This issue of Paint & Coatings Industry magazine brings you the 12th annual listing of the top coatings manufacturers. We ranked the global leaders according to their worldwide 2003 coatings sales figures, and the top 50 North American companies by their 2003 North American coatings sales. All ranking numbers in red indicate ties for that placement.

Global Leaders

1. Akzo Nobel Coatings nv
The Netherlands
+31 26 3664433
www.akzonobel.com
CEO/President: Rudy van de Meer, Manager of Coatings
Estimated 2003 Global Coatings Sales: 6.074 billion

Akzo Nobel is a leading global company in healthcare products, coatings and chemicals. It is the largest coatings company in the world with about 8% share and is active in all sectors of the coatings industry. In the United States, Akzo does not have a position in architectural coatings, but is a major supplier of powder, coil and wood coatings in addition to having a position in other industrial, auto-refinish and marine coatings. North American coatings sales are estimated at $1.100 billion. Total Akzo Nobel worldwide sales were $16.4 billion in 2003 and total coatings business unit sales were $6.566 billion. Non-coatings sales of the business unit amounted to $492 million.

Parent Company: Akzo Nobel, Arnhem, the Netherlands
Source: 2003 annual report, website and press releases
Notes: In 2003 Akzo opened a powder coating facility in Vietnam, and a non-stick coatings facility in Dongguan, China. It acquired full ownership in its powder coatings activities in South Korea, and set up a marketing and sales company for marine and protective coatings in Japan. In 2004 Akzo opened a non-stick coatings facility in Brazil.
Number of Stores: 0
Manufacturing Plants: Numerous

2. PPG Industries, Inc.
Pittsburgh
412/434.3131
www.ppg.com
CEO/President: Raymond W. LeBoeuf
Estimated 2003 Global Coatings Sales: $4.836 billion

PPG is a major global coatings company. It is the largest producer worldwide of transportation OEM and refinish coatings. It also has a global position in metal-packaging coatings. In the United States, PPG has a very strong position in almost all segments of the coatings industry. Recent acquisitions have given the company a strong architectural coatings presence in the United States. Coatings represent 55% of corporate sales of $8.756 billion. Glass and chemicals make up the rest of the sales. North American coatings sales are estimated at 70% of the total coatings sales or $3.385 billion.

Parent Company: PPG Industries, Inc.
Source: 2003 annual report, 10K, press releases and website
Number of Stores: 267 retail stores
Manufacturing Plants: 51

3. Sherwin-Williams Co.
Cleveland
216/566.2000
www.sherwin.com
CEO/President: Christopher M. Connor
Estimated 2003 Global Coatings Sales: 4.272 billion

Sherwin-Williams is the dominant architectural coatings producer and marketer in North America. Total sales for 2003 were $5.408 billion. It is estimated that about 79% of sales represent coatings sales with the remainder being related products including wall coverings, floor coverings and application supplies. With 2,943 company-owned paint stores, and branches in North and South America, the company maintains a strong position in DIY consumer and contractor sales and automotive refinishes. In addition to the main brand, "Sherwin-Williams", sold only in its paint stores, the company sells coatings under many other brand names through other outlets where paint is sold. In the special-purpose coatings market, the company has strong positions in industrial-maintenance coatings, auto-refinish and aerosol paints. Industrial coatings sales are made both directly and through special company-owned industrial stores.

Subsidiaries: Purchased Accurate Dispersions' colorants product lines and related assets from Eastman Chemical Co. in Dec. 2003. (Accurate Dispersions was formerly part of McWhorter Technologies.)
Source: 2003 annual report and 10K, website and press releases
Notes: Sherwin-Williams recently announced a definitive agreement to acquire 100% of the stock of Duron Inc. in a transaction valued at $253 million plus the assumption of "certain financial obligations." Duron, based in Beltsville, MD, is a major regional architectural-coatings manufacturer, and operates 231 company-owned stores in the eastern United States. The company has annual sales of approximately $350 million. Sherwin-Williams said the sale would be completed following regulatory approval. In April 2004, Sherwin-Williams acquired a majority interest in Shanghai Kinlita Chemical Co., in Shanghai, China. The company supplies coatings to truck and bus makers in China, with total sales of $15 million. The company will be renamed Sherwin-Williams Kinlata and will be part of the automotive business segment of SW.
Number of Stores: 2,943
Manufacturing Plants: 49

4. ICI Paints
Berkshire, U.K.
+44 1753550000
www.ici.com
CEO/President: David Hamill
Estimated 2003 Global Coatings Sales: 3.859 billion

ICI is a leading international coatings business with wide geographic spread. ICI specializes in architectural (91%), metal-container coating (8%), and miscellaneous industrial coatings (1%) businesses. The consumer decorative paint business has one of the leading market shares in most countries where they are sold. The container coating business specializes in internal and external coatings for food and beverage cans and is one of the leading suppliers. In North America, paint sales amounted to an estimated $1.621 billion. ICI has many well-known brands in the U.S. market, including Glidden, Dulux, Devoe, Fuller O'Brien and Sinclair. Glidden paints are carried at all Home Depot stores. ICI has a dominant share of the metal container interior coatings market. Total ICI corporate sales were $9.615 billion.

Parent Company: ICI, Plc
Source: 2003 annual report, press releases and website
Manufacturing Plants: 49

5. DuPont Coatings & Color Technologies Group
Wilmington, DE
302/774.1000
www.dupont.com
CEO/President: Edward J. Donnelly, Group Vice President
Estimated 2003 Global Coatings Sales: 3.575 billion

Dupont Coatings and Color Technologies Group is the world's leading automotive coatings supplier. It offers high-performance liquid and powder coatings for the automotive OEM, refinish and aftermarket, and general industrial OEM applications, as well as high-performance specialty products. DuPont is not active in the architectural coatings market, and operates in only selected industrial markets. The group is also the largest manufacturer in the world of titanium dioxide. Sales of coatings worldwide are estimated at $3.575 billion. Estimated North American sales are $1.620 billion. DuPont, the parent company, had worldwide sales of $27.0 billion.

Parent Company: DuPont
Source: 2003 annual report and 10K, website and press releases
Number of Stores: 0
Manufacturing Plants: 20

6. BASF Coatings AG
Ludwigshafen, Germany
+011 49 621 60-0
www.basf.com
CEO/President: Klaus Peter Lobbe
Estimated 2003 Global Coatings Sales: $2.538 billion

BASF is the world's leading chemical company, with products including chemicals, plastics, coatings systems, dispersions, agricultural products, fine chemicals, as well as crude oil and natural gas. Total corporate sales were $42 billion in 2003. Coatings sales include automotive OEM coatings, automotive refinish, 'Glasurit', coatings, industrial coatings and decorative coatings in South America. North American coatings sales for 2003 were 30% of the total coatings sales, or $761 million.

Parent Company: BASF AG
Source: 2003 annual report, press releases and website
Notes: In 2004, BASF opened a new production plant in Sao Paulo, Brazil for architectural coatings
Number of Stores: 0
Manufacturing Plants: Numerous

7. SigmaKalon Group BV
Netherlands
+31 297 54 1700
www.SigmaKalon.com
CEO/President: Pierre-Marie De Leener
Estimated 2003 Global Coatings Sales: 2.141 billion

SigmaKalon is one of the leading worldwide providers of decorative (75% of total sales), marine and protective coatings (15%), and industrial coatings (10%). It is Europe's premier manufacturer of decorative paints, with a comprehensive range of leading brands and private-label paints. It is also a major supplier in marine and protective coatings, which are supplied worldwide. The company enjoys significant positions in the markets for joinery coatings, coil coatings, as well as general industrial and powder coatings.

