St. Paul, Minnesota/USA
YEAR ESTABLISHED: 1887
COATINGS REVENUES: $1.234 billion
TOTAL REVENUES: $1.234 billion
North America: 43%
Latin America: 18%
Asia Pacific: 10%
Michele Volpi, president and CEO; James Giertz, senior VP and CFO; James Owens, senior VP, North America; Kevin Gilligan, VP, Asia Pacific; Jan Muller, VP, Europe; Ramon Tico, VP, Latin America; Barry Snyder, VP and chief technology officer.
H.B. Fuller Company is a global manufacturer and marketer of adhesives and other specialty chemical products. The company is managed through four regional operating segments—North America, Europe, Latin America and Asia Pacific. The largest business component in each of the regional segments is adhesives. H.B. Fuller posted sales of $1.234 billion in 2009.
H.B. Fuller opened a new technical center in Shanghai Zhangjiang Hi-Tech Park, China. The new lab, part of the company’s five-year strategic plan, is the company’s first regional technical center in Asia Pacific and will house research and development, applications testing, sales and regional leadership. The new technical center will focus on next-generation adhesive applications, helping the company promote product development and localization of initiatives in a variety of market segments, ranging from insulating glass, packaging and nonwovens and fiberglass sizing and binding, to footwear and textiles, lean flooring and reverse-osmosis filtration.
During the year, H.B. Fuller also acquired Nordic Adhesives Tech - nology a developer and manufacturer of polyurethane flexible packaging laminating adhesives based in Buxtehude, Germany. Nordic’s laminating adhesives complement H.B. Fuller’s existing line. Additional new and innovative Nordic formulations include solventless systems with wide ranging capabilities including biodegradable laminates, high performance aliphatic solvent based systems, and adhesive solutions for high barrier films.