Alcro-Beckers AB, part of the Finnish Tikkurila that is responsible for Kemira’s paint and coatings business, has signed an agreement to acquire a 100-percent stake of the shares in the paint store Färgglädje Måleributiken AB (Måleributiken) in Alvik, Stockholm, Sweden, from its owner Lars Andersson.
Nordson Corp., Westlake, OH, has invested nearly half a million dollars in global upgrades to its industrial coating customer demonstration labs in 2008.
In response to the current economic climate, The Dow Chemical Co. has announced it will eliminate approximately 5,000 full-time jobs, close 20 facilities in high-cost locations and divest several non-strategic businesses.