Parent Company: Sigma Coatings, USA
Source: Website, internet and press releases
Notes: SigmaKalon recently acquired Primalex Brasy, the largest Czech/Slovak paint producer, from the U.S. investment fund The Riverside Company. Total Fina sold off Sigma Kalon to private investment firm, Bain Capital, effective March 6, 2003.
Manufacturing Plants: Numerous

8. Valspar Corp.
Minneapolis
612/332.7371
www.valspar.com
CEO/President: Richard M. Rompala
Estimated 2003 Global Coatings Sales: 2.096 billion

The Valspar Corp., in business since 1806, is a multinational coatings manufacturer. The company is the largest supplier of wood, coil, mirror and rigid packaging coatings in the world. In North America, Valspar is the leading supplier of non-automotive, industrial coatings. The architectural, automotive, and specialty product line, which includes interior and exterior decorative paints and aerosols, automotive and fleet refinish, and high-performance floor coatings, is a major supplier in North America. The company has an additional $152 million in sales in resins and colorants used internally and sold to other coatings manufacturers. 75% of corporate sales are derived in the United States.

Source: 2003 annual report and 10K, press releases and website
Notes: In 2003, a new architectural coatings plant was started up in Sacramento, CA, and a new wood coating plant began operations in Dongguan, China. In 2004, Valspar acquired De Beer Lakfabrieken, a privately owned manufacturer of automotive-refinish coatings in the Netherlands. De Beer sells in more than 65 countries and has subsidiaries in the U.K. and Australia.
Number of Stores: 0
Manufacturing Plants: 57

9. Nippon Paint Co. Ltd.
Osaka, Japan
+81.6.64581111
www.nipponpaint.co.jp
CEO/President: Teruyoshi Fujishima
Estimated 2003 Global Coatings Sales: 1.550 billion

Nippon Paint Co., founded in 1881, is the oldest Japanese coatings company. It is one of the leading suppliers of coatings for architectural, automotive OEM and refinish, and other industrial coatings. It also has a powder coating capability. Total sales amounted to $1.646 billion in 2003. A fine chemical segment represents about 5.8% of the total sales.

Nippon has overseas sales amounting to about 10% of revenues. The company has many subsidiaries. In the United States, it has five subsidiaries, one, NPA, being the former Seibert Powder coatings.

Source: 2003 annual report and website
Manufacturing Plants: Numerous

10. Kansai Paint Co., Ltd.
Osaka, Japan
+81.6.6203 5531
www.kansai.co.jp
CEO/President: Katsuya Sera
Estimated 2003 Global Coatings Sales: 1.451 billion

Kansai Paint Co., established in 1918, is the largest paint and most advanced manufacturer in Japan, but not as large in international sales as Nippon Paint. Kansai Paint total sales amounted to $1.499 billion in 2003, with an estimated 96.8% being paint products. The company is one of the leading manufacturers of decorative paints, automotive OEM and refinish paints for Japanese-made vehicles, and metal container coatings in Japan. Its product line is extensive in all types of coatings. Its overseas business is especially concentrated in other Asian countries. 83% of sales are in Japan. $21 million in sales in the Americas.

Source: 2003 annual report and website
Manufacturing Plants: 5

11. RPM, Inc.
Medina, OH
330/273.5090
www.rpminc.com
CEO/President:Frank C. Sullivan
Estimated 2003 Global Coatings Sales: 1.355 billion

RPM is a holding company of many subsidiaries that operate in the coatings industry. 54% of sales are from the industrial division, including waterproofing, corrosion control and maintenance coatings markets. 46% are from the consumer division. Of the total reported sales of $2.084 billion, 88% are from North America. An estimated 65% of sales are paint and coating sales. The major subsidiaries are Carboline, Tremco, Day-Glo, TCI Powder coatings, Kop-Coat, Rust-Oleum, Zinsser, Flecto, Chemspec, Pettit, and Testor paints and coatings companies and non-coating companies, DAP, Bondo, Fibergrate Floor Grating, American Emulsion, Textile Specialties, Stonhard Flooring, Euco Concrete and Masonry Specialty Product. Some consolidations have been taking place the last few years.

Subsidiaries: Stonhard, Tremco, Carboline, Dryvit, Day-Glo TCI Powder Coatings, Kop-Coat, Rust-Oleum, Zinsser, Bondo, Flecto, Wolman, Testors, Mohawk, Star, and Westfield Coatings
Parent Company: RPM, Inc.
Source: 2003 annual report and 10K, website and press releases
Notes: RPM Acquired Koch Waterproofing Solutions on April 1, 2003.
Number of Stores: 0
Manufacturing Plants: 50+

The PCI 50

1. Sherwin-Williams Co.
Cleveland
216/566.2000
www.sherwin.com
Estimated 2003 North American Coatings Sales: 3.84 billion
CEO/President: Christopher M. Connor
Sherwin-Williams is the dominant architectural coatings producer and marketer in North America. It is active in all industry segments. Total sales for 2003 were $5.408 billion, with $546 million external sales. It is estimated that about 79% of sales represent coatings with the remainder being related products, including wall coverings, floor coverings and application supplies. With 2,816 company-owned paint and automotive stores in North America, the company maintains a strong position in both DIY consumer and contractor sales, and automotive refinish sales. In addition to the main brand, "Sherwin-Williams", sold only in its paint stores, the company sells coatings under many other brand names through all outlets where paint is sold. Industrial coatings, including powder, are sold both direct and through special industrial paint stores. In the special purpose coatings market, the company has strong positions in industrial maintenance, auto refinish, traffic-marking and aerosol coatings.
Source: 2003 annual report and 10K, website and press releases
Notes: Sherwin-Williams recently announced a definitive agreement to acquire 100% of the stock of Duron Inc. in a transaction valued at $253 million plus the assumption of "certain financial obligations." Duron, based in Beltsville, MD, is a major regional architectural-coatings manufacturer, and operates 231 company-owned stores in the eastern United States. The company has annual sales of approximately $350 million. Sherwin-Williams said the sale would be completed following regulatory approval. Sherwin-Williams also purchased Accurate Dispersions' colorants product lines and related assets from Eastman Chemical Co. in Dec. 2003. (Accurate Dispersions was formerly part of McWhorter Technologies.)
Number of Stores: 2,816
Manufacturing Plants: 37

2. PPG Industries, Inc.
Pittsburgh
412/434.3131
www.ppg.com
Estimated 2003 North American Coatings Sales: $3.385 billion
President and COO: Charles E. Bunch
PPG is a major global coatings company. It is the largest worldwide supplier of transportation OEM and refinish coatings. It also has a global position in metal packaging coatings. In the United States, PPG has a very strong position in almost every segment of the coatings industry. Recent acquisitions have made it one of the top five architectural paint suppliers in North America, and one of the global leaders in aerospace coatings. North American coating sales are estimated at $3.385 billion, about 70% of its global coatings sales of $4.836 billion.
Source: 2003 annual report and10K, website, and press releases
Number of Stores: 267 retail stores
Manufacturing Plants: 25

3. Valspar Corp.
Minneapolis
612/332.7371
www.valspar.com
Estimated 2003 North American Coatings Sales: 1.782 billion
CEO/President: Richard M. Rompala
The Valspar Corp., in business since 1806, is a multinational coatings manufacturer. The company is the largest supplier of wood, coil, mirror and rigid packaging coatings in the world and North America, and the largest supplier of non-automotive industrial coatings in North America. The architectural, automotive and specialty product line includes interior and exterior decorative paints and aerosols, automotive and fleet refinish, and high-performance floor coatings. The company has an additional $152 million in sales of resins and colorants used internally and sold to other coatings manufacturers. 75% of corporate sales are derived from the U.S., with an estimated 85% of sales in North America.
Source: 2003 annual report and 10K, press releases and website
Notes: In 2003, a new architectural coatings plant was started up in Sacramento, CA, and a new wood coatings plant in Dongguan, China, began operations.
Number of Stores: 0
Manufacturing Plants: 38

