Paint and coatings manufacturer PPG Industries, Pittsburgh, has reported fourth-quarter 2012 net sales of $3.6 billion and record fourth-quarter adjusted earnings per share of $1.53, up 10 percent versus 2011.
The Protech-Oxyplast Group, Montreal, Canada, has reached an agreement to purchase the powder coating business and manufacturing assets of Innotek Powder Coatings, Big Spring, TX.
The Valspar Corp., Minneapolis, announced a long-term strategic supply relationship with Ace Hardware Corp., Chicago, under which Valspar will manufacture and supply Ace-branded paint products as well as make a comprehensive line of Valspar-branded paints available to more than 4,000 Ace retail locations in the United States.
Paint and coatings manufacturer AkzoNobel, Amsterdam, the Netherlands, has agreed to sell its North American Decorative Paints business to PPG Industries Inc. (PPG), Pittsburgh, for $1.05 billion.
PPG Industries has received a $1.5 million award from the federal government’s Strategic Environmental Research and Development Program (SERDP) to develop a chemical-agent-resistant coating (CARC) in powder form for use on military vehicles and support equipment.
Paint and coating manufacturer Kelly-Moore Paint Co. Inc., San Carlos, CA, has selected Locus Technologies' ePortal™ platform to provide a comprehensive, integrated system for environmental compliance and safety management throughout the corporation's facilities.
The Board of Directors of Valspar Corp. has declared a quarterly dividend of 23 cents per share, payable December 28, 2012, to all common stockholders of record on December 17, 2012.
