The Global Top 10
1. Akzo Nobel nvAmsterdam, the Netherlands
+31 20 502 7833
www.akzonobel.com
Chairman of the Board of Management: Hans Wijers
Coatings Sales: $13.1 billion (€9.8 billion)
AkzoNobel is the largest global coatings company and a major producer of specialty chemicals. AkzoNobel is a Global Fortune 500 company and is consistently ranked as one of the leaders in the area of sustainability. The company has operations in more than 80 countries and employs 55,000 people around the world. AkzoNobel coatings brands include global and household names such as International®, Sikkens®, Glidden®, Dulux®, Crown®, Interpon®, Levis®, Coral® and Sadolin®.
Parent company: AkzoNobel
Source: AkzoNobel Report 2010, press releases, company contact
Recent Acquisitions and Divestments: AkzoNobel acquired Lindgens Metal Decorative Coatings and Inks in July 2010. In September 2010, the company acquired Changzhou Prime Automotive Paint Co. Ltd. The company also completed the acquisition of the former Rohm & Haas powder activities from the Dow Chemical Co.
Notes: Decorative Paints signed a deal with Walmart to become the retailer’s primary paint supplier in the United States, and Dulux Trade won the contract to paint the London 2012 Olympic Games site. AkzoNobel's ambitious growth plans for Asia were underlined when the company announced that it plans to double its current revenue in China within five years. A target of $3 billion has been set for 2015, with China poised to play an integral role in AkzoNobel's strategic focus on the world's growth regions.
2. PPG Industries, Inc.
Pittsburgh
412/434.3131
www.ppg.com
Chairman/CEO: Charles E. Bunch
Coatings Sales: Approx. $9.86 billion
PPG’s global coatings businesses comprise coatings for the aerospace, architectural, automotive OEM, automotive refinish, industrial, packaging, and protective and marine markets. The company serves customers in industrial, transportation, consumer products, and construction markets and aftermarkets. PPG is the world’s leading manufacturer of transportation OEM and refinish coatings, as well as a technology leader in coatings for the wood-flooring industry and a leader in the supply of paints for consumer electronics. In 2010, PPG’s businesses in emerging regions grew 20 percent, and sales in those regions accounted for about 27 percent of the company’s total. Notably, PPG’s business in the Asia-Pacific region posted record earnings for 2010 and now represents about 15 percent of PPG’s global revenue, and PPG is now the second-largest coatings company in the Asia-Pacific region. Also in 2010, sales for the company’s Industrial Coatings segment, including the automotive OEM, industrial and packaging coatings businesses, increased $640 million or 21 percent. Coatings represented about 73 percent of PPG’s 2010 total net sales of $13.4 billion.
Source: 2010 Annual Report, company website, company contact
Notes: In October 2010, PPG reached an agreement to acquire Bairun, a privately held packaging coatings company in southern China. In May of this year, PPG signed an agreement to acquire Dyrup A/S, a European coatings company based in Copenhagen. Dyrup is a European producer of architectural coatings, in particular wood stains, and specialty products.
PPG broke ground on its first Chinese resin-production facility in Zhangjiagang in 2009. In 2010, the largest PPG plant in Asia, PPG Coatings (Tianjin) Co. Ltd., began a two-phase project to expand its waterborne automotive and industrial coatings capacity, which is expected to be about 10,000 tons annually upon project completion. PPG also strengthened its presence in Russia in June 2010, by opening an automotive refinish coatings training center in Moscow. In South Africa, PPG became the only Johannesburg-based packaging coatings supplier when it opened a packaging coatings facility inside its Prominent Paints factory there.
In January 2011, PPG announced plans to expand its 14-year relationship with Asian Paints Ltd. to grow the companies’ joint coatings business in India.