4. ICI Paints North America
Cleveland
216/344.8000
www.ici.com
Estimated 2003 North American Coatings Sales: 1.621 billion
CEO/President: Larry Porcellato
ICI is one of the largest paint companies in the world. It specializes in architectural and metal container coatings businesses. ICI has many well-known brands in the U.S. market, including Glidden, Dulux, Devoe, Fuller O'Brien and Sinclair. Glidden paints are carried at all Home Depot stores. ICI has a dominant share of the metal container interior coatings market. Sales of coatings in the North American market are estimated at $1.621 billion. Worldwide coating sales for ICI are reported as $3.859 billion.
Parent Company: ICI, Plc
Source: 2003 annual report, website and press releases
Notes: ICI acquired eight Wilshire Paint stores in California, bringing the total paint stores in California to 75.
Number of Stores: 600
Manufacturing Plants: 7

5. DuPont Coatings & Color Technologies
Wilmington, DE
302/774.1000
www.dupont.com
Estimated 2003 North American Coatings Sales: 1.620 billion
CEO/President: Edward J. Donnelly
DuPont Coatings and Color Technologies Group has a leading position as an automotive coatings supplier in the world and North America. DuPont offers high-performance liquid and powder coatings for automotive OEM, refinish and aftermarket. It also markets liquid and powder coatings for the industrial maintenance and for selected industrial OEM markets. The group is also the largest world manufacturer of titanium dioxide pigment. Sales of coatings worldwide are estimated at $3.575 billion. Estimated U.S. sales of coatings are $1.620 billion. DuPont, the parent company, had worldwide sales of $27.0 billion in 2003.
Parent Company: DuPont
Source: 2003 annual report, and 10K, websites, and press releases
Number of Stores: 0
Manufacturing Plants: 6 Major coatings plants are; Front Royal, VA; Ft. Madison, IA; Mt. Clemens, MI; Rochester, NY; and Houston, TX.

6. RPM, Inc.
Medina, OH
330/273.5090
www.rpminc.com
Estimated 2003 North American Coatings Sales: $1.192 billion
CEO/President: Frank C. Sullivan
RPM is a holding company of many subsidiaries that operate in the coatings industry. 54% of sales are from the industrial division, which includes waterproofing, corrosion control and maintenance coatings. 46% are from the consumer division. Of the total reported sales of $2.084 billion, 88% are from North America. Of these, an estimated 65% are coatings sales. The major subsidiaries are Carboline, Tremco, Day-Glo, TCI Powder coatings, Kop-Coat, Rust-Oleum, Zinsser, Flecto, and Testor paints and coatings companies, and non-coating subsidiaries, DAP, Bondo, Fibergrate Floor Grating, American Emulsion Textile Specialties, Stonhard Flooring, and Euco Concrete and Masonry Specialty Product.
Parent Company: RPM, Inc.
Source: 2003 annual report, 10K, press releases and website
Notes: Tremco acquired Koch Waterproofing Solutions on April 1, 2003. Koch had $30 million sales, and has headquarters in Reynoldsburg, Ohio.
Number of Stores: 0
Manufacturing Plants: 45

7. Akzo Nobel Coatings, Inc.
Louisville, KY
502/254.0470
www.akzonobel.com
Estimated 2003 North American Coatings Sales: $1.100 billion
CEO/President: Robert Torba
Globally, Akzo Nobel is the largest paint company and is a major supplier of wood, coil, powder, marine, auto refinish and industrial coatings. In the United States, it manufactures coatings for all markets except architectural. Total coating division sales in North America are estimated at $1.100 billion, which is 17% of worldwide coatings sales of $6.074 billion. The coatings business unit also produces some non-coating products.
Parent Company: Akzo Nobel, Arnhem, The Netherlands
Source: 2003 annual report, website and press releases
Notes: Akzo Nobel acquired the Marine and Aerospace businesses of NOF. A new, heavy-duty industrial coatings plant has been started up in Houston, TX.
Number of Stores: 0
Manufacturing Plants: 20+

8. Behr Process Corp.
Santa Ana, CA
714/545.7101
www.behrpaint.com
Estimated 2003 North American Coatings Sales: 1.093 billion
CEO/President: Jeff Filley
Behr, in business since 1947, manufactures architectural coatings, including specialty paint products, stains, varnishes and waterproofings. In 1999, Behr was acquired by Masco Corp., which sells Masterchem specialty paint products and Kilz brand primers. The products are sold primarily through major home center chains in North America. Sales of paint products are 10% of Masco sales of $10.936 billion, or 1.093 billion for 2003.
Parent Company: Masco Corp.
Source: Masco 10K and annual report, websites and press releases
Number of Stores: 0
Manufacturing Plants: 5

9. Benjamin Moore & Co.
Montvale, NJ
201/573.9600
www.benjaminmoore.com
Estimated 2003 North American Coatings Sales: $950 million
CEO/President: Ivan Dupuy
Benjamin Moore & Co. is primarily a North American paint company. Its products are well known and sold nationally through independent paint stores. It specializes in architectural coatings with some industrial maintenance coatings. The company has a small amount of sales in New Zealand and Australia.
Parent Company: Berkshire Hathaway, Inc.
Source: Annual report and 10K for Berkshire Hathaway, Inc., website, and press releases
Number of Stores: 168 majority-owned stores
Manufacturing Plants: 8 in North America

10. BASF Coatings AG
Southfield, MI
248/827.4670
www.basf.com
Estimated 2003 North American Coatings Sales: 761 million
CEO/President: Rainer Michael Blair
BASF is the world's leading chemical company, with products including chemicals, plastics, coatings systems, dispersions, agricultural products, fine chemicals, as well as, crude oil and natural gas. Total corporate sales were $42 billion in 2003, with coating division sales of $2.538 billion. Coatings sales in North America are for automotive OEM and refinish, industrial OEM products and high-performance industrial-maintenance coatings. BASF has recently opened a powder coating plant in the United States. North American coatings sales are 30% of total corporate coatings sales, or $761 million.
Parent Company: BASF, AG
Source: 2003 annual report, websites, press releases
Number of Stores: 0
Manufacturing Plants: 8

11. Professional Paint, Inc.
Lone Tree, CO
720/873.3060
www.professionalpaintinc.com
Estimated 2003 North American Coatings Sales: 438 million
CEO/President: Kent Child
Professional Paint consists of many paint companies located in North America - Kwal-Howells, Frazee, Parker Paint, Sophir Morris Paints, Stellar- Kwal, Ideal Paints and General Paint. Although Professional Paint is a newer company, the history of its subsidiaries goes back as far as 1896. The company markets architectural and industrial-maintenance paints through 295 company-owned stores and also through dealers. Its market is concentrated in the Western United States (West of the Mississippi) and all of Canada. In 2003 Professional Paint acquired Ideal Paints in Ontario, Canada; Duckback Products, Inc., a manufacturer of wood and concrete stains based in Chico, CA; and Classic Paint service centers located in Arizona and Las Vegas.
Subsidiaries: Kwal-Howells, Frazee, Parker Paint, General Paint
Parent Company: Professional Paint, Inc.
Source: Website, press release and personal contact
Number of Stores: 295
Manufacturing Plants: 7

