Nucor has become a minority shareholder in Notre Dame chrome plating spinout Trion Coatings and will build the spinout’s first manufacturing facility at its own base in Indiana.
Trion Coatings, a US-based chrome plating ingredient developer spun out of University of Notre Dame secured an undisclosed amount of funding today from steel product maker Nucor.
Nucor will take a minority equity stake in Trion Coatings’ parent company, which was not named in the press release.
Founded in 2015, Trion Coatings is developing a material to replace hexavalent chromium in the process of chrome plating, whereby a thin chromium sheet is affixed to a metal object for…
