5. RPM International Inc.
Medina, OH
330/273.5090
Chairman/CEO: Frank C. Sullivan
2022 Coatings Sales: $6.7 billion for fiscal year ended May 31, 2022
RPM owns subsidiaries that are world leaders in specialty coatings, sealants, building materials, and related services across four segments.
RPM’s Construction Products Group is comprised of businesses that manufacture construction sealants and adhesives, coatings and chemicals, roofing systems, concrete admixture and repair products, building envelope solutions, insulated cladding and concrete forms, flooring systems, and waterproofing solutions. They are used for construction, maintenance, and restoration of various industrial, commercial, and infrastructure applications. Leading brands include Tremco, Flowcrete, Euclid Chemical, Nudura, and Dryvit. The group’s products are sold to distributors, contractors, and end users over a large geographic footprint that spans approximately 130 countries and territories. The Construction Products Group generates about 37% of RPM’s net sales.
RPM’s Performance Coatings Group provides construction, maintenance, and restoration products, including high-performance flooring solutions, corrosion control and fireproofing coatings, fiberglass-reinforced plastic grating, drainage systems, and infrastructure repair systems for industrial and commercial use. Leading brands include Stonhard, Carboline, Fibergrate, and USL. Its products are sold worldwide to contractors and distributors, as well as directly to end users with a unique supply-and-apply model serving manufacturers, public institutions, and other commercial customers. The Performance Coatings Group generates approximately 18% of RPM’s total sales.
RPM’s Consumer Group includes businesses that make small-project paints and coatings, primers, caulks and sealants, hobby and craft products, wood stains and finishes, wall and wood repair products, and household cleaners and stain removers that are used by professionals and do-it-yourselfers for home maintenance and improvement. Leading brands include Rust-Oleum, DAP, Zinsser, and Varathane. Its products are marketed primarily in North America, with an increasing presence in Europe, Australia, South Africa, and South America. Sold through home improvement centers, hardware and paint stores, mass merchants, and craft shops, these brands can be found on nearly every garage or basement shelf throughout the United States and Canada. The Consumer Group generates approximately 33% of RPM’s net sales.
RPM’s Specialty Products Group is comprised of businesses that produce fluorescent pigments, wood stains, finishes and treatments, powder coatings, marine coatings, restoration and cleaning solutions, edible coatings, and other specialty OEM coatings. Leading brands include DayGlo, Legend Brands, Mohawk, and Pettit. Its products are marketed primarily in the United States, with a growing presence throughout Europe. They are sold to contractors and distributors, as well as directly to end users such as manufacturers, public institutions, and other commercial customers. The Specialty Products Group generates about 12% of RPM’s total sales.
Parent Company: RPM International Inc.
Notes: Recent acquisitions include TnD, J.W. Brett Inc., Wood Repair Products Inc., The Lutz Company’s panelization division, and Chryso North America’s cement grinding aids and additives.
In July 2022, RPM announced its MAP 2025 (Margin Achievement Plan) operational improvement initiative with the goals to achieve $8.5 billion in annual revenue, 42 percent gross margin and 16 percent adjusted EBIT margin on a run-rate basis by May 31, 2025.
Source: Company contact, Annual Report, press releases
