SilcoTek

Silvis and a core group of RPC employees, thus forming SilcoTek, the world’s leading provider of chemical vapor-deposited silicon coatings, acquired a business unit of the company, Restek Performance Coatings.

Commenting on the Ben Franklin investment, Mr. Silvis remarked, “During the early days of the company, it was Ben Franklin’s funding that kept us afloat. We knew that SilcoTek would grow tremendously, but that it would take time. Ben Franklin’s investment bought us that time.”

SilcoTek’s coatings are utilized in a growing list of diverse industries.

The growing reach of applications for SilcoTek’s innovative CVD coating solutions – outside of Restek’s chromatography business – is what inspired Silvis and the RPC team’s vision for a company dedicated to coatings.

SilcoTek’s coatings can be found in applications worldwide from oil and gas drilling to semiconductor fabrication and more.

In 2013, the SilcoTek team was named the Outstanding Technical Company of the Year by the Chamber of Business & Industry of Centre County and moved into a new 38,000 square foot facility in the Benner Commerce Park.

Today, with customers that include refineries, petro-chemical plants, and industrial, aerospace, and automotive manufacturers, SilcoTek is in the position of being able to pay off its remaining debt to Ben Franklin early.

Stephen Brawley, Ben Franklin’s CEO, commented, “In 2014 alone, right after moving into a new facility, SilcoTek introduced two new coatings and filed nine patents – so, I have no doubt that they are on target with their goals for 2020. Paul Silvis and his team are to be congratulated for their vision, energy, and their ability to turn a startup, in six short years, into an award winning company that now employs 40 people.”

Ben Franklin Technology Partners/CNP, an initiative of the Pennsylvania Department of Community and Economic Development and funded by the Ben Franklin Technology Development Authority, provides funding, operational assistance, and entrepreneurial support to emerging tech-based companies and small, existing manufacturers for the purpose of creating and retaining jobs in Pennsylvania.

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