface Solutions is committed to delivering high-quality, innovative surface treatment solutions that enhance the performance and longevity of aerospace and IGT components. The company's mission is to be a trusted partner for Original Equipment Manufacturers (OEMs), providing integrated supply chain solutions that meet the evolving demands of the industry. Its vision is to lead in technological advancements, ensuring customer satisfaction through excellence in service and product quality.

Primary Area of Focus

The company's primary focus is on surface treatments for aerospace and IGT components, including turbine blades and vanes. By offering a range of specialized services, Lincotek Surface Solutions aims to improve component durability, efficiency, and overall performance.

Industry Significance

Lincotek Surface Solutions holds a significant position in the aerospace and IGT sectors, recognized for its expertise in thermal spray coatings and surface finishing. The company's services are critical in enhancing the reliability and efficiency of turbine components, thereby contributing to the advancement of aerospace and energy technologies.

Key Strategic Focus

Core Objectives

Innovation: Continuously develop and implement advanced surface treatment technologies to meet the evolving needs of the aerospace and IGT industries.

Quality Assurance: Maintain high standards of quality and reliability in all services, ensuring compliance with industry certifications and customer specifications.

Customer Collaboration: Forge strong partnerships with OEMs to provide tailored solutions that address specific challenges and requirements.

Specific Areas of Specialization

Thermal Spray Coatings: Utilizing processes such as High-Velocity Oxygen Fuel (HVOF), vacuum plasma, and air plasma to apply protective coatings that enhance component performance.

Surface Finishing: Offering services like laser and Electrical Discharge Machining (EDM) cooling hole drilling, welding, heat treatments, and brazing to refine component surfaces.

Additive Manufacturing: Employing 3D printing technologies to produce complex component geometries and repair parts, expanding design possibilities.

Key Technologies Utilized

Thermal Spray Processes: Advanced techniques for applying protective coatings to components.

Additive Manufacturing: 3D printing technologies for producing complex component geometries and repair parts.

Surface Finishing Techniques: Laser and EDM cooling hole drilling, welding, heat treatments, and brazing.

Primary Markets Targeted

Aerospace: Supplying surface treatment solutions for commercial and military aircraft components.

Industrial Gas Turbines: Providing services for turbine blades and vanes used in power generation and industrial applications.

Financials and Funding

Funding History

As a privately held company, Lincotek Surface Solutions has not publicly disclosed detailed financial information or funding history.

Recent Developments

Acquisition of Hitemco: In July 2022, Lincotek acquired Hitemco, a U.S.-based company specializing in thermal spray and diffusion coatings. This acquisition expanded Lincotek's capabilities in the U.S. market and broadened its service offerings.

Acquisition of Danco Medical: In February 2022, Lincotek acquired a majority stake in Danco Medical, enhancing its surface preparation and finishing capabilities for the medical device sector.

Pipeline Development

Lincotek Surface Solutions focuses on continuous innovation and development of new surface treatment technologies to meet the evolving needs of the aerospace and IGT industries. Specific pipeline candidates and timelines for anticipated milestones are not publicly disclosed.

Technological Platform and Innovation

Proprietary Technologies

Advanced Thermal Spray Coatings: Utilizing proprietary processes to apply protective coatings that enhance component performance.

Additive Manufacturing Capabilities: Employing 3D printing technologies for producing complex component geometries and repair parts.

Significant Scientific Methods

Surface Finishing Techniques: Implementing advanced methods such as laser and EDM cooling hole drilling, welding, heat treatments, and brazing to refine component surfaces.

AI-Driven Capabilities

While specific AI-driven capabilities are not detailed, Lincotek's commitment to innovation suggests ongoing efforts to integrate advanced technologies into its processes.

Leadership Team

Key Executives

Winfried Schaller: CEO of Lincotek Group, overseeing the strategic direction and operations of the company.

Tom Hammond: President of Hitemco, leading the integration of Hitemco into Lincotek's operations.

Professional Backgrounds and Contributions

Winfried Schaller: Brings extensive experience in the manufacturing sector, focusing on enhancing service offerings and expanding market presence.

Tom Hammond: With a background in coating and surface finishing, he has been instrumental in Hitemco's growth and its integration into Lincotek.

Competitor Profile

Market Insights and Dynamics

The aerospace and IGT surface treatment market is characterized by technological advancements, stringent quality standards, and a focus on component performance and durability. Companies in this sector are continually innovating to meet the evolving demands of OEMs and end-users.

Competitor Analysis

Chromalloy: A leading provider of advanced coatings and repairs for gas turbines, serving both commercial and military sectors.

Praxair Surface Technologies: Specializes in surface treatment solutions, including thermal spray coatings and surface finishing services.

Oerlikon Metco: Offers a range of coating solutions and surface treatment technologies for various industrial applications.

Strategic Collaborations and Partnerships

Lincotek Surface Solutions has strengthened its market position through strategic acquisitions, such as Hitemco and Danco Medical, enhancing its capabilities and expanding its service offerings.

Operational Insights

Lincotek's integrated approach, combining thermal spray coatings, surface finishing, and additive manufacturing, provides a comprehensive solution to OEMs, differentiating it from competitors that may offer more specialized services.

Strategic Opportunities and Future Directions

Lincotek Surface Solutions is well-positioned to leverage its expanded capabilities and global presence to capture new market opportunities, particularly in the U.S. and Asia-Pacific regions. Ongoing investments in research and development aim to drive innovation and meet the evolving needs of the aerospace and IGT industries.