3. Sherwin-Williams Co.
Cleveland
216/566.2000
www.sherwin.com
Chairman/CEO: Christopher M. Connor
Coatings Sales: Approx. $5.83 billion
The Sherwin-Williams Co. is engaged in the manufacture, distribution and sale of coatings and related products to professional, industrial, commercial and retail customers primarily in North and South America. The company has three operating segments: Paint Stores Group, Consumer Group and Global Group. All three reportable operating segments achieved organic sales growth in 2010. Net sales for the Global Finishes Group increased 26.5 percent to $2.09 billion in 2010. Net sales for the Paint Stores Group increased 4.1 percent to $4.38 billion, and external net sales for the Consumer Group increased 5.9 percent to $1.30 billion. Consolidated net sales for the entire company increased by $682 million, or 9.6 percent, to $7.776 billion. It is estimated that between 70 to 75 percent of sales, or about $5.83 billion, represents coatings sales, with the remainder being related products, including wallcoverings, floor coverings and application supplies. Sherwin-Williams has company-operated stores in all 50 states, Canada and some countries in Latin America. In 2010, the company opened 49 stores in new markets and consolidated an additional 13 redundant store locations, for a net increase of 36 new stores for the year. The company’s store count in the United States, Canada and the Caribbean now stands at 3,390. The company manufactures and sells coatings such as Dutch Boy®, Pratt & Lambert®, Martin-Senour®, Dupli-Color®, Krylon®, Thompson’s® and Minwax®, plus private-label brands to independent dealers, mass merchandisers and home-improvement centers. Sherwin-Williams produces coatings for original equipment manufacturers in a number of industries and special-purpose coatings for the automotive-aftermarket, industrial-maintenance and traffic-paint markets.
Source: 2010 Annual Report, company Web site, press releases
Notes: In September 2010, the company acquired Becker Industrial Products AB, a subsidiary of Sweden-based AB Wilh. In March 2010, the company acquired the Industrial Wood Coatings business of Arch Chemicals Inc.
4. DuPont Performance Coatings
Wilmington, DE
302/774.1000
www.dupont.com
Chairman/CEO: Ellen J. Kullman
President: John McCool
Coatings Sales: $3.8 billion
DuPont Performance Coatings includes its core markets of automotive, collision repair and industrial coatings. The company offers high-performance liquid and powder coatings as well as high-performance specialty products. Sales of $3.8 billion were up 11 percent when compared to the prior year, reflecting a 9 percent higher volume and a 2 percent increase in selling prices.
Parent Company: DuPont
Source: Dupont 2010 Annual Report, company Web site
Notes: In 2010, DuPont opened a research and development facility dedicated to coatings science at the Experimental Station in Wilmington, DE. The new Coatings Technology Center (CTC) focuses on DuPont Refinish Systems products that support the automotive collision industry and DuPont Industrial Coating Solutions. Also in 2010, DuPont entered into a marketing agreement with Ecolab Inc. to commercialize new antimicrobial coating technologies for the food and beverage processing industry.
5. BASF Coatings
Münster, Germany
+0049 25 01 140
www.basf-coatings.com
CEO/President: Raimar Jahn
Coatings Sales: $3.5 billion (€2.577 billion)
BASF Coatings GmbH is part of the BASF Group’s internationally operating Coatings Division. BASF Coatings develops, produces and markets a range of automotive OEM coatings, automotive refinishes, industrial coatings and decorative paints. BASF’s architectural coatings activities are based in Europe and South America. The company has been the market leader in Brazil for many years under the Suvinil brand. With the integration of the RELIUS Group in 2007, BASF Coatings now offers construction paints for interior and exterior applications and external wall insulation systems in Europe.
Parent Company: BASF SE
Source: Company contact, press releases
Notes: In 2010, BASF Coatings GmbH and Henkel AG & Co KGaA signed a joint-venture agreement to develop corrosion-protection solutions for the automotive industry. In March 2011, BASF received the General Motors’ Supplier of the Year Award for 2010. The award has been given to BASF seven times in the last nine years, recognizing the coatings supplier for excellence in the areas of quality, service, technology and price.