12. Kelly-Moore Paint Co., Inc.
San Carlos, CA
650/592.8337
www.kellymoore.com
Estimated 2003 North American Coatings Sales: 325 million
CEO/President: Herb Giffins
Founded in 1946 by William H. Kelly and William E. Moore, the company has grown to be one of the major Western U.S. paint manufacturers and suppliers. The company operates 160 paint stores for architectural and industrial maintenance coatings in 10 western states. The company produces over 20 million gallons of paint. Kelly-Moore, together with Dunn-Edwards, M.A.B Paints in the East and Diamond Vogel Paints in the Midwest, have formed an alliance, 'Paint America', to become a national paint supplier with regionally preferred formulas and local service.
Subsidiaries: Ponderosa Paint, Mfg. Inc.
Source: Website and personal contact
Number of Stores: 160
Manufacturing Plants: 4

13. Duron Inc.
Beltsville, MD
301/937.4600
www.duron.com
Estimated 2003 North American Coatings Sales: 300 million
CEO/President: Dr. Robert Feinberg, Thomas Schwartzbeck, President
Duron, founded in 1949, manufactures and distributes architectural and light industrial coatings designed specifically for professional contractors. The company sells its products through 235 Duron paint and wallcoverings stores, and 160 independent dealers located east of the Mississippi. It also sells Ameron's heavy-duty maintenance coatings. Duron recently entered into a partnership with TruServ Corp. to expand distribution of its products to True Value stores across the country. True Value will produce selected Duron products at its plant in Cary, IL. Total sales for Duron in 2003 were $372 million, with paint sales estimated at $300 million. Duron has formed a bi-coastal marketing alliance with Professional Paint, Inc., giving it the ability to specify paint, wallcovering and sundries nationwide. Duron has a preferred alliance with Cendant, a leading hospitality franchiser.
Source: Website, press releases and personal contact
Notes: Sherwin-Williams recently announced a definitive agreement to acquire 100% of the stock of Duron Inc. in a transaction valued at $253 million plus the assumption of "certain financial obligations." Sherwin-Williams said the sale would be completed following regulatory approvals.
Number of Stores: 235
Manufacturing Plants: 2

14. Rohm and Haas Co.
Philadelphia
215/592.3000
www.rohmhaas.com
Estimated 2003 North American Coatings Sales: 251 million
Vice President, Coatings: Alan E. Barton
Rohm & Haas is a major chemical company with worldwide operations. It sells $1.5 billion of coatings emulsions to the coating industry. The coatings operations are in the automotive and powder coatings areas. Rohm & Haas is one of the major worldwide powder coatings suppliers. Its flexible chemistries enable it to make primers and paints for nearly every plastic vehicle component. Powder coatings are produced in a comprehensive line of thermoset and thermoplastic coatings in various chemistries, and in a wide range of colors and textures. Total coatings sales were $431 million for 2003. North American coatings sales are estimated at 58% of the total, or $251 million. Total Rohm & Haas Co. sales were $6.4 billion in 2003.
Source: 2003 annual report, 10K, press releases and websites
Number of Stores: 0
Manufacturing Plants: 4

15. Dunn-Edwards Corp.
Los Angeles
323/771.3330
www.dunnedwards.com
Estimated 2003 North American Coatings Sales: 234 million
CEO/President: Kenneth N. Edwards, CEO; Mike Rose, President, COO
Dunn-Edwards, founded in 1925, operates 78 stores in six Western states, including California, Texas, Arizona, New Mexico and Nevada. Total sales for the company were about $292 million, with 80% coatings sales. It manufactures and distributes a premium line of paints and coatings through its stores. Paint sundries and wallcoverings are also sold in the stores to commercial and residential customers. It also has export sales and a distributorship in China. Dunn-Edwards has joined the Paint America Alliance with Kelly-Moore, Diamond Vogel and M.A.B. Paints to permit marketing nationally to the major home centers.
Source: Website and company contact
Number of Stores: 78
Manufacturing Plants: 3

16. Sico, Inc.
Beauport, QC, Canada
450/442.7957
www.sico.com
Estimated 2003 North American Coatings Sales: 205 million
CEO/President: Pierre Dufresne
Sico, founded in the1937, is the leading Canadian manufacturer of paints and coatings. Consumer paint products accounted for 86% of revenues, and industrial products 14%. Sico has a 24% share of the Canadian architectural paint market. Sico's industrial coatings are sold for metal coatings to the railway, aerospace and heavy transportation industries. Total sales in Canadian dollars in 2003 were $284 million.
Source: Website, 2003 annual report and press releases
Notes: Acquired Para Inc., an architectural coatings manufacturer located in Brampton, Ontario. Para had $49 million sales in 2002.
Number of Stores: 0
Manufacturing Plants: 6

17. M.A.B. Paints
Broomall, PA
610/353.5100
www.mabpaints.com
Estimated 2003 North American Coatings Sales: 165 million
CEO/President: Thomas A. Bruder, Jr.
This is one of the largest privately owned paint companies, in operation for over 100 years. With 150 company owned paint stores and 100 independent dealers, the company distributes paint and coatings east of the Mississippi. M.A.B. produces a complete line of architectural, industrial OEM and heavy-duty maintenance coatings. M.A.B. Paints has joined with Kelly-Moore, Dunn-Edwards and Diamond Vogel Paints to form 'Paint America', a national coatings alliance. The alliance will permit them to bid for business from national home centers and chains.
Source: Website and company contact
Number of Stores: 150
Manufacturing Plants: 3

18. Ennis Paint, Inc.
Ennis, TX
972/875.7272
www.ennispaint.com
Estimated 2003 North American Coatings Sales: 147 million
CEO/President: John Anderson
Ennis Paint, Inc., incorporated in 1996, 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: Website and personal contact
Number of Stores: 0
Manufacturing Plants: 7

19. Ace Hardware Corp.
Oakbrook, IL
630/990.6600
www.acehardware.com
Estimated 2003 North American Coatings Sales: 138 million
CEO/President: David F. Hodnik
Ace Hardware Corp., 80 years old, is the largest-volume member-owned cooperative in the hardware industry. Ace manufactures its own paints and distributes them to member hardware stores. Ace operates about 4,800 hardware stores mostly in the United States, although they have stores in 70 other countries. Paint, cleaning and related supplies represent about 22% of Ace warehouse sales. About 4% of total sales are outside the U.S.
Source: 2003 annual report and website
Number of Stores: 4,800
Manufacturing Plants: 2

20. Diamond Vogel Paints Co.
Orange City, IA
712/737.8880
www.diamondvogel.com
Estimated 2003 North American Coatings Sales: 130 million
CEO/President: Drew Vogel
Vogel Paints was started in 1926 and became Diamond Vogel Paints after the acquisition of Diamond Products in 1967. The company sells architectural coatings in 80 company-owned stores in 13 central states. Diamond Vogel also produces industrial coatings for a wide variety of OEM products, and markets heavy-duty maintenance coatings. It acquired certain assets of Davis-Frost and Four Seasons Paint to expand its industrial coatings offerings. A new powder coating plant has started up, to expand its industrial coatings product line. It joined with Kelly-Moore, Dunn-Edwards and M.A.B Paints in forming a national coatings alliance called "Paint America", which will permit them to market products through national home centers and chains.
Subsidiaries: Diamond Vogel Paints, Van Sickle Paint Mfg. Co. and Diamond Products.
Parent Company: Vogel Paint, Inc.
Source: Website, press releases and company contact
Notes: In 2004, Diamond Vogel acquired certain assets of Davis-Frost operations in Minneapolis and Tulsa. Only the industrial coatings in the Midwest are involved. Diamond Vogel acquired Four Seasons Paint of Lincoln, NE. The company produces industrial coatings with a six-state sales region.
Number of Stores: 80
Manufacturing Plants: 8

