IPT

What IPT does

International Plating Technology (IPT LLC) is a Southington, Connecticut-based designer and manufacturer of custom industrial electroplating, anodizing, and wet process equipment, founded in 2003 by David Drake and partners. The company builds a comprehensive portfolio spanning plating and anodizing systems, automated hoists (overhead, cantilever, and rail types from 750-10,000 lbs), return-type indexing machines, aqueous cleaning equipment, modular equipment skids, plating tanks, barrels and parts, parts dryers and centrifuges, custom wastewater treatment systems, continuous wet process systems, and fluorescent penetrant inspection equipment. Underlying technology rests on PLC-integrated automation, robotic hoists, real-time monitoring of temperature, current density, and bath chemistry, energy-efficient rectification, and modular pre-piped skid assembly design.

IPT operates a project-based direct enterprise sales model, scoping each system to the customer's process requirements, discharge limits, and regulatory environment. Revenue is generated primarily through one-time custom equipment sales, supplemented by installation and commissioning services, equipment reconditioning and refurbishment (delivered in partnership with International Industrial Services), and hardware sales of plating supplies and components. Customers are concentrated in four primary verticals — automotive, aerospace, medical device, and electronics manufacturing — with secondary exposure to general industrial machinery. Pricing is non-publicly disclosed, quote-based, and tied to project scope. The company is privately held by founder David Drake and partners, with no institutional funding, no subsidiaries, and no M&A activity on record; operating geographies are primarily North America with a stated global support network.

Name

IPT

Legal name

IPT, LLC.

Website

https://www.iptllc.com

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

IPT specializes in the design and manufacture of industrial machines and equipment for electroplating, materials handling, and anodizing.

Ownership category

akta.pro rank

Headquarters

HQ city

Southington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Custom Electroplating & Anodizing Equipment Manufacturing: IPT designs and manufactures custom electroplating equipment, anodizing systems, automated hoists, and related industrial machinery. Revenue is generated through project-based equipment sales with custom pricing for each solution.
2. Installation and Field Services: IPT provides installation, commissioning, and on-site services for plating facilities, waste treatment plants, and chemical plants, including equipment moves and dismantling.
3. Equipment Reconditioning and Refurbishment: Services for equipment reconditioning, process modifications, and upgrades, including refurbishing, transfers, and field service through International Industrial Services partnership.
4. Plating Supplies and Components: IPT supplies plating tanks, barrels, racks, parts dryers, centrifuges, and other electroplating supplies and accessories through vendor alliances.
5. Wastewater Treatment Systems: Design and manufacture of custom wastewater treatment systems including clarifiers, filter presses, ion exchange, evaporators, and reverse osmosis systems.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

IPT designs and manufactures custom industrial electroplating, anodizing, and metal finishing equipment, including automated rack and barrel plating lines, automated hoists, return type indexing machines, aqueous cleaning systems, material handling loaders, modular skids, plating tanks and barrels, parts dryers, and integrated wastewater treatment systems. The company delivers turnkey solutions tailored to the specific production requirements of manufacturers across automotive, aerospace, medical device, and electronics sectors, combining proprietary engineering with designs from multiple vendor partners.

Product overview

IPT LLC (International Plating Technology) is an industrial electroplating equipment manufacturer offering a comprehensive portfolio of custom-designed metal finishing systems. The core product portfolio centers on Plating & Anodizing Systems as the primary offering, complemented by specialized equipment including Automated Hoists, Return Type (Indexing) Machines, Aqueous Cleaning Equipment, Loaders & Material Handling Systems, Modular Equipment Skids, Plating Tanks/Barrels/Parts, Parts Dryers & Centrifuges, Plating Wastewater Treatment Systems, Continuous Wet Process Systems, and Fluorescent Penetrant Equipment. The company also provides Revamp/Process Changes/Installations & Dismantling services. This modular approach allows IPT to deliver both standalone equipment and fully integrated turnkey plating lines combining multiple systems for complete metal finishing operations.

Differentiator

Problem solved

Functional benefit

Products and services

• Plating & Anodizing Systems Custom-designed electroplating and anodizing equipment including automated rack and barrel lines, process-specific tanks, and advanced drying systems, built for automotive, aerospace, electronics, and medical industries.
• Automated Hoists
• Return Type (Indexing) Machines
• Aqueous Cleaning Equipment
• Loaders & Material Handling Systems
• Modular Equipment Skids
• Plating Tanks, Barrels & Parts
• Parts Dryers & Centrifuges
• Plating Wastewater Treatment Systems
• Continuous Wet Process Systems
• Fluorescent Penetrant Equipment
• Revamp, Process Changes, Installations & Dismantling Services

Quantifiable outcome

• 70-90% plating wastewater recovery achieved in client installations
• +2 more outcomes

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• International Industrial ServicescoreImplementation/ SI/ Consulting PartnerIPT partners with International Industrial Services for field service capabilities including equipment installation, moves, dismantling of plating facilities, waste treatment plants, and general chemical plants. IPT's engineers understand chemical processes and the unique challenges when working with this type of equipment.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Technic Inc. US-based manufacturer of plating chemistry and equipment serving electronics, semiconductor, and industrial finishing markets. Highly comparable to IPT as both design and supply custom electroplating lines and chemistry to overlapping industrial customers.
• Atotech (MKS Instruments): Atotech was a leading global plating chemistry and equipment supplier before being acquired by MKS Instruments in 2022. Directly competes with IPT in integrated plating line solutions for automotive, electronics, and general metal finishing.
• MacDermid Enthone Electronics Solutions (Element Solutions Inc.): Element Solutions' MacDermid Enthone unit supplies plating chemistry, equipment and services for electronics and industrial finishing. Overlaps with IPT in electronics, automotive, and decorative plating applications.
• SIFCO Industries: Public industrial company providing selective plating equipment and contract plating services, primarily for aerospace, defense, and industrial OEMs. Closely comparable niche of custom plating equipment for high-spec industrial customers.
• Uyemura International Corporation: Global supplier of plating chemistry and equipment for electronics, semiconductor, and decorative finishing. Comparable to IPT as a long-tenured, privately held player offering both chemistry and integrated plating line solutions.
• Coventya (Element Solutions Inc.): Specialty plating chemistry and equipment supplier now owned by Element Solutions. Serves automotive, hardware, and industrial finishing customers with chemistry and process know-how complementary to IPT's equipment focus.
• Columbia Chemical: US-based specialty zinc and zinc-alloy plating chemistry supplier serving industrial finishers and job shops. Comparable specialty chemicals supplier adjacent to IPT's plating equipment customers in decorative and corrosion-protective plating.

Broad incumbents

• Henkel AG & Co. KGaA: Global multinational with surface treatment technologies including plating chemistry and equipment solutions for automotive, electronics, and industrial markets. Larger, broader portfolio that overlaps with IPT in metal finishing applications.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/international-plating-technology

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 IPT