What Matlab does

Matlab is a privately held, for-profit commercial coatings services provider headquartered in Asheboro, North Carolina, United States. According to firmographic data, the company has been operating continuously since 1979 and employs between 51 and 100 people. Its core offering comprises powder coating and wet coating services for industrial customers, positioning it as a contract coating supplier rather than a coatings manufacturer or technology vendor.

The company operates a single-site business model centered on its Asheboro facility, with a website (matlabinc.com) that currently displays only a placeholder/loader page and yields no additional product, pricing, or capability detail. No product launches, technology platforms, certifications, patents, partnerships, leadership details, funding history, M&A activity, or customer logos are documented in the available source material.

The ownership commentary in the input explicitly notes that the source material consists of a placeholder webpage plus a research article referencing the MATLAB computational software product (bvp4c solver, Neural Network Toolbox), which describes MathWorks' software platform rather than Matlab the coating services company. Accordingly, the technology and AI capability data blocks are not attributable to Matlab Inc. and have been excluded from this analysis. Revenue model, pricing, and customer segment detail are not disclosed, limiting the analytical conclusions that can be drawn from public information.

Name

Matlab

Website

https://matlabinc.com

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

51–100 employees

Short description

Matlab is a privately held US industrial coatings services provider based in Asheboro, North Carolina, founded in 1979, offering commercial powder coating and wet coating services with a 51–100 employee headcount.

Ownership category

akta.pro rank

Product category

Industrial Coating Services

NAICS

Paint and Coating Manufacturing (32551)

SIC

Coating, Engraving & Allied Services (3470)

akta.pro primary industry

Powder Coating Services (IMAIAKAD)

akta.pro secondary industry

Industrial & Commercial Painting/Coatings/Surface Treatment (IMAIAAAK)

Keywords

• Powder coating services
• Wet coating services
• Industrial coating
• Surface finishing
• Commercial coatings

Headquarters

HQ city

Asheboro

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales, Others

Core offering

Matlab provides commercial powder coating and wet coating services to industrial customers. The company applies protective and decorative coatings to metal and other substrates, serving as a specialized surface finishing provider for manufacturers and fabricators.

Product overview

MATLAB is a unified technical computing environment that combines numerical computation, visualization, and programming capabilities. The core MATLAB platform provides an interactive environment and high-level language, supplemented by specialized toolboxes including the Neural Network Toolbox for machine learning applications. The bvp4c solver enables boundary value problem solving for differential equations, while the neural network capabilities support predictive modeling and surrogate model development for complex engineering simulations.

Differentiator

Problem solved

Functional benefit

Products and services

• Powder Coating Services
• Wet Coating Services

Quantifiable outcome

• Mean squared error values as low as 6.9182 × 10⁻¹² for velocity gradients and 1.4653 × 10⁻¹¹ for temperature profiles in neural network training
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature2 records

Broad incumbents

• Bodycote: Bodycote is a global provider of heat treatment and surface finishing services, including powder coating and related metal finishing. Comparable to Matlab as an industrial surface treatment services provider, though Bodycote operates a much broader global footprint and end-market mix.
• PPG Industries: PPG is a global coatings manufacturer and applicator serving industrial, automotive, and architectural end markets. Comparable to Matlab in the broader industrial coatings space, though PPG operates at vastly larger scale and is primarily a product manufacturer.
• Sherwin-Williams: Sherwin-Williams is the largest North American coatings manufacturer with a substantial industrial finishes segment including powder coatings. Comparable to Matlab as a major industrial coatings participant, though Sherwin-Williams is primarily a product manufacturer with limited direct service operations.
• Axalta Coating Systems: Axalta is a global coatings company specializing in refinish, industrial, and powder coatings. Comparable to Matlab as a major powder coating industry participant, though Axalta is a product manufacturer rather than a service applicator like Matlab.
• AkzoNobel: AkzoNobel is a global paints and coatings manufacturer with a strong industrial coatings portfolio. Comparable to Matlab in the industrial coatings value chain, though AkzoNobel is a multinational product manufacturer rather than a regional service shop.
• BASF Coatings: BASF's coatings division supplies automotive, industrial, and decorative coatings globally. Comparable to Matlab as a major coatings industry participant, though BASF is primarily a product manufacturer with limited North American industrial service operations.

Others

• TCI Powder Coatings: TCI is a North American manufacturer of powder coatings used in industrial finishing. Comparable to Matlab as a powder coatings value-chain participant, though TCI is a powder coating product supplier rather than a competing applicator.
• IFS Coatings: IFS Coatings is a specialty powder coating manufacturer serving industrial and architectural end markets. Comparable to Matlab as a powder coating value-chain participant, though IFS is a powder coating product supplier rather than a competing service provider.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks4 records

Key highlights3 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Matlab