21. P.D. George Co.
St. Louis
314/621.5700
www.pdgeorge.com
Estimated 2003 North American Coatings Sales: 118 million
CEO/President: Dr. Susan W. Graham
P.D. George Co. founded over 75 years ago, is a premier supplier of specialty polymers for the electrical and electronic industries. The key products include magnet wire enamel, insulating varnishes and encapsulating resins. It also produces tubing and sleeving varnishes, pultrusion resins, laminating resins, adhesives and conformal coatings. P.D. George is part of the Altana, AG group of companies, offering a strong global approach to research, manufacturing and service. Altana purchased Schenectady International Inc. in 2003.
Parent Company: Altana, AG of Germany
Source: Websites, press releases, financial reports and personal contact
Notes: Altana AG announced the acquisition of the global electrical insulation business of Schenectady International Inc., (SII) in 2003. Sales of these businesses of SII were $90 million in 2002. P.D. George acquired certain assets of Viking Products, a Division of Underwood Industries, in 2003. It acquired assets and product formulations of the Ranbar Electrical Insulation Division in 2004.
Number of Stores: 0
Manufacturing Plants: 3

22. Ameron International Performance Coatings & Finishes Co.
Alpharetta, GA
678/393.0653
www.ameron.com
Estimated 2003 North American Coatings Sales: 114 million
CEO/President: Stephen F. Dickey
Ameron International is a global company with businesses in coatings, fiberglass-composite pipe, concrete and steel pipe, and construction and allied products. Corporate sales worldwide were $600 million in 2003. The Performance Coatings & Finishes Group manufactures and markets coatings for marine, offshore and heavy-duty maintenance applications. Its products are marketed worldwide. Total worldwide Ameron coatings sales were $190 million, with an estimated 60% of the sales in North America.
Source: 2003 annual report, 10K, website and personal contact
Number of Stores: 0
Manufacturing Plants: 1

23. TruServ Corp.
Chicago
773/695.5000
www.truserv.com
Estimated 2003 North American Coatings Sales: 102 million
CEO/President: Pamela Forbes Lieberman
TruServ manufactures exclusive brands for its retail identities including True Value paints. TruServ is one of the largest hardware cooperatives in the nation, with about $2.0 billion in wholesale sales. Paint is manufactured under the True Value brand at two locations and distributed nationally throughout the United States. TruServ serves approximately 6,200 independent retailers operating under the store identities of True Value, Grand Rental Station, Taylor Rental, Party Central, Home & Garden Showplace and Induserv Supply. Painting and cleaning products represented about 16% of the retailer's total sales.
Source: 2003 annual report and 10K, website and press releases
Number of Stores: 0
Manufacturing Plants: 2

24. Lord Corp.
Cary, NC
919/468.5979
www.lordcorp.com
Estimated 2003 North American Coatings Sales: 100 million
CEO/President: Richard L. McNeal
Lord Corp., founded in 1924, designs, formulates, manufactures and markets adhesives, polyurethane coatings, and devices and systems to manage mechanical motion and control noise. It makes coatings for direct sale and for sale to other coatings companies. The company manufactures and sells products worldwide. Lord Corp. is privately held with worldwide sales amounting to $444 million.
Source: Website and personal contact
Number of Stores: 0
Manufacturing Plants: 2

25. Spraylat Corp.
Pelham, NY
914/738.1600
www.spraylat.com
Estimated 2003 North American Coatings Sales: 94 million
CEO/President: Michael Borner, CEO; Raymond T. Chlodney, President
Spraylat was founded in 1936 as a supplier of peelable coatings for the shoe industry. Today, Spraylat is an innovative supplier to the product-finishing market, offering both decorative and functional coatings. Spraylat began production of powder coatings in 1987. It offers high-technology coatings including EMI/RFI shielding and lightning protection. Spraylat's global operations include locations in North America, Europe and Asia. Spraylat's total sales are $105 million, with 90% in the United States.
Subsidiaries: Hilemn Co., mirror coating business, and Spraylat, GmbH in Germany
Source: Website and personal contact
Notes: A new office has been opened in Shanghai, China.
Number of Stores: 0
Manufacturing Plants: 6

26. Red Spot Paint & Varnish Co.
Evansville, IN
812/428.9100
www.redspot.com
Estimated 2003 North American Coatings Sales: 90 million
CEO/President: Charles D. Storms
Red Spot is a privately held company that was founded in 1903. It celebrated its centennial in 2003. Red Spot specializes in coatings for plastics. They supply all domestic automakers and many foreign transplants with interior and exterior coatings for plastic components. It also supplies coatings for plastic products in other industries. Its core technologies include two-component polyurethane, waterborne, and UV-curable coatings. The bulk of its sales are in North America. In addition, it supplies primers and other liquid coatings for metal products.
Source: Website, press release and personal contact
Number of Stores: 0
Manufacturing Plants: 2

26. Yenkin-Majestic Paint Corp.
Columbus
614/253.8511
www.yenkin-majestic.com, www.majicpaint.com, www.opcpolymers.com
Estimated 2003 North American Coatings Sales: 90 million
CEO/President: Merom Brachman
Yenkin-Majestic, founded in 1920, is a full-line manufacturer of architectural, maintenance and OEM products for waterborne and solventborne industrial applications, including urethanes, epoxies and polyesters. It makes products for home, farm and industry, and has expanded its OPC Polymers operations by adding more monomer-modified, high-solids, water-reducible and compliant products to serve its market in the continental United States, Mexico and Canada. Specialty products are also distributed outside of North America.
Subsidiaries: OPC Polymers
Source: Website, published sources, personal contact
Number of Stores: 0
Manufacturing Plants: 1

27. Cloverdale Paint
Surrey, British Columbia Canada
604/596.6261
www.cloverdalepaint.com
Estimated 2003 North American Coatings Sales: 87 million
CEO/President: Wink Vogel
Cloverdale Paint, in business since 1938, manufactures and markets architectural and industrial-maintenance products in Canada for sale in the Pacific Northwest. Its products are sold through 65 company-owned stores and 20 dealer outlets in Washington, British Columbia, Alberta and Saskatchawan.
Subsidiaries: Northern Paint Canada, Inc. and Fargo Paint.
Notes: Thomas Braden, chairman of Rodda Paint Co., and Wink Vogel, chairman of Cloverdale Paint, announced that they have reached an agreement in principle to merge the two companies. Rodda employs 350 persons, operates 41 branches in Washington, Oregon, Northern Idaho and Alaska, and a manufacturing plant in Portland. Cloverdale employs 650 persons, operates 65 branches in Western Canada and Washington State, and four manufacturing plants in Canada. Business will be conducted under the Rodda name in the United States and under the Cloverdale name in Canada.
Number of Stores: 65
Manufacturing Plants: 3

28. H.B. Fuller Co., Global Coatings Div.
Oakdale, MN
651/236.3700
www.hbfuller.com
Estimated 2003 North American Coatings Sales: 85 million
CEO/President: Albert P. L. Stroucken
H.B. Fuller, founded in 1887, is a worldwide manufacturer and marketer of adhesives, sealants, coatings, and other specialty chemical products. Essentially only powder coatings are manufactured and marketed by the company in the United States. The company has a strong Latin American coating operation that supplies architectural and industrial coatings. In 2003, corporate sales were $1.287 billion, with an estimated $170 million of worldwide paint and coatings, and about $78 million sales in North America, primarily being powder coatings.
Subsidiaries: In Central America.
Source: 2003 annual report and 10K, and website information
Number of Stores: 0 in United States
Manufacturing Plants: 4

