Aztech Lubricants, founded in 2005 by Jonathan Anderson and Michael Colvin, has been acquired by Kodiak, a global chemical company.

A press release said that Anderson and Michael Colvin will continue with the new owners as director of technology and as director of business development, respectively. Based in Wayne, Oklahoma, Aztech Lubricants has a 40,000-sq-ft manufacturing facility that includes an in-house laboratory for QC and R&D. Its products are used by the wire industry for drawing, galvanizing and forming for markets such as agricultural, tires, automotive, construction, etc.

Kodiak has manufacturing/distribution capabilities on six continents, with more than 80 chemists and 17 laboratories The new owner sees growth ahead for Aztech. “We will be expanding the manufacturing capabilities of the (Aztech) plant in Oklahoma to include more oil- and water-based technologies to better support our valued customers,” said Kodiak President Laura Dickey. “Part of our strategy for the future is also to offer a broad portfolio of products including corrosion inhibitors, cleaners, resins, fire resistant hydraulic fluids, industrial lubricants, and powdered chemicals.”

“This is a very exciting time for us,” said Anderson. He noted that Aztech Lubricants started out in 2005 with just him and Mike. “We would get an order, then go back to the plant and make it. It took a great effort to build Aztech from scratch. Now, the company will be able to achieve even greater results. Mike has an eye out for retirement in the years to come, and I may work less at some point but I plan to be around for a long time. My customers have become my good friends.”