Permatech Inc. began as an Alcoa research project in 1972. Its mission was to develop precast ceramic substitutes for asbestos -ontaining shapes in aluminum casting applications. In 1986, the facility was relocated to its current location in North Carolina, and was formally established as a wholly-owned subsidiary of Alcoa. In December of 2003, Permatech Inc. was acquired by two of the former company managers. Today, Permatech Inc. operates as a privately-owned entity that is dedicated to perpetuating the core business values and technology that have established the organization as the recognized global leader in the manufacture of precast refractory components and the engineering of molten aluminum handling systems for aluminum cast-house applications.