The PCI 25
1. PPG Industries Inc. |
Pittsburgh www.ppg.com |
Coatings Sales: Approx. $10.89 billion |
2. Sherwin-Williams Co. |
Cleveland www.sherwin-williams.com |
Coatings Sales: Approx. $6.57 billion |
3. DuPont Coatings & Color Technologies Group |
Wilmington, DE www.dupont.com |
Coatings Sales: $4.3 billion |
4. The Valspar Corp. |
Minneapolis www.valsparpaint.com |
Coatings Sales: $3.70 billion |
5. RPM International Inc. |
Medina, OH www.rpminc.com |
Coatings Sales: $2.5 billion |
6. Behr Process Corp. | |
Santa Ana, CA 714-545-7101 www.behr.com |
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CEO/President: Jeff Filley | |
Coatings Sales: Approx. Approx. $1.67 billion | |
Masco’s Decorative Architectural Products segment includes Behr Process Corp. and Masterchem Industries, LLC. A leader in the DIY market with The Home Depot, Behr also provides Behr Premium Select paint for professional application through Masco Contractor Services. Masterchem Industries sells under the brand names of Kilz®, Casual Colors®, Expressions®, Hammerite® and others. These brands are sold through big-box stores, national retailers, paint and hardware stores, and distributors. | |
Parent Company: Masco Corp. | |
Source: Masco Corp. SEC filing |
7. Comex Group | |
Mexico City |
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CEO: Marcos Achar | |
COO, Mexico Div.: Leon Cohen | |
Coatings Sales: $1.43 billion | |
Comex Group was formed with the consolidation of Comex, Color Wheel, Frazee, General Paint, Kwal, Parker and Duckback. In addition to architectural paints, Comex manufactures industrial coatings, roof coatings, wood-care products and aerosols. | |
Source: Company contact | |
Notes: In 2011, Comex acquired Laurentide in East Canada |
8. Benjamin Moore & Co. |
Montvale, NJ 201-573-9600 www.benjaminmoore.com |
President/CEO: Denis Abrams |
Coatings Sales:Approx. $700 million (PCI estimate) |
Benjamin Moore repeated its ranking as highest in customer satisfaction with interior paint in the J.D. Power and Associates 2012 Interior Paint Satisfaction StudySM and received the Green Good Housekeeping Seal in the Paint and Coatings category for its Natura in flat, eggshell and semigloss finishes. In June 2012, Bob Merritt replaced Denis Abrams as CEO. |
Parent Company: Berkshire Hathaway Inc. |
Source: Company Web site, company contact |
9. Ennis Paint Inc. | |
Ennis, TX |
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Chairman: W. Bryce Anderson | |
Coatings Sales: $447 million | |
Ennis Paint Inc. continues a long history of pavement markings that date back to the 1960s. Ennis Paint is a world leader in both traffic paint and thermoplastics. | |
Source: Company contact | |
Notes: In May of 2011, Ennis Traffic Safety Solutions announced that its traffic paint products had been approved for sale and distribution by the Mexican government. |
10. Dunn-Edwards Corporation |
Los Angeles 323-771-3330 www.dunnedwards.com |
CEO: Kenneth N. Edwards |
President/COO: Karl Altergott |
Coatings Sales:Approx. $385 million (PCIestimate) |
Dunn-Edwards operates 108 stores in five western states: California, Arizona, New Mexico, Nevada and Texas. It is a manufacturer and supplier of architectural and industrial coatings, providing a line of paints and professional painting supplies. The company caters to architects, designers, painting contractors, homebuilders and property managers in the Southwest. It also serves do-it-yourselfers, although professionals account for a majority of sales. |
Source: Company Web site, press releases |
Notes:In April of 2012, Dunn-Edwards introduced zero-VOC colorants, which perform the same as their high-quality conventional colorants but with no added VOC solvents, allowing zero-VOC paint to remain truly zero VOC even when tinted to the deepest colors. |
11. Kelly-Moore Paint Co., Inc. | |
San Carlos, CA |
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President/CEO: Steve DeVoe | |
Coatings Sales: $255 million | |
Kelly-Moore is one of the largest employee-owned paint companies in the United States and has been in business since 1946. Kelly-Moore operates 141 company-owned stores in Arkansas, California, Idaho, Nevada, Oklahoma and Texas. It will be adding a number of new stores in 2012-2013, with the majority of neighborhood locations opening in Northern California. In 2011, Kelly-Moore Paints continued to work closely with independent paint retailers, increasing its dealer network to over 160 stores nationwide. Kelly-Moore Paints also enjoyed continued success distributing its coatings overseas. |
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Source: Company contact |
12. TIGER Drylac U.S.A., Inc. | |
St. Charles, IL |
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CEO: Larry McNeely | |
Coatings Sales: $250 million | |
