Fiberglass Coatings exits Chapter 11

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Fiberglass Coatings reports that it has successfully emerged from Chapter 11 bankruptcy proceedings and has resumed normal operations.

"Fiberglass Coatings Inc. was able to restructure and exit Chapter 11 in one of the most challenging times our industry has ever faced, thanks to the hard work of our employees, support from our vendors and the loyalty of our customers," company president Bill Higman said in a statement.

"As the marine industry returns to more normal conditions, FCI is strongly positioned to support all the different needs of boatbuilders, boatyards and fabricators to start up, re-open or ramp up as demand for composite products and repairs grow," he added.

Headquartered in St. Petersburg, Fla., with an additional distribution and retail center in Fort Lauderdale, FCI supplies marine composite products such as abrasives, acrylics, adhesives, caulks, catalysts, epoxies, fiberglass, fillers, foams, gelcoats, polyesters, putties, reinforcements, releases, solvents and tools.

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