9. Lanco Paints & Coatings (Blanco Group)
San Lorenzo, Puerto Rico
CEO: Sergio Blanco
2021 Coatings Sales: $350 millionSince beginning operations in 1978, Lanco Paints & Coatings' mission has been one of superior customer satisfaction centered on a drive to produce the best quality products. Lanco’s product line encompasses applications ranging from architectural coatings and wood finishes to industrial adhesives and high-performance sealants. This family owned company has grown to an international enterprise with manufacturing facilities in the United States, the Caribbean, Central America and South America. It currently has 13 manufacturing facilities and four distribution centers, employing over 2,300 people.
The company’s product line encompasses a wide array of applications ranging from architectural and industrial coatings, wood finishes, industrial adhesives and high-performance sealants, and cement-based products such as thin sets, mortars and grouts, and automotive products. The company reports 84% of sales are within the architectural/decorative segment, 15% of sales are in the general industrial and industrial maintenance segment, and 1% of sales are in the automotive refinish segment.