FibreGrid, which has annual sales of approximately $3.5 million, manufactures innovative glass reinforced plastic safety products for anti-slip applications such as stair tread covers and noses, riser plates, ladder rungs, decking strips, flooring and matting. Among its clients are small businesses, warehouses, schools and municipalities. Most of FibreGrid's orders involve custom cutting and colors, 24-hour turnaround and small quantities.
"FibreGrid will become a business unit within our Watco UK Limited business, which is part of Rust-Oleum," said Frank C. Sullivan, RPM chairman and CEO. " Watco has been selling FibreGrid products for many years, has a similar business model and can leverage its marketing expertise to support FibreGrid's growth."