TIGER is ranked the fifth-largest powder manufacturer in the world with sales of over $235 million and more than 1,000 employees. It offers the largest selection of top-of-the-line powder coatings in every type of chemistry, serving among others the architectural, automotive, lighting and furniture industries. The U.S. operations were established in 1984. Today, the company ships from six strategic distribution centers. The company’s North American production network includes three facilities in the United States, in California, Illinois and Pennsylvania. | |
Source:Company contact |
13. Cloverdale Paint Inc. | |
Surrey B.C., Canada |
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CEO: C.A. (Al) Mordy | |
Rodda Paint Co. | |
800-242-3713 Portland, OR www.roddapaint.com |
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COO: Bill Boone | |
Coatings Sales: $228 million (combined) | |
Cloverdale Paint Inc. and its subsidiaries, Rodda Paint Co., Fargo Paint & Chemicals Inc., and Guertin Coatings, Sealants & Polymers Ltd., operate through 112 corporate-owned locations covering western Canada as well as Washington, Oregon, Idaho, Montana and Alaska. The companies manufacture architectural paint, and industrial and marine coatings along with certain powder coatings, specialty resins and sealant products. Combined markets include sales to a wide variety of professional, commercial, residential, industrial, marine, private-label and DIY customers as well as a network supporting Cloverdale Paint and Rodda Paint independent dealers throughout the Pacific Northwest region. | |
Source: Company contact, company Web site |
14. Nippon Paint U.S. Subsidiaries |
Coatings Sales: $200 million (combined) |
NB Coatings Inc. |
Lansing, IL 708-474-7000 www.nbcoatings.com |
CEO: Hidefumi Morita |
A subsidiary of Nippon Paint Co., NB Coatings is the leading supplier of liquid coatings for plastic automotive parts in North America. It provides a complete line of custom coatings for fascia, exterior trim, interior trim and lens applications. |
NPA Coatings Inc. |
Cleveland 216-651-5900 |
President: Hidefumi Morita |
NPA Coatings manufactures and sells powder coatings, automotive-body coatings, pretreatment chemicals and transit film to customers in the general industrial and automotive markets. |
Source: Company contact |
15. Whitford Corp. |
Elverson, PA 610-286-3500 www.whitfordww.com |
President: David P. Willis, Jr. |
Coatings Sales: Over $180 million |
Founded in 1969, Whitford Corp. has dedicated itself to nonstick coatings for the industrial and consumer markets, later expanding to rubber, textiles, rope and cordage, and other markets. Whitford’s first international venture took place in 1971 with the opening of Whitford Plastics Ltd. in the north of England. Current products include: Xylan®, Xylac®, Dykor®, Xylar®, Ultralon®, Excalibur®, Eterna®, HALO®, Eclipse®, QuanTanium®, Quantum2®, Fusion®, PFA+ and others. Whitford has global manufacturing facilities, including sites in Brazil, Italy, the UK, India, China, Singapore, and Elverson, PA. With the acquisition of Polymeric Systems Inc. in mid-2004, its portfolio expanded to include a wide variety of adhesive products sold throughout the world to retail, consumer and industrial markets. In 2006, Whitford purchased Alpha, a leading manufacturer of specialty coatings for the automotive industry. Then, in 2009, Whitford acquired Akzo Nobel Nonstick Coatings on a worldwide basis. |
Source: Company contact |
Notes: In January 2011, Whitford purchased HP Polymers, a leading Canadian manufacturer of a variety of polymer resins. In April 2011, the company opened its ninth factory in Bangalore, India. Manufacturing at the site will concentrate primarily on coatings for consumer products, along with a few specialized industrial applications. |
16. Vogel Paint, Inc. |
Orange City, IA 712-737-8880 www.vogelpaint.com |
President/CEO: Drew F. Vogel |
Coatings Sales: $145 million |
Vogel Paints was established in 1926 as a manufacturer of barn paints and creamery maintenance enamels. It entered the liquid industrial coatings market in the 1950s and began to build a fleet of company stores selling architectural paints and heavy-duty maintenance coatings in the 1970s. The company formed the Peridium Powder Coatings division in 1998 and built a new powder coatings production facility in 2003. Today, the company operates over 70 company stores and seven manufacturing plants and distribution centers in 13 states. |
Source: Company contact |
Notes: In May 2011, Diamond Vogel announced a partnership with Sciessent, creator of the silver-based antimicrobial brand Agion®, to offer the Peridium® Powder Coatings line. The new Peridium line brings the quality and durability that industrial customers have found synonymous with the Vogel name with the added benefit of Agion antimicrobial product protection. Also in 2011, the company acquired Fasse Paint and Coatings, Sheboygan Falls, WI, a distributor and manufacturer of industrial wood coatings and stains. |