28. Tnemec Co.
Kansas City, MO
816/483.3400
www.tnemec.com
Estimated 2003 North American Coatings Sales: 85 million
CEO/President: Thomas Osborne
Tnemec Co., cement spelled backward, founded in 1921, specializes in coatings for new construction and maintenance. It specializes in and manufactures architectural and industrial coatings, from aliphatic acrylic urethanes to coatings formulated specifically for containment of the harshest solvents and chemicals. Tnemec is one of the leading suppliers for interior and exterior coatings for water storage tanks. The Chemprobe subsidiary manufactures water-repellent and stain products for concrete, masonry and wood.
Subsidiaries: Chemprobe Coating Systems, Inc.
Source: Website, company press releases and personal contact
Number of Stores: 0
Manufacturing Plants: 3

29. Vista Paints
Fullerton, CA
714/680.3800
www.vistapaint.com
Estimated 2003 North American Coatings Sales: 82 million
CEO/President: Eddie Fischer
Vista Paints, founded in 1960, is a manufacturer of high-quality paints and coatings for the architectural and industrial maintenance markets for sale through 46 company-owned stores in Southern California, Las Vegas and Sacramento, CA. Its customers include the professional painter and the D-I-Y consumer. The stores supply wallpaper, window coverings, and related painting supplies in addition to paint.
Source: Website and personal contact
Number of Stores: 46
Manufacturing Plants: 1

30. Chemcraft International
Winston-Salem, NC
336/723.1846
www.chemcraft.com
Estimated 2003 North American Coatings Sales: 70 million
CEO/President: David Rogers
Chemcraft, founded in 1977, manufactures coatings primarily for wood, kitchen cabinet, furniture, wood flooring and millwork manufacturers. Its products include nitrocellulose lacquers, waterborne finishes, polyester, polyurethane and UV coatings, as well as vinyl finishes.
Subsidiaries: Chemcraft acquired Alternative Materials Technology, which represents substantially all of the assets of Polymer Solutions, for $7.5 million.
Source: Website and personal contact
Number of Stores: 0
Manufacturing Plants: 4

30. Willamette Valley Co.
Eugene, OR
541/484.9621
www.wilvaco.com
Estimated 2003 North American Coatings Sales: 70 million
CEO/President: John R. Harrison
Willamette Valley Co. has been in business since 1952, serving the wood and wood products industries. Willamette produces a variety of synthetic patching products, primers, paints, sealers, adhesive extenders and coated abrasives. The Performance Coatings Division manufactures high-performance coatings and containment barriers for the utility, mining, petrochemical and transportation industries. The Eclectic Product, Inc., a subsidiary, produces wood fillers and waterborne stains and lacquers for the retail DIY and industrial wood products markets. Its products are sold throughout North America and in Europe, Asia and South America.
Subsidiaries: Eclectic Products, Inc., Canadian Willamette Industries
Source: Website and personal contact
Number of Stores: 0
Manufacturing Plants: 4

31. Rodda Paint Co.
Portland, OR
503.521.4300
www.roddapaint.com
Estimated 2003 North American Coatings Sales: 65 million
CEO/President: Thomas J. Braden
Rodda Paint Co. is the largest regional paint company in the Pacific Northwest. With a modern manufacturing facility in Portland, OR, and 41 paint stores in Washington, Oregon, Idaho and Alaska, the company provides consumers and contractors with superior products, exemplary service and local expertise. It also manufactures products for other companies.
Notes: Thomas Braden, chairman of Rodda Paint Co., and Wink Vogel, chairman of Cloverdale Paint, announced that they have reached an agreement in principle to merge the two companies. Rodda employs 350 persons, operates 41 branches in Washington, Oregon, Northern Idaho and Alaska, and a manufacturing plant in Portland. Cloverdale employs 650 persons, operates 65 branches in Western Canada and Washington State, and four manufacturing plants in Canada. Business will be conducted under the Rodda name in the United States and under the Cloverdale name in Canada.
Source: Website and personal contact
Number of Stores: 41
Manufacturing Plants: 1

32. Color Wheel Paint & Coatings
Orlando, FL
407/293.6810
www.cwpaint.com
Estimated 2003 North American Coatings Sales: 61 million
CEO/President: Donald K. Strube, Jr.
Color Wheel Paint & Coatings, started in 1960, manufactures and distributes architectural, commercial and industrial paints, coatings and related equipment and supplies, specifically for the Florida marketplace. The paint is sold through its own paint stores, located in Florida and Georgia.
Source: Website and personal contact
Number of Stores: 29
Manufacturing Plants: 1

33. Seibert Powder Coatings
Cleveland
216/631.2002
Estimated 2003 North American Coatings Sales: 58 million
CEO/President: Sam Rhue
Seibert Powder Coatings produces finishes primarily for the automotive industry. It also produces private-label products for the industrial, lawn and garden, architectural, and steel office furniture markets. The liquid coatings facility operates at the same location under the name NPA, Automotive. The company is affiliated with Nippon Paint of Japan and known as NPA Coatings, Inc.
Number of Stores: 0
Manufacturing Plants: 1

34. Coronado Paint Co.
Edgewater, FL
386/428.6461
www.coronadopaint.com
Estimated 2003 North American Coatings Sales: 55 million
CEO/President: Robert L. Hechler
Coronado manufactures and sells paint to independent paint and decorating dealers. It is owned by Wattyl, Ltd. of Australia. Its architectural and maintenance products are sold nationally through independent paint stores. It also manufactures and sells industrial coatings. Wattyl sales are about $326 million, with U.S. sales of $65 million.
Subsidiaries: Lenmar
Parent Company: Wattyl US, Ltd. of Australia
Source: Website, press release and personal contact
Notes: Sold Wasser High Tech Coatings in 2003.
Number of Stores: 0
Manufacturing Plants: 3

35. Samuel Cabot, Inc.
Newburyport, MA
978/465.1900
www.cabotstain.com
Estimated 2003 North American Coatings Sales: 50 million
CEO/President: John E. Schutz, President
Samuel Cabot Inc., founded in 1877, manufactures a broad line of quality exterior wood stains and surface-preparation products for both residential and commercial applications. It is one of the leaders in stain sales in the United States. The products are marketed nationally through independent paint stores, lumberyards, home centers and hardware stores, for use by builders and paint contractors, architects, interior designers and individual homeowners. A Western division is located in Union City, CA.
Source: Website and personal contact
Number of Stores: 0
Manufacturing Plants: 1

35. California Products Corp.
Andover, MA
978/623.9980
www.californiapaints.com
Estimated 2003 North American Coatings Sales: 50 million
CEO/President: Joseph Junkin
California Paints, founded in 1926, manufactures coatings for architectural, consumers and contractors. A new plant, office and laboratory facility were completed in 2001. California Products produces interior and exterior architectural paints.
Subsidiaries: Plexipave Sport Surfacing Systems, Deco Surfacing Systems, Fiberlock Technologies, Inc.
Source: Website and personal contact
Number of Stores: 0
Manufacturing Plants: 1

35. Insl-X Superior Coating Systems
Stoney Point, NY
845/786.5000
www.insl-x.com
Estimated 2003 North American Coatings Sales: 50 million
CEO/President: James A. Weil
Insl-X manufactures a broad range of industrial and high-performance coatings. Its products, all manufactured at one location, are marketed nationally through a network of distribution warehouses. It recently acquired Bruning Paint, giving them a strong architectural coatings base with a network of company-owned stores and dealers.
Source: Website and personal contact
Number of Stores: 3
Manufacturing Plants: 2

36. Columbia Paint & Coatings
Spokane, WA
509/535.9741
www.columbiapaint.com
Estimated 2003 North American Coatings Sales: 48 million
CEO/President: H. H. Larison
Columbia Paint and Coatings, in business since 1947, manufactures and supplies architectural and industrial coatings to DIY consumers and paint contractors in the Northwest and Mountain west area of the United States. It operates 36 retail-wholesale stores in N. Dakota, Montana, Oregon, Utah, Idaho, Washington and Alaska.
Source: Website, correspondence and personal contact
Number of Stores: 36
Manufacturing Plants: 2