6. The Valspar Corp.
Minneapolis
612/851.7000
www.valspar.com
CEO: Gary E. Hendrickson
Coatings Sales: $2.99 billion
Valspar experienced a total sales increase of approximately 10 percent in 2010. The company operates its coatings-related businesses in two reportable segments: Paints and Coatings. Sales in the Paints segment increased 8.4 percent (2010 revenue of $ 1,176.8 million) and 11.7 percent in the Coatings segment (2010 revenue of $ 1,814.8 million), for total coatings sales of $2,992 million.
Source: 2010 Annual Report, company Web site
Notes: In September 2010, Valspar acquired Australian paint manufacturer Wattyl Limited. In February 2011, Valspar announced the acquisition of Brazilian company Isocoat Tintas e Vernizes Ltda., a manufacturer of powder coatings used in appliance, building products, transportation and other general industrial markets.
7. Nippon Paint Co.
Osaka, Japan
+81.6.64581111
www.nipponpaint.com
President: Kenji Sakai
Coatings Sales: $2.4 billion
Nippon Paint produces coatings for the automotive market, the marine coatings market, as well as industrial products. It also makes paints for residential and commercial buildings and for the do-it-yourself market. Nippon Paint’s manufacturing operations are located principally in Asia, but the company also has facilities in North America and Europe. In the United States, it has two subsidiaries that manufacture and sell paints: NB Coatings (liquid automotive coatings for plastic) and NPA Coatings (automotive body coatings and powder coatings).
Source: Company contact
8. Kansai Paint Co., Ltd.
Osaka, Japan
+81.6.6203 5531
www.kansai.co.jp
President: Shoju Kobayashi
Coatings Sales: $2.38 billion for fiscal year ended March 31, 2010
Kansai Paint Co., Ltd. is a manufacturer of coatings used in Japan, Europe and the Americas, as well as China, India and other Asian countries. Core business areas include Automotive Coatings, Industrial Coatings, Decorative Coatings, and Marine and Protective Coatings.
Source: Annual Report
Notes: In April of this year, the board of South Africa-based Freeworld Coatings accepted Kansai Paint’s takeover offer. Freeworld Coatings manufactures and markets decorative, industrial and automotive coatings. Markets include South Africa and other parts of sub-Saharan Africa.
9. RPM International Inc.
Medina, OH
330/273.5090
www.rpminc.com
Chairman/CEO/President: Frank C. Sullivan
Coatings Sales: $2.3 billion for fiscal year ended May 31, 2010
RPM is a holding company with subsidiaries that are leaders in specialty coatings, sealants, building materials and related services serving both industrial and consumer markets. Industrial products include corrosion-control coatings, flooring coatings and specialty chemicals. Major industrial brands are Stonhard, Tremco, illbruck, Carboline, Flowcrete, Universal Sealants and Euco. RPM’s consumer products are used by professionals and do-it-yourselfers for home maintenance and improvement, boat repair and maintenance, and by hobbyists. Consumer brands include Zinsser, Rust-Oleum, DAP, Varathane and Testors.
Subsidiaries: A/D Fire, Alteco Technik, Ascoat Contracting, Carboline, Chemtec Chemicals, Dane Color, DAP, DAP Canada, Ecoloc, Euclid Admixture, Euclid Chemical, Eucomex, Fibergrate, Fibregrid, Flowcrete, Hummervoll, Increte Systems, Mantrose-Haeuser, Martin Mathys, Modern Masters, New Parks, Paramount Technical, Productos Cave, Productos de DAP, Radiant Color, Republic Powdered Metals, RPM Building Solutions Group Europe, RPM/Belgium, Rust-Oleum, Rust-Oleum Argentina, Rust-Oleum Canada, Rust-Oleum Japan, Rust-Oleum Netherlands, Stonhard, Testor, Tor Coatings, Toxement, Tremco Barrier Solutions, Tremco illbruck, Tremco Inc., Universal Sealants, Vandex, Watco, Weatherproofing Technologies, Wolman and Zinsser.