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19. Tnemec Co., Inc. |
Kansas City, MO
800/863.6321
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CEO/President: Peter Cortelyou |
Coating Sales:$125 million |
Tnemec Co. manufactures more than 100 architectural and industrial coatings, from premium epoxies and polyurethanes to specialized fluoropolymer products, formulated specifically for extreme durability, enduring performance and enhanced aesthetics. Tnemec is a leading supplier of high-performance coatings for water tanks, treatment plants and industrial facilities. Tnemec’s StrataShield brand consists of resinous floor and wall coatings. The company’s Chemprobe subsidiary offers water-repellant and stain products for concrete, masonry and wood. |
Subsidary: Chemprobe Coating Systems |
Source:Company contact |
Notes:In April of 2012, Tnemec introduced the first thermal insulating coatings featuring Enova® aerogel by Cabot Corp. Series 971 Aerolon Acrylic and Series 975 Aerolon Epoxy are fluid-applied, high-build coatings that resist high operating temperatures when spray-applied to piping, tanks, valves or other steel substrates in industrial facilities such as refineries and processing plants. |
Oakbrook, IL
630/990.6600
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CEO/President:Ray A. Griffith |
Chairman of the Board:Dave Ziegler |
Coatings Sales:$120 million |
Ace Hardware is the largest retailer-owned hardware cooperative in the industry. Ace manufactures a full assortment of paints, stains, primers and light-industrial products. All Ace Paint-branded products are produced in one of two facilities owned and operated by the Ace Paint Division. Both facilities are located in the south suburbs of Chicago, IL, and are ISO 9001 (quality management) and ISO 14001 (environmental management) certified. |
Source:Company contact, press release |
Notes: In 2011, Ace Paint, a division of Ace Hardware Corp., announced the launch of Clark+Kensington™ – a premium line of interior and exterior paint+primer in one – that eliminates the need to prime and paint surfaces separately. Clark+Kensington, available only at Ace stores and produced at Ace’s two manufacturing facilities, features 120 new colors in its exclusive color palette that perfectly harmonize together.
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21. Yenkin-Majestic Paint Corp. |
Columbus, Ohio 614-253-8511 www.majicpaints.com www.yenkin-majestic.com www.opcpolymers.com |
President: Jonathan M. Petuchowski |
COO: Andrew O. Smith |
Coatings Sales: $115 million |
Yenkin-Majestic is a vertically integrated manufacturer of coatings and resins. Its full line of architectural paints includes interior and exterior products and a variety of specialties, including a complete farm program, low-VOC oil-based floor paints and a unique acrylic enamel line (Diamond Hard). Its industrial division manufactures waterborne and solventborne products, including urethanes, epoxies and polyesters. Its OPC Polymers operations serve the United States, Canada and other markets, with expansion by the acquisition of SI Group-Canada Ltd. and the addition of new co-polymers. Product categories include alkyds, oil-modified urethanes, monomer-modified combinations, high solids, water reducibles, alkyd dispersions and emulsions, epoxy esters, and VOC-compliant vehicles. |
Source: Company contact |
22. ELANTAS PDG Inc. |
St. Louis, MO 314-621-5700 www.elantas.com |
President/CEO: Susan W. Graham |
Coatings Sales: $100 million |
ELANTAS PDG Inc. is a premier supplier of specialty polymers for the electrical and electronic industries. The key products of ELANTAS PDG include magnet wire enamel, insulating varnishes and encapsulating resins. It also produces tubing and sleeving varnishes, pultrusion resins, laminating resins, adhesives, and conformal coatings. |
Parent Company: ALTANA, AG, of Germany |
Source: Company Web site, press releases, company contact |
Milwaukee, WI
414/353.4200
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CEO/President:Albert Hentzen |
Coatings Sales:$90-100 million |
Hentzen Coatings, founded in 1923, is a developer of advanced-technology coatings for the industrial OEM, aerospace and military markets. The company markets a wide range of industrial coatings, including waterborne, solvent-reducible and powder coatings. |
Source:Company contact |
Notes:In October 2010, Hentzen acquired the assets of Axon Products Inc., a leader in aerospace and specialty coatings products. Axon now operates as a division of Hentzen and is known as AXONHENTZEN. |
24. California Products Corp. |
Andover, MA 978-623-9980 www.californiapaints.com |
President/CEO: Peter Longo |