36. Iowa Paint Manufacturing Co., Inc.
Des Moines, IA
515/283.1501
www.iowapaint.com
Estimated 2003 North American Coatings Sales: 48 million
CEO/President: Thomas Goldman
Iowa Paint, in business since 1933, is a regional paint and coatings manufacturer concentrating on a 19-state area of the upper Midwest. Its product line includes a full line of architectural coatings for consumer and contractor use. The products are also sold to industrial maintenance and industrial OEM markets. The company sells its products through 43 company-owned stores and through independent paint dealers. (This includes the 2003 acquisition of 11 stores from Sterling Paint in Arkansas.)
Parent Company: IPM Group
Source: Website and personal contact
Number of Stores: 43
Manufacturing Plants: 1

37. Aervoe Industries, Inc.
Gardnerville, NV
775/783.3100
www.aervoe.com
Estimated 2003 North American Coatings Sales: 42 million
CEO/President: David A. Williams
Aervoe Industries, Inc., is a manufacturer and marketer of lubricants, cleaners and coatings for industry. These products are packaged in liquid and pressurized containers, and are considered the professionals' tool of choice. The products include acrylic enamels in a wide choice of colors, formulated for industrial, commercial and institutional applications. The company has a distribution center in Nashville, TN. NAPP's Crown line of products expands their product lines sold across the United States.
Source: Website and personal contact
Number of Stores: 0
Manufacturing Plants: 1

38. Deft, Inc
Irvine, CA
949/474.0400
www.deftfinishes.com
Estimated 2003 North American Coatings Sales: 40 million
CEO/President: William A. Desmond
Deft, a 60-year-old business, produces a full line of professional quality, yet easy-to-use, interior wood stains and finishes and the finest commercial and military-specification primers and coatings.
Source: Website and personal contact
Number of Stores: 0
Manufacturing Plants: 2

38. Jones-Blair Co.
Dallas
214/353.1600
www.jones-blair.com
Estimated 2003 North American Coatings Sales: 40 million
CEO/President: Jerry D. Jones
Jones-Blair, founded in 1928, provides industrial coatings products and Neogard waterproofing, roofing, wall and floor coatings. Jones-Blair also produces resins for its operations.
Source: Website, press releases, personal contacts
Notes: Jones Blair sold its architectural business, including 27 stores, to Professional Paint in 2002.
Number of Stores: 0
Manufacturing Plants: 1

38. The Muralo Co., Inc.
Bayonne, NJ
201/437.0770
www.muralo.com
Estimated 2003 North American Coatings Sales: 40 million
CEO/President: James S. Norton
Muralo, founded in 1894, 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®, brush, patch and repair products.
Subsidiaries: Elder and Jenks Inc., Synkoloid, and Graham Paint and Varnish Co.
Source: Website and personal contact
Number of Stores: 0
Manufacturing Plants: 2

38. U.S. Paint Corp.
St. Louis
314/621.0525
www.uspaint.com
Estimated 2003 North American Coatings Sales: $40 million
CEO/President: John Duchardt
U.S. Paint specializes in the development and manufacture of advanced urethane, epoxy, high-solids and anti-fouling paints. The high-performance paints, varnishes and primers are sold to the marine, aviation and specialized industrial markets.
Source: Website and personal contact
Notes: U.S. Paint is a management-owned company, having bought the company back from NOF.
Number of Stores: 0
Manufacturing Plants: 1

38. United Gilsonite Laboratories
Dunmore, PA
570/344.1202
www.ugl.com
Estimated 2003 North American Coatings Sales: 40 million
CEO/President: Thomas White
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: Website and personal contact
Number of Stores: 0
Manufacturing Plants: 4

39. Magni Engineered Coatings
Birmingham, MI
248/647.4500
www.themagnigroup.com
Estimated 2003 North American Coatings Sales: 39 million
CEO/President: Tim Berry
Magni manufactures both solvent- and waterborne liquid coatings used for rust prevention on metal surfaces. Coatings are sold to coil coaters and other industrial manufacturers. The primary market for Magni Group's products is the automotive industry. In addition to selling coatings, the group also applies the coatings to automobile parts and fasteners. The coatings are sold internationally. It is the largest supplier of black coatings for mufflers in North America.
Subsidiaries: Magni Industries; Depor Industries; Anti-Friction Enterprises, Ltd of Canada; and Magni Europe, Paris, France
Parent Company: The Magni Group, Inc.
Source: Website and personal contact
Notes: Magni acquired Lackfabrik Dr. Schmid, a German manufacturer of specialty and industrial coatings, in 2003. Magni acquired GDCS, Inc., in 2003, a manufacturer of specialty coatings for brake and rotors and drums and exhaust systems and mufflers.
Number of Stores: 0
Manufacturing Plants: 2

40. Gemini Industries
El Reno, OK
405/262.5710
www.gemini-coatings.com
Estimated 2003 North American Coatings Sales: 35 million
CEO/President: Roger Woolery
Founded in 1964, Gemini Industries is an employee-owned company that manufactures and distributes an extensive line of coatings, aerosol products and touch-up materials for the architectural wood finishing market. A sophisticated line of high-performance coatings for cabinet makers, furniture finishers and refinishes represents 50% 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 to provide nationwide service.
Parent Company: Gemini Industries
Source: Website and personal contact
Number of Stores: 0
Manufacturing Plants: 2

40. Hentzen Coatings, Inc.
Milwaukee
414/353.4200
www.hentzen.com
Estimated 2003 North American Coatings Sales: 35 million
CEO/President: Albert Hentzen
Hentzen Coatings, founded in 1923, is a developer of advanced technology coatings for the industrial OEM and military markets. The company markets a wide range of industrial coatings, including waterborne, solvent-reducible and powder coatings.
Source: Internet and personal contact
Notes: Acquired the Aerospace coatings business of Adheron Coatings in 2003.
Number of Stores: 0
Manufacturing Plants: 1

41. Davis-Frost, Inc.
Lynchburg, VA
434/846.5277
www.davisfrost.com
Estimated 2003 North American Coatings Sales: 34 million
CEO/President: Calvin Henning
Davis-Frost is an industrial coatings manufacturer, marketing products throughout the United States and internationally. It also produces and markets architectural coatings in the Mid-Atlantic region through company-owned stores and dealers. Davis-Frost will focus on the industrial and architectural businesses in the eastern United States and its structural steel and railcar markets across North America, after the sale of its Midwest coatings business.
Source: Website and personal contact
Notes: Sold the Midwest industrial coatings business to Diamond Vogel. Includes assets in Minneapolis and Tulsa.
Number of Stores: 4
Manufacturing Plants: 3

42.Sigma Coatings USA
Harvey, LA
504/347.4321
www.sigmacoatings.com
Estimated 2003 North American Coatings Sales: 32 million
CEO/President: Marcel de Wolf
Sigma Coatings USA is a subsidiary of Total Fina Elf, a major international chemical company. Sigma Coatings USA sales are made to the industrial, marine, offshore and rail industries. It is a fully operational license holder of SigmaKalon technology.
Source: Website and personal contact
Notes: Total Fina spun off SigmaKalon to private investment firm, Bain Capital in 2003, but Sigma Coatings, USA, remains part of Total Fina Elf, and is a fully operational license holder of SigmaKalon technology.
Number of Stores: 0
Manufacturing Plants: 1

