Paint & Coatings Manufacturer News

W.R. Grace Acquires Concrete Sealer Firm

August 10, 2005

NPCA and the New Jersey Paint Council said they will closely monitor the bill’s activity, especially since Governor James McGreevey is not likely to agree to take $50 million from the $7 billion tobacco settlement revenue in light of the $6 billion shortfall in the 2003 state budget.

l W.R. Grace has acquired Addiment, Inc., a Doraville, GA-based manufacturer of admixtures, cleaners and sealers for the concrete paver and masonry industries. Terms of the accord were not disclosed.