Parent Company: RPM International Inc.
Source: Company contact, 2010 Annual Report, press releases
Notes: Recent transactions include the Performance Coatings Group’s acquisition of Norwegian business Hummervoll Industribelegg AS in June 2010, the Building Solutions Group’s acquisition of Turkish distributor Park Dis Ticaret A.S. in September 2010, the Performance Coatings Group’s acquisition of UK-based Pipeline & Drainage Systems Ltd. in December 2010, and Euclid Chemical Co.’s acquisition of Georgia-based PSI Packaging Inc. in February 2011.
10. Jotun
Sandefjord, Norway
47.33.45.70.00
www.jotun.com
President/CEO: Morten Fon
Coatings Sales: $2 billion
The Jotun Group is a leading manufacturer of paint, coatings and powder coatings. It consists of four divisions: Jotun Dekorativ, responsible for Jotun’s decorative paints, stains and varnish deliveries in Scandinavia; Jotun Paints, responsible for decorative paints in markets outside Scandinavia; Jotun Coatings, a global segment responsible for marine protective coatings and decorative paints in local European and selected Asian markets; and Jotun Powder Coatings, responsible for powder coatings.
Source: 2010 Annual Report, company Web site
Notes: In November 2010, Jotun Powder Coatings launched its first furniture powder coatings range, Era-Coat MDF, a brand of powder coatings especially created for designers and furniture makers.
The PCI 25
1. PPG Industries Inc.Pittsburgh
Coatings Sales: Approx. $9.86 billion
2. Sherwin-Williams Co.
Cleveland
Coatings Sales: Approx. $5.83 billion
3. DuPont Coatings & Color Technologies Group
Wilmington, DE
Coatings Sales: $3.8 billion
4. The Valspar Corp.
Minneapolis
Coatings Sales: $2.99 billion
5. RPM International Inc.
Medina, OH
Coatings Sales: $2.3 billion
6. Behr Process Corp.
Santa Ana, CA
714/545.7101
www.behr.com
CEO/President: Jeff Filley
Coatings Sales: Approx. $1.69 billion
Masco’s Decorative Architectural Products segment includes Behr Process Corp. and Masterchem Industries, LLC. A leader in the DIY market with The Home Depot, Behr also provides Behr Premium Select paint for professional application through Masco Contractor Services. Masterchem Industries sells under the brand names of Kilz®, Casual Colors®, Expressions®, Hammerite® and others. These brands are sold through big-box stores, national retailers, paint and hardware stores and distributors.
Parent Company: Masco Corp.
Source: Masco Corp. SEC filing
7. Comex Group
Mexico City
www.thecomexgroup.com
CEO: Marcos Achar
COO, Mexico Div.: Leon Cohen
Coatings Sales: $1.36 billion
Comex Group was formed with the consolidation of Comex, Color Wheel, Frazee, General Paint, Kwal, Parker and Duckback. In addition to architectural paints, Comex manufactures industrial coatings, roof coatings, wood-care products and aerosols.
Source: Company contact
Notes: In 2010, the company divested Ferreterias Calzada and dissolved its joint venture with Akzo Nobel for automotive refinishes.
8. Ennis Paint Inc.
Ennis, TX
972/875.7272
www.ennispaint.com
Chairman: W. Bryce Anderson
Coatings Sales: $387 million
Ennis Paint Inc. continues a long history of pavement markings that date back to the 1960s. Ennis Paint is a world leader in both traffic paint and thermoplastics.
Source: Company contact
9. Kelly-Moore Paint Co., Inc.
San Carlos, CA
800/874.4436
www.kellymoore.com
President/CEO: Steve DeVoe
Coatings Sales: $245 million
Headquartered in San Carlos, CA, Kelly-Moore is one of the largest employee-owned paint companies in the United States. A leader and innovator of waterborne coating technology, Kelly-Moore was the first major paint manufacturer to offer recycled paints. Kelly-Moore operates 163 company-owned stores in eight states: Arkansas, California, Idaho, Nevada, Oklahoma, Oregon, Texas and Washington. The company is looking to add a number of additional neighborhood locations in 2011.
