March 20, 2023
Ultimate Linings Press Release
The chemical veteran joins the company for the next chapter of accelerating growth.
LEBANON, Tennessee, March 20, 2023 – Ultimate Linings, a leading provider of premium, long-lasting polyurea coatings, today announced the appointment of Rusty Carter as President. Carter brings deep industry knowledge, strong commercial acumen, and leadership experience to Ultimate Linings to further scale the company in its next phase of growth.
Carter is an experienced builder of chemical businesses. He was Business Unit Leader for Chemtrade Logistics over their Ultrapure Acid and P2S5 businesses. He has held other commercial, product development and management, and research roles of increasing responsibility in companies including Ascend Performance Materials, Invista, and Solutia. In addition to electronic grade sulfuric acid and P2S5 development, he’s led the product and technology development and commercialization of products in the polymer, fibers, and textile spaces.
As an industry leader with superior quality, application technology, and technical support, Ultimate Linings now completes its $100 million vertical integration and build-out of its world-class Polyurea Innovation Center in Lebanon, Tennessee, with a proven commercial leader who can use this foundation to establish Ultimate Linings as the undisputed Polyurea leader in the industry.
“The completion of the greenfield expansion into a state-of-the-art innovation and manufacturing center marks the largest investment since our acquisition of Ultimate Linings in 2017.” said founder and CEO of IXS Coatings, Jim Scott. “This, combined with our investment in top industry talent like Rusty, I’m very excited about the value and opportunity we are staged to bring to our customers, associates, and investors. I’m delighted to welcome Rusty to our team and am excited to support him in unlocking the full value creation opportunity at Ultimate Linings”, Scott continued.