Tim Sager has been named Director of Operations, responsible for all finishing operations and facilities,
and Luke Kroening has joined as Operations Manager of Paint Production.
Leon Hosier will partner with the sales team to provide technical support to existing and potential customers, troubleshoot and resolve any issues they face, and ensure their needs and expectations are met.
The residential and commercial polyurea concrete coatings company, headquartered in Wisconsin, announced its expansion into Boise, Idaho, and the surrounding areas.
As a non-executive Board Director, the former AkzoNobel CEO will provide valuable oversight, advice, and strategic guidance to the company's leadership.
At its Responsible Careand Sustainability Conference, the American Chemistry Council honored six member companies and one external organization with its 2024 Sustainability Leadership Awards.
Closing for the aquisition of the aftermarket coatings business is expected to occur in the third quarter, and is subject to regulatory approval and other customary closing conditions.
While the company saw a decline in revenue over sales generated in the same quarter of the previous year, the gross profit margin of 15.3%, was similar to Q1/2023.
The new report from Allied Market Research shows that economic growth, urbanization, and increasing construction activities continue to drive demand in flooring, furniture, doors, windows, and other architectural woodwork.
"We are excited to fully bring Momentive into the broader KCC Corporation and anticipate a positive impact with the ownership change as we shift from a private equity mindset to a more strategic and long-term approach," said Momentive President and CEO Sam Conzone, Ph.D.
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