Source: Company contact
Notes: In 2010, Kelly-Moore continued to work closely with independent paint retailers by increasing its dealer network to over 150 stores nationwide. The company also enjoyed continued success in distributing its coatings overseas, where the demand is high for quality, American-made products.
10. TIGER Drylac U.S.A., Inc.
Reading, PA
800/243.8148
www.tiger-coatings.us
CEO: Larry McNeely
Coatings Sales: $235 million
TIGER is ranked the fifth-largest powder manufacturer in the world with sales of over $235 million and more than 1,000 employees. It offers the largest selection of top-of-the-line powder coatings in every type of chemistry, serving among others the architectural, automotive, lighting and furniture industries. The U.S. operations were established in 1984. Today, the company ships from six strategic distribution centers. The company’s North American production network includes three facilities in the United States, in California, Illinois and Pennsylvania.
Source: Company contact
11. Cloverdale Paint Inc.
Surrey B.C., Canada
604/569.6261
www.cloverdalepaint.com
CEO: C.A. (Al) Mordy
Rodda Paint Co.
800/242.3713
Portland, OR
www.roddapaint.com
COO: Bill Boone
Coatings Sales: $221 million (combined)
Cloverdale Paint Inc. and its subsidiaries, Rodda Paint Co., Fargo Paint & Chemicals Inc., and Guertin Coatings, Sealants & Polymers Ltd., operate through 109 corporate-owned locations covering western Canada as well as Washington, Oregon, Idaho, Montana and Alaska. The companies manufacture architectural paint, and industrial and marine coatings along with certain powder coatings, specialty resins and sealant products. Combined markets include sales to a wide variety of professional, commercial, residential, industrial, marine, private-label and DIY customers as well as a network supporting Cloverdale Paint and Rodda Paint independent dealers throughout the Pacific Northwest region.
Source: Company contact, company Web site
12. Nippon Paint U.S. Subsidiaries
Coatings Sales: $190 million (combined)
NB Coatings Inc.
Lansing, IL
708/474.7000
www.nbcoatings.com
CEO: Hidefumi Morita
A subsidiary of Nippon Paint Co., NB Coatings is the leading supplier of liquid coatings for plastic automotive parts in North America. It provides a complete line of custom coatings for fascia, exterior trim, interior trim and lens applications.
NPA Coatings Inc.
Cleveland
216/651.5900
President: Hidefumi Morita
NPA Coatings manufactures and sells powder coatings, automotive-body coatings, pretreatment chemicals and transit film to customers in the general industrial and automotive markets.
Source: Company contact
13. Whitford Corp.
Elverson, PA
610/286.3500
www.whitfordww.com
President: David P. Willis, Jr.
Coatings Sales: Over $160 million
Founded in 1969, Whitford Corp. has dedicated itself to nonstick coatings for the industrial and consumer markets, later expanding to rubber, textiles, rope and cordage, and other markets. Whitford’s first international venture took place in 1971 with the opening of Whitford Plastics Ltd. in the north of England. Current products include: Xylan®, Xylac®, Dykor®, Xylar®, Ultralon®, Excalibur®, Eterna®, HALO®, Eclipse®, QuanTanium®, Quantum2®, Fusion®, PFA+ and others. Whitford has global manufacturing facilities, including sites in Brazil, Italy, the UK, India, China, Singapore, and Elverson, PA. With the acquisition of Polymeric Systems Inc. in mid-2004, its portfolio expanded to include a wide variety of adhesive products sold throughout the world to retail, consumer and industrial markets.