43. CFC International Inc.
Chicago Heights, IL
708/891.3456
www.cfcintl.com
Estimated 2003 North American Coatings Sales: 30 million
CEO/President: Roger F. Hruby
CFC International is a worldwide holography and specialty coated film company. The company designs, manufactures and markets chemically complex, multi-layer, transferable coatings and sophisticated holographic technologies. The coatings are not only decorative, but also provide invisible functionality, such as abrasion and chemical resistance. Total sales for 2003 were $63 million, with about 52% resulting from international operations.
Source: 2003 10K report, press releases and website
Number of Stores: 0
Manufacturing Plants: 1

43. INX International Ink Co.
Elk Grove Village, IL
847/981.9399
www.inxinternational.com
Estimated 2003 North American Coatings Sales: 30 million
CEO/President: Rick Clendenning
INX offers an extensive line of inks and coatings for all printing and packaging market segments of the graphic arts industry. It is a subsidiary of Sakata Inx Corp., a Japanese company. It sells overprint varnishes, aqueous coatings, UV/EB coatings and metal decorating coatings along with a full line of inks. INX is the third largest ink manufacturer in North America. Its total United States sales for 2003 were over $300 million, with coating sales estimated at 10% of the total. Worldwide sales were $1.1 billion.
Parent Company: Sakata Inx Corp.
Source: Website and personal contact
Number of Stores: 0
Manufacturing Plants: 30

43. Sheboygan Paint Co.
Sheboygan, WI
920/458.2157
www.shebpaint.com
Estimated 2003 North American Coatings Sales: 30 million
CEO/President: Brock Brownrigg, President
The Sheboygan Paint Co. was founded in 1921 to produce varnish for the wooden chair manufacturing industry. The company is family owned and has grown steadily over the years. Growth has been achieved through the development and adaptation of new coating technologies, as well as through merger and acquisition. Atomized Powder Coatings was formed in 2000 as a joint venture with Sentry Paint. Sentry Paint was acquired in 2003, to improve East Coast service of Sheboygan Paint.
Subsidiaries: Atomized Powder Coatings
Source: Website and personal contact
Number of Stores: 1
Manufacturing Plants: 3

43. Thermoclad Co.
Erie, PA
814/456.1243
www.thermoclad.com
Estimated 2003 North American Coatings Sales: 30 million
CEO/President: Alan I. Renkis, CEO, Michael Gashgarian, President
Thermoclad has produced coatings for industry since 1963. It is primarily a powder coatings manufacturer, supplying thermoplastic vinyl and nylon powders for the finishing industry. The powders can be applied by spray or fluid bed techniques. It has diversified into liquid coatings with high-solids and aqueous coatings.
Source: Website and personal contact
Number of Stores: 0
Manufacturing Plants: 3

44. Hempel Coatings (USA) Inc.
Conroe, TX
936/523.6000
www.hempel.com
Estimated 2003 North American Coatings Sales: 28 million
CEO/President: Mike Sinclair
The Hempel Group of companies was founded in 1915 in Denmark. Hempel Marine Coatings is one of the leading manufacturers of marine coatings. In addition, it produces container coatings (for shipping containers), yacht coatings, and industrial protective and maintenance coatings. Sales of the total paint group were $668 million in 2003. Hempel has recently built a new facility in Conroe, TX, doubling its capacity in North America.
Parent Company: Hempel's Marine Paints AS
Source: 2003 annual report, website, Internet information and personal contact
Number of Stores: 0
Manufacturing Plants: 1

45. McCormick Paints
Rockville, MD
301/770.3235
www.mccormickpaints.com
Estimated 2003 North American Coatings Sales: 27 million
CEO/President: J. Casey McCormick
McCormick Paints was founded in 1960 to manufacture and sell a full line of architectural paints for DIY consumers and contractors. These are sold through 21 company-owned stores and through independent paint dealers throughout the Mid-Atlantic region. Coatings are also produced for heavy-duty maintenance and traffic marking. McCormick Paints is the Mid-Atlantic Region distributor for DuPont industrial coatings. It has a GSA government contract and sells products overseas.
Source: Company correspondence, website and personal contact
Number of Stores: 21
Manufacturing Plants: 2

46. Daubert Chemical Co.
Chicago
708/496.7350
www.daubert.com
Estimated 2003 North American Coatings Sales: 26 million
CEO/President: Mike Dwyer
Daubert Chemical Co., founded in 1935, is an industrial coatings manufacturer. It specializes in corrosion-prevention coatings, industrial anti-skid coatings, sound-deadening coatings, specialty adhesives, as well as concentrate formulations to service the aerosol packaging industry. It primarily markets direct, with some distributors sales. It recently acquired adhesive and coating businesses from American Industrial Technology, Inc. Total sales for 2003 were $37 million.
Parent Company: Daubert Industries, Inc.
Source: Website and personal contact
Number of Stores: 0
Manufacturing Plants: 1

47. Eastern Chem-Lac Corp.
Malden, MA
781/322.8000
www.easternchemlac.com
Estimated 2003 North American Coatings Sales: 25 million
CEO/President: David Liebman
Eastern Chem-Lac is an industrial coatings manufacturer with a complete line of environmentally compliant coatings. It also provides conductive coatings for electronic enclosures, and sells Americoat powder coatings.
Subsidiaries: Doe and Ingalls, Inc.
Source: Website and personal contact
Number of Stores: 0
Manufacturing Plants: 1

48. Northwest Coatings Corp.
Oak Creek, WI
414/762.3330
www.northwestcoatings.com
Estimated 2003 North American Coatings Sales: 24 million
CEO/President: Jeff Holdsberg
Northwest Coatings, founded in 1970, manufactures waterborne and UV/EB coatings for industrial applications. All of Northwest's coatings are solvent-free and environmentally friendly.
Source: Website and personal contact
Number of Stores: 0
Manufacturing Plants: 2

48. Smiland Paint Co.
Alhambra, CA
323/222.7000
www.smiland.com
Estimated 2003 North American Coatings Sales: 24 million
CEO/President: Robert Smiland, CEO
Smiland Paint, founded in 1965, manufactures architectural paints and coatings sold through about 400 independent paint stores, home centers and hardware stores in 11 Western states. Its main brand is Morwear. It also has a Chinese office, and has a close and exclusive partnership with Microblend Technologies system.
Subsidiaries: Morwear
Source: Website and personal contact
Notes: Smiland sold the Conco brand and Midwestern business to Sherwin-Williams in 2003.
Number of Stores: 0
Manufacturing Plants: 1

49. Anchor Paint Manufacturing Co.
Tulsa, OK
918/836.4626
www.anchorpaint.com
Estimated 2003 North American Coatings Sales: 22 million
CEO/President: Chip Meade, CEO; Chuck Taylor, President
Anchor paint manufactures a full line of architectural enamels, varnishes, sealers and coatings, which are sold through its five stores and to dealers. In addition, the company has industrial maintenance and industrial OEM coatings for metal surfaces. It also produces customer-specific formulations.
Source: Website and personal contact
Number of Stores: 5
Manufacturing Plants: 1

50. United Coatings
Greenacres, WA
509/926.7143
www.unitedcoatings.com
Estimated 2003 North American Coatings Sales: 21 million
CEO/President: Keith Coultrap
United Coatings, founded in 1919, manufactures a wide range of elastomeric polymers, including 100% acrylic coatings, polyurethane, silicone and butyl-based polymers for use in roofing, architectural and industrial coatings. United Coatings' products are sold through a network of distributors and contractors worldwide.
Source: Website and personal contact
Number of Stores: 1
Manufacturing Plants: 2

The PCI 50 also appears as a regular feature on our website, www.pcimag.com, and is updated regularly. While the PCI staff made every effort to seek out the top companies in the industry, we may have inadvertently omitted some companies. We will be working throughout the year to continuously update this listing to ensure ongoing accuracy. If your company would like to be included in the PCI 50, please e-mail Kristin Johansson at johanssonk@bnpmedia.com.