Kolene - Parker Celebrate 50 Years of Partnership

DETROIT, Jan. 20, 2011 /PRNewswire/ -- Kolene Corporation announced today that it celebrated its 50-year business anniversary with Parker Corporation of Tokyo, Japan. The occasion was marked with the presentation of a distinctive Tiffany clock to Parker Chairman, Mr. Kikuo Satomi, at Parker headquarters in Tokyo.

In making the special presentation in Japan, Kolene President and CEO Roger L. Shoemaker said, "This partnership has been rewarding to both parties. It has helped Kolene build its global metal cleaning and chemicals business during our 50 years of cooperation. Today, we are announcing a renewal of our license agreement for Parker to continue to sell and distribute Kolene products throughout Asia."

About Parker:

Parker Corporation is a Japan-based manufacturing company with worldwide operations. It provides special machinery, anti-rust materials, noise-absorbing materials, surface treatment chemicals, acoustic insulations and damping materials, and a broad assortment of other specialized industrial products.

About Kolene:

Founded in 1939, Kolene Corporation is headquartered in Detroit. It has pioneered molten salt processes for cleaning and treating a wide variety of metal products. With a network of licensees, the Company provides specialized process chemicals, custom-engineered equipment, technical support, and process know-how to industrial and military customers.

SOURCE Kolene Corporation

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