Source: Company Web site, company contact
Notes: In January 2011, Whitford purchased HP Polymers, a leading Canadian manufacturer of a variety of polymer resins. In April 2011, the company opened its ninth factory in Bangalore, India. Manufacturing at the site will concentrate primarily on coatings for consumer products, along with a few specialized industrial applications.
14. Vogel Paint, Inc.
Orange City, IA
712/737.8880
www.vogelpaint.com
President/CEO: Drew F. Vogel
Coatings Sales: $135 million
Vogel Paints was established in 1926 as a manufacturer of barn paints and creamery maintenance enamels. It entered the liquid industrial coatings market in the 1950s and began to build a fleet of company stores selling architectural paints and heavy-duty maintenance coatings in the 1970s. The company formed the Peridium Powder Coatings division in 1998 and built a new powder coatings production facility in 2003. Today, the company operates over 70 company stores and seven manufacturing plants and distribution centers in 13 states.
Source: Company contact
Notes: In May 2011, Diamond Vogel announced a partnership with Sciessent, creator of the silver-based antimicrobial brand Agion®, to offer the Peridium® Powder Coatings line. The new Peridium line brings the quality and durability that industrial customers have found synonymous with the Vogel name with the added benefit of Agion antimicrobial product protection.
15. Ace Hardware Corp.
Oakbrook, IL
630/990.6600
www.acehardware.com
CEO/President: Ray A. Griffith
Chairman of the Board: Dave Ziegler
Coatings Sales: $125 million
Ace Hardware is the largest retailer-owned hardware cooperative in the industry. Ace manufactures a full assortment of paints, stains, primers and light-industrial products with its primary business centered on the Ace ROYAL™ brand. All Ace Paint-branded products are produced in one of two facilities owned and operated by the Ace Paint division. Both facilities are located in the south suburbs of Chicago, IL, and are ISO 9001 (quality management) and ISO 14001 (environmental management) certified. In April 2010, Ace Paint, a division of Ace Hardware Corp., announced the launch of Royal Finest™, a premium, low-VOC, acrylic latex paint with Scotchgard Protector. The new paint offers consumers the opportunity to be environmentally responsible, while still providing ultimate stain resistance.
Source: Company contact, press release
16. Tnemec Co., Inc.
Kansas City, MO
800/863.6321
www.tnemec.com
CEO/President: Peter Cortelyou
Coating Sales: $115.8 million
Tnemec Co. manufactures more than 100 architectural and industrial coatings, from premium epoxies and polyurethanes to specialized fluoropolymer products, formulated specifically for extreme durability, enduring performance and enhanced aesthetics. Tnemec is a leading supplier of interior and exterior coatings for water storage tanks. Tnemec’s StrataShield brand consists of resinous floor and wall coatings. The company’s Chemprobe subsidiary offers water-repellant and stain products for concrete, masonry and wood.
Subsidary: Chemprobe Coating Systems
Source: Company contact
17. Spraylat Corp.
Pelham, NY
914/738.1600
www.spraylat.com
CEO: Michael Borner
President: Raymond T. Chlodney
Coatings Sales: $115 million
Spraylat Corp. is a supplier to the product-finishing market, offering both decorative and functional coatings. Spraylat offers powder coatings for a wide variety of applications, including architectural powder coatings that exceed AAMA specifications. It offers high-technology coatings, including electrically conductive coatings for EMI/RFI shielding and Polymer Thick Film (PTF) inks for membrane switches and printed antennas. Spraylat’s Liquid Business Unit provides high-performance coatings for heavy equipment, automotive, sign coatings and specialty OEM applications, as well as solutions and coatings for the manufacture of mirrors. Spraylat’s global operations include locations in North America, Europe and Asia.
