Gehring Montgomery, with its strong presence and established relationships in the industry, is well-positioned to support CHT’s growth objectives in the U.S. market.
"While global industrial and manufacturing activity remains sluggish, we are encouraged by recent trends reflecting improved demand and higher average sales price for most major products," said Albert Chao, Executive Chairman.
As the successor to Zenith, Cerulean™ brings the ‘best of both worlds’ to distributors and OEMs, with a luxurious finish that offers the feel of solvent-based solutions.
"Our balance sheet is strong, and we will remain disciplined in our approach to allocating capital to strengthen our company for the long-term and return cash to shareholders," said Peter R. Huntsman, President and CEO.