CCT to merge with ATP.

Coating & Converting Technologies, a tapes producer, agreed to merge with ATP, a client-specific adhesive products manufacturer. Financial terms are not disclosed. "I am very excited for CCT to become part of ATP – whose DNA is very similar to ours and focuses on offering the best overall value solution to customers. Further, having access to ATP's leading adhesive technology and formulation know-how will deliver great benefits to our customers, while establishing CCT as one of the leading speciality adhesive tape manufacturers in North America," Rich Hipp, CCT CEO.