Subsidiaries: One Shot LLC, Spraylat GmbH (Germany), Spraylat Coatings (Shanghai) Ltd., Spraylat Boya Ltd. (Turkey)
Source: Company contact
18. Quest Specialty Chemicals, Inc.
Menomonee Falls, WI
800/966.7580
www.questsc.com
CEO: Fred Quinn
COO: Gerry Loftus
Coatings Sales: $112 million
Quest Specialty Chemicals is funded through private equity by the Audax Group, located in Boston, and Moelis Capital Partners, located in New York. The company acquires and builds specialty chemical companies in the coatings arena. It is organized into two principal divisions focusing on transportation, industrial and construction coatings. The Specialty Coatings division consists of the following subsidiaries: Matrix System Automotive Finishes LLC; Raabe Co. LLC; and Zolatone Automotive, Industrial, and Marine. United Coatings Manufacturing Co. and HydroStop LLC form the Quest Construction Products division.
Quest Construction Products offers a full line of protective coatings for a wide range of architectural, industrial and roofing applications. Matrix System Automotive Finishes is an independent manufacturer and distributor of aftermarket automotive refinish paint products, marketing paints, primers, clearcoats, hardeners and solvents. Raabe Co. manufactures custom-matched branded touchup paint and provides private-label aerosol and liquid paint filling services.
Source: Company contact, company Web site
19. Yenkin-Majestic Paint Corp.
Columbus, Ohio
614/253.8511
www.majicpaints.com
www.yenkin-majestic.com
www.opcpolymers.com
President: Jonathan M. Petuchowski
COO: Andrew O. Smith
Coatings Sales: $105 million
Yenkin-Majestic’s full line of architectural paints includes interior and exterior products and a variety of specialties, including a complete farm program, low-VOC oil-based floor paints and a unique acrylic enamel line (Diamond Hard). Its industrial division manufactures waterborne and solventborne products, including urethanes, epoxies and polyesters. Its OPC Polymers operations serve the United States, Canada and other markets, with expansion in 2010 by the acquisition of SI Group-Canada Ltd. Product categories include alkyds, oil-modified urethanes, monomer-modified combinations, high solids, water reducibles, alkyd dispersions, epoxy esters and VOC-compliant vehicles.
Source: Company contact
20. ELANTAS PDG Inc.
St. Louis, MO
314/621.5700
www.elantas.com
CEO/President: Susan W. Graham
Coatings Sales: $100 million
ELANTAS PDG Inc. is a premier supplier of specialty polymers for the electrical and electronic industries. The key products of ELANTAS PDG include magnet wire enamel, insulating varnishes and encapsulating resins. It also produces tubing and sleeving varnishes, pultrusion resins, laminating resins, adhesives, and conformal coatings.
Parent Company: ALTANA, AG, of Germany
Source: Company Web site, press releases, company contact
21. California Products Corp.
Andover, MA
978/623.9980
www.californiapaints.com
CEO/President: Peter Longo
Coatings Sales: $80 million
California Paints manufactures coatings for architectural, consumers and contractors under the brand names California Paints, Storm Stain and California Performance Coatings. California Products produces interior and exterior architectural paints.
Source: Company contact, Web site
Notes: In August 2009, California Products Corp. acquired the customer base and certain assets of Progress Paint Manufacturing Co. The acquisition included certain Progress Paint brands and product lines including Gray Seal®, Fixall®, Duralux® Marine and other associated lines.
22. Vista Paints
Fullerton, CA
714/680.3800
www.vistapaint.com
CEO/President: Eddie Fischer
Coatings Sales: $75 - 100 million
Vista Paints, founded in 1960, is a manufacturer of high-quality coatings for the architectural and industrial-maintenance markets for sale through company-owned stores throughout California and Nevada. Its customers include the professional painter and the DIY consumer. The stores supply wallpaper, window coverings and related painting supplies in addition to paint.
Source: Company contact
23. True Value Co.
Chicago
773/695.5000
www.truevaluecompany.com
President/CEO: Lyle G. Heidemann
Coatings Sales: Approx. $70 million
True Value Co. manufactures exclusive paint brands for its retail identities as well as private-label brands for third-party accounts. Paint is manufactured under the EasyCare and Weatherall brands in Cary, IL, and distributed nationally to its core hardware stores.
