Balzers, along with cooperating partners Plansee AG, the Montan University Leoben and University of Innsbruck, began developing new thin coatings for tools. According to the company?s press release, scientists will analyze the composition and structure of coating materials, coating growth and induced coating structures as well as real-world applications. Balzers is a global supplier of PVD coatings for precision components such as metalworking and plastics processing tools.