• Benjamin Moore retail

    March 12, 2009
    Benjamin Moore retail program honored by the CMA Benjamin Moore Rewards, a program designed to recognize those on the retail frontlines, was itself recently recognized for its ingenuity and effectiveness. The Canadian Marketing Association (CMA) cit…

  • X-Rite completes

    March 12, 2009
    X-Rite completes sale of former headquarters X-Rite, Inc., has completed the sale of its former headquarters and manufacturing facility located in Grandville, MI, to CWD Capital, LLC for a purchase price of $7.225 million. X-Rite said it will use th…

  • Lord Corp., AkzoNobel

    March 12, 2009
    Lord Corp., AkzoNobel deal in the works Lord Corporation, headquartered in Cary, NC, retained Grace Matthews to market its Photoglaze resilient floor coatings product line to selected buyers. With operations in the U.S. and UK, the business is recog…

  • AeonClad Coatings

    March 12, 2009
    AeonClad Coatings launches biomedical group AeonClad Coatings has launched a new subsidiary that will focus on biomedical applications. AeonClad Bio­medical LLC is expected to utilize the company’s AeonCoat dry coating technology that woul…

  • Valspar extends relationship with Habitat for Humanity

    March 12, 2009
    Valspar extends relationship with Habitat for Humanity The Valspar Corporation Foundation has extended its long-standing relationship with Habitat for Humanity International with a multi-year commitment totaling more than $20 million in cash and pain…

  • Jotun to build new U.S. factory

    March 12, 2009
    Jotun to build new U.S. factory Jotun’s board of directors has approved investment in a new factory in the U.S. because, the company said, the U.S. is an important marine market and also becoming increasingly important for the protective coatin…

  • PPG files suit against

    March 12, 2009
    PPG files suit against Sherwin-Williams As reported in the Pittsburgh Business Times, PPG has filed a trademark infringement suit against Sherwin-Williams for its use of the phrase “The Color of Inspiration.” PPG says it has used the phr…

  • Mercedes-Benz approves

    March 12, 2009
    Mercedes-Benz approves PPG paints for repair work Daimler AG, manufacturer of Mer­cedes-Benz vehicles, has approved the Global Refinish System from PPG, including the Envirobase High Per­formance waterborne basecoat, for repair in North Amer…

  • Sherwin-Williams to

    March 12, 2009
    Sherwin-Williams to acquire Altax in Poland Sherwin-Williams has agreed to acquire Altax Sp. zo.o. headquartered in Poznan, Poland. Altax is a manufacturer of protective woodcare coatings and serves multiple channels including industrial, profession…

  • RPM subsidiary acquires

    March 12, 2009
    RPM subsidiary acquires Swiss sealants company Tremco illbruck International GmbH, a subsidiary of RPM, has acquired Karochemie AG, a Swiss supplier of sealants to the construction markets in Switzerland and Liechtenstein. Head­quartered in Baar…

  • PPG awarded Military

    March 12, 2009
    PPG awarded Military Sealift Command contract PPG’s protective and marine coatings (PMC) business has been awarded the U.S. Navy’s Military Sealift Command (MSC) Fleet Paint and Related Services contract. During this multi-year contract,…

  • Kansai Nerolac to

    March 12, 2009
    Kansai Nerolac to open new facility Kansai Nerolac Paints Limited, India’s second largest paint manufacturer, is setting up its second manufacturing facility in Tamil Nadu at Hosur. The company has a similar facility in Perungudi at Chennai. H…

  • AkzoNobel posts 1.5B loss in 4Q

    March 12, 2009
    AkzoNobel reported a €1.52 billion ($1.93 billion) loss for the fourth quarter, due mostly to writedowns on the value of Imperial Chemical Industries (ICI), which it bought last year and was hit hard by the global economic downturn. The loss com…

  • RPM acquires interest

    March 12, 2009
    RPM acquires interest in Chinese licensee Carboline Company, a subsidiary of RPM, has acquired a 49% interest in its Chinese licensee, Carboline Dalian Paint Production Co., Ltd. (Carboline Dalian). The remaining 51% of the joint venture will be own…

  • RPM's income drops 23% in 2Q

    March 12, 2009
    RPM’s income drops 23% in 2Q RPM International’s sales of $890 million for second quarter of fiscal 2009 were down 1.7% from the $905.7 million reported a year ago. Net income for the quarter decreased 23.9%, to $41.7 million from $54.9 m…

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