The change reflects the company's evolution, while maintaining its core identity and commitment to excellence in custom-engineered, energy-cured coating solutions.
"The pace of the global macroeconomic recovery has been slower than expected. We remain focused on working capital, reducing costs, and matching our operating rates to current demand," said Jim Fitterling, Chair and Chief Executive Officer.
The partnership with Tnemec will further strengthen Cloverdale Paint's leadership role in heavy-duty industrial coatings and reinforce one-stop customer solutions.
The collaboration between Kurita America and Solugen will provide innovative solutions that introduce high-performing, bio-based substitutes to phosphorus- and other petroleum-derived additives currently on the market.
The new Director will oversee the support and expansion of the company’s industrial product portfolio, focusing on critical areas such as liner coatings for primary and secondary containment, CUI solutions, and other specialized offerings.