True Value Co. is one of the world’s largest retailer-owned hardware cooperatives with sales of $1.8 billion in 2010. The True Value cooperative includes approximately 4,700 independent retailer locations worldwide operating under the store identities of True Value, Grand Rental Station, Taylor Rental, Party Central, Home & Garden Showplace and Induserve Supply.
Source: 2010 Annual Report, company contact
24. Gemini Industries
El Reno, OK
405/262.5710
www.gemini-coatings.com
CEO/President: David Warren
Coatings Sales: $40 million
Founded in 1964, Gemini Industries is an employee-owned company that manufactures and distributes an extensive line of coatings, aerosol products and touchup materials for the architectural wood-finishing market. A sophisticated line of high-performance coatings for cabinet makers, furniture finishers and refinishes represents 50 percent of sales. It also manufactures a line of EPA-registered wood preservatives and related products for use on exterior decks, siding and fences. Gemini has five plants and distribution facilities that provide nationwide service.
Parent Company: Gemini Industries
Source: Company contact
25. United Gilsonite Laboratories
Dunmore, PA
570/344.1202
www.ugl.com
CEO/President: Thomas White
Coatings Sales: $40 million
United Gilsonite Laboratories (UGL) manufactures over 80 paint-specialty and home-maintenance products that are sold nationally and internationally at hardware stores, home centers, paint stores and lumberyards. Its main brands are Zar and Drylok. UGL exports products to nearly 80 countries.
Source: Company contact
Unreported/Unranked:
Benjamin Moore & Co.Montvale, NJ
201/573.9600
www.benjaminmoore.com
President/CEO: Denis Abrams
Coatings Sales: Not reported
Benjamin Moore & Co. is primarily a North American paint company. Its products are sold nationally through independent paint stores. It specializes in architectural coatings with some industrial maintenance coatings. The company has a small amount of sales overseas.
Parent Company: Berkshire Hathaway Inc.
Source: Company Web site, company contact
Dunn-Edwards Corporation
Los Angeles
323/771.3330
www.dunnedwards.com
CEO: Kenneth N. Edwards
President/COO: Karl Altergott
Coatings Sales: Not reported
Dunn-Edwards operates 109 stores in five western states: California, Arizona, New Mexico, Nevada and Texas. It is a manufacturer and supplier of architectural and industrial coatings, providing a complete line of paints and professional painting supplies. The company caters to architects, designers, painting contractors, homebuilders and property managers in the Southwest. It also serves do-it-yourselfers, although professionals account for a majority of sales.
Source: Company contact, company Web site, press releases
Notes: In December of 2010, Dunn-Edwards introduced two new lines of paint products, SPARTASHIELD® exterior 100-percent acrylic paints and SPARTAWALL™ interior acrylic paints. In April of 2011, Dunn-Edwards launched ARISTOWALL™, a line of premium interior enamel finishes formulated with advanced water/oil hybrid technology.
Honorable Mention:
Farrell-Calhoun Inc.Memphis, TN
90l/526.2211
www.farrellcalhoun.com
President: John A. Ward Jr.
VP Sales/Marketing: Anthony Ward
Coatings Sales: $28.4 million
Farrell-Calhoun manufactures architectural and industrial-maintenance coatings. The company has distribution throughout the mid-south and southeast through 30 company-owned stores and a network of 100 dealers.
Source: Company contact
The Muralo Co. Inc.
Bayonne, NJ
201/437.0770
www.muralo.com
President: James S. Norton
Coatings Sales: $18 million
Muralo manufactures a broad line of architectural coatings sold through independent paint stores. With manufacturing located across the United States, Muralo can supply its customers nationally. Muralo also offers Spackle® spackling compound and brush, patch and repair products.
Subsidiaries: Elder and Jenks Inc., Synkoloid, and Graham Paint and Varnish Co.
Source: Company contact
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