07.13.11
07 RPM International Inc.
Medina, Ohio/USA
PUBLIC COMPANY
YEAR ESTABLISHED: 1947
REVENUE: $3.412 billion (2009: 3.368)
MARKETS SERVED
• Roofing systems • Caulks and sealants • Flooring systems • Corrosion control coatings
• Primers-sealers • Specialty paints • Hobby and craft paints • Wood stains and finishes
• Rust-preventative paints
KEY EXECUTIVES
Frank Sullivan, chairman and CEO; Ronald Price, president and COO; Paul Hoogenboom, senior VP manufacturing operations and CIO; Robert Matejka, senior VP and CFO; Business managers: Thomas Reed, Rust-Oleum Group; David Reif, Performance Coatings Group; Randall Korach, Building Solutions Group; John McLaughlin, DAP Group; Michael Tellor, RPM II Group.
The Industrial Segment’s operating groups include RPM Building Solutions Group, which provides roofing systems, sealants and concrete admixtures. Leading brands include Tremco, Tremco illbruck and Euco. RPM Performance Coatings Group includes polymer floor coatings, corrosion control coatings and fiberglass reinforced plastic grating. Its primary brands include Stonhard, Carboline and Fibergrate. RPM II Group offers specialty chemicals, exterior insulation and finish systems and recreational marine coatings. Major brands include Day-Glo, Dryvit, Kop-Coat and Pettit.
RPM’s consumer products are sold primarily in North America and have a growing presence in Europe, predominantly in the UK. The Consumer Segment’s operating groups include Rust-Oleum Group, which provides rust-preventative and small project paints, primer-sealers, wallcovering preparation and removal products, wood stains and finishes, mildew resistant paints and hobbyist products. Major brands include Rust-Oleum, Zinsser, Varathane, Tor and Testors. DAP Group markets caulks, sealants and patch and repair products under the DAP brand.
During the year RPM’s Performance Coatings Group acquired Hummervoll Industribelegg AS, a supplier and installer of industrial flooring coatings systems based in Bergen, Norway, with annual sales of more than $11 million. Hummervoll, founded in 1980 by Per Hummervoll, serves both onshore and offshore markets with its concrete- and epoxy-based flooring coatings systems. Its onshore division primarily focuses on the food, manufacturing and chemical industries. The offshore division provides flooring solutions for oil platforms, barricade decks and emergency escape routes.
Zinsser launched its Bondz Maximum Adhesion Primer, specifically formulated to bond any topcoat to difficult to paint surfaces. The fast drying urethane modified acrylic formula provides adhesion to hard, dense interior and exterior surfaces such as fiberglass, tile, glazed brick, aluminum, laminate and galvanized steel. It creates a permanent bond with any topcoat including two-part epoxies and solvent-based paints.
One of RPM’s businesses, Tremco Incorporated, underwent a “green” renovation at its company headquarters in Beachwood, Ohio/USA. Originally built in 1970, the $5 million top-to-bottom renovation will transform the building into a showcase of sustainability. Tremco intends that its headquarters become one of the U.S. Green Building Council’s few LEED Gold certified facilities in Ohio. Another highlight during the year occurred when for the sixth consecutive year, DAP Products Inc., received the Golden Hammer Award as the premier supplier in the Caulking and Sealants category by Home Channel News.
Rust-Oleum has introduced Countertop Transformations, do-it-yourself (DIY) decorative coating system that can replicate the look of sought-after countertop materials like natural stone. The coating system eliminates the need to hire a contractor and the mess associated with countertop replacement. It also can be used on bathroom vanities, bar tops, tabletops and more. Countertop Transformations is available in a variety of on-trend finishes to complement any décor, including Pebbled Ivory, Desert Sand, Java Stone, Onyx and Charcoal. It stands up to daily wear and tear, the company said, and features HomeShield Antimicrobial Protection to protect the painted surface by inhibiting the growth of mold, mildew and other odor or stain-causing microbes.
RPM International Inc. is a multinational holding company with subsidiaries that manufacture and market high-performance coatings, sealants and specialty chemicals, primarily for maintenance, repair and improvement applications. In fiscal 2010, the company’s industrial products accounted for 68 percent of its $3.4 billion of total sales, with consumer products representing the remainder.
The Industrial Segment’s operating groups include RPM Building Solutions Group, which provides roofing systems, sealants and concrete admixtures. Leading brands include Tremco, Tremco illbruck and Euco. RPM Performance Coatings Group includes polymer floor coatings, corrosion control coatings and fiberglass reinforced plastic grating. Its primary brands include Stonhard, Carboline and Fibergrate. RPM II Group offers specialty chemicals, exterior insulation and finish systems and recreational marine coatings. Major brands include Day-Glo, Dryvit, Kop-Coat and Pettit.
RPM’s consumer products are sold primarily in North America and have a growing presence in Europe, predominantly in the UK. The Consumer Segment’s operating groups include Rust-Oleum Group, which provides rust-preventative and small project paints, primer-sealers, wallcovering preparation and removal products, wood stains and finishes, mildew resistant paints and hobbyist products. Major brands include Rust-Oleum, Zinsser, Varathane, Tor and Testors. DAP Group markets caulks, sealants and patch and repair products under the DAP brand.
During the year RPM’s Performance Coatings Group acquired Hummervoll Industribelegg AS, a supplier and installer of industrial flooring coatings systems based in Bergen, Norway, with annual sales of more than $11 million. Hummervoll, founded in 1980 by Per Hummervoll, serves both onshore and offshore markets with its concrete- and epoxy-based flooring coatings systems. Its onshore division primarily focuses on the food, manufacturing and chemical industries. The offshore division provides flooring solutions for oil platforms, barricade decks and emergency escape routes.
Zinsser launched its Bondz Maximum Adhesion Primer, specifically formulated to bond any topcoat to difficult to paint surfaces. The fast drying urethane modified acrylic formula provides adhesion to hard, dense interior and exterior surfaces such as fiberglass, tile, glazed brick, aluminum, laminate and galvanized steel. It creates a permanent bond with any topcoat including two-part epoxies and solvent-based paints.
One of RPM’s businesses, Tremco Incorporated, underwent a “green” renovation at its company headquarters in Beachwood, Ohio/USA. Originally built in 1970, the $5 million top-to-bottom renovation will transform the building into a showcase of sustainability. Tremco intends that its headquarters become one of the U.S. Green Building Council’s few LEED Gold certified facilities in Ohio. Another highlight during the year occurred when for the sixth consecutive year, DAP Products Inc., received the Golden Hammer Award as the premier supplier in the Caulking and Sealants category by Home Channel News.
Rust-Oleum has introduced Countertop Transformations, do-it-yourself (DIY) decorative coating system that can replicate the look of sought-after countertop materials like natural stone. The coating system eliminates the need to hire a contractor and the mess associated with countertop replacement. It also can be used on bathroom vanities, bar tops, tabletops and more. Countertop Transformations is available in a variety of on-trend finishes to complement any décor, including Pebbled Ivory, Desert Sand, Java Stone, Onyx and Charcoal. It stands up to daily wear and tear, the company said, and features HomeShield Antimicrobial Protection to protect the painted surface by inhibiting the growth of mold, mildew and other odor or stain-causing microbes.
