San Lorenzo, Puerto Rico/USA
www.lancopaints.com
PRIVATE COMPANY; YEAR ESTABLISHED: 1978
REVENUE: $500 million
MARKETS SERVED:
Architectural coatings, Adhesives, Roof coatings, Industrial coatings, Caulks & sealants, Wood coatings
KEY EXECUTIVES:
Sergio Blanco, CEO; Juan Pablo Gaztambide, president; Josue Vidal, CFO; Lisandro Quinones, CTO; Adriana Blanco, marketing director; Victor Hernandez, technical director.
Headquartered in San Lorenzo, Puerto Rico, Lanco Paints & Coatings is a third-generation family-owned architectural and industrial coatings specialist. Lanco reported sales of $380 million in 2022, with 84% of the sales in the architectural/decorative segment and 15% in industrial coatings. The company has more than 2,800 employees.
Lanco has developed a large presence throughout the Americas, with sales and manufacturing in the United States, the Caribbean, Central, and South America. In addition to five state-of-the-art manufacturing plants in Puerto Rico (San Lorenzo, San Juan, Bayamón, Cidra, Vega Alta), the company also has production plants in Orlando, FL, Costa Rica, Nicaragua, Santo Domingo, Colombia, Jamaica, Guatemala and Chile. Lanco’s facilities conform to the highest ISO and safety standards. In addition to Lanco Paints, its major brands include Harris Paints, Crossco, Enco, Weco and Corona Corlanc.
Lanco Paints prides itself on its excellence in R&D, and introduced some key new products this year including Lanco Dry-Coat paint and waterproofer; and Lanco Aquavar water-based wood varnish; and Lanco CB-Crete concrete bonding fortifier.