Coatings Sales: $84 million |
California Paints manufactures coatings for architectural, consumers and contractors under the brand names California Paints and California Performance Coatings. California Products Corp. produces interior and exterior architectural paints, and light industrial and recreational surface coatings. |
Source: Company contact, Web site |
Notes: In 2012, California Products Corp. launched Storm System, a new division of exterior stains and finishes. National distribution of Storm System will be in place during 2012. In August 2009, California Products Corp. acquired the customer base and certain assets of Progress Paint Manufacturing Co. The acquisition included certain Progress Paint brands and product lines including Gray Seal®, Fixall®, Duralux® Marine and other associated lines. |
25. True Value Co. |
Chicago 773-695-5000 www.truevaluecompany.com |
President/CEO: Lyle G. Heidemann |
Coatings Sales: Approx. $80 million |
True Value Co. manufactures exclusive paint brands for its retail identities as well as private-label brands for third-party accounts. Paint is manufactured under the EasyCare and Weatherall brands in Cary, IL, and distributed nationally to its core hardware stores. True Value, headquartered in Chicago, is one of the world’s largest retailer-owned wholesale hardware cooperatives, with sales of $1.9 billion in 2011. The True Value cooperative includes approximately 4,650 independent retailer locations worldwide operating under the store identities of True Value, Grand Rental Station, Taylor Rental, Party Central, Home & Garden Showplace and Induserve Supply. |
Source: Company contact |
Honorable Mentions:
Vista Paints |
Fullerton, CA
714/680.3800
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CEO/President: Eddie Fischer |
Coatings Sales:$75-100 million |
Vista Paints, founded in 1960, is a manufacturer of high-quality coatings for the architectural and industrial-maintenance markets for sale through company-owned stores throughout California and Nevada. Its customers include the professional painter and the DIY consumer. The stores supply wallpaper, window coverings and related painting supplies in addition to paint. |
Source: Company contact |
El Reno, OK
405/262.5710
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CEO/President:David Warren |
Coatings Sales:$48 million |
Founded in 1964, Gemini Industries is an employee-owned company that manufactures and distributes an extensive line of coatings, aerosol products and touchup materials for the architectural wood-finishing market. A sophisticated line of high-performance coatings for cabinet makers, furniture finishers and refinishes represents 50 percent of sales. It also manufactures a line of EPA-registered wood preservatives and related products for use on exterior decks, siding and fences. Gemini has five plants and distribution facilities that provide nationwide service. |
Parent Company:Gemini Industries |
Source: Company contact |
/PCI25
COO: | Andrew O. Smith |
Tampa, FL
813/367.4444
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President:Michael Hyer |
Coatings Sales: $35 million |
Sun Paints & Coatings is a family owned company that has produced an array of architectural and light industrial coatings since 1971. Headquartered in Tampa, FL, the company’s products are distributed nationally and globally through private-label partners, a vast network of dealers, and direct to contractors through the company’s own chain of Sun Paints and Coatings stores. In early 2011, the owners of Sun bought Dyco Paints Inc., a local Florida-based competitor that had been operating since the 1973. The company also started up production toward the end of 2011 on its new 100,000-square-foot manufacturing facility located in Phoenix, AZ. Sun prides itself on being on the forefront of coatings technology by investing heavily in R&D. |
Source:Company contact, company Web site |
Memphis, TN
90l/526.2211
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President:John A. Ward Jr. |
VP Sales and Marketing:Anthony Ward |
Coatings Sales:$29.67 million |
Farrell-Calhoun manufactures architectural and industrial-maintenance coatings. The company has distribution throughout the Mid-south and Southeast through 32 company-owned stores and a network of 100 dealers. |
Source:Company contact |
Bayonne, NJ
201/437.0770
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President:James S. Norton |
Coatings Sales:$18 million |
Muralo manufactures a line of architectural coatings sold through independent paint stores. With manufacturing located across the United States, Muralo can supply its customers nationally. Muralo also offers Spackle® spackling compound and brush, patch and repair products. |
Subsidiaries: Elder and Jenks Inc., Synkoloid, and Graham Paint and Varnish Co. |
Source:Company contact |