Paint manufacturer PPG has announced it will acquire Ennis-Flint, a global manufacturer of coatings, which has a background in pavement marking products. The deal was valued at approximately $1.2 billion and is expected to close within months, PPG says. “The …
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Spectrum Paint to Acquire Assets of Richard’s Paint Mfg.
Spectrum Paint Co. and members of the Richard family have announced plans to acquire the assets of Richard’s Paint Mfg. Co. in Rockledge, Florida. Spectrum, together with Eric Richard and Edward Richard Jr., will make up the ownership team of …
Read More »PPG Reports $3.7B in Q3 Net Sales
Pittsburgh-based paint manufacturer PPG has reported its third-quarter 2020 financial results, recording $3.7 billion in net sales, a 4 percent drop from the same period in 2019. Net income from continuing operations for PPG hit $442 million. Selling prices rose …
Read More »Benjamin Moore Selects 2021 Color of the Year
Paint manufacturer Benjamin Moore has selected Aegean Teal 2136-40 as its 2021 color of the year. The company says the blue-green hue integrates well with its Color Trends 2021 portfolio, which includes 11 other color options. “Amid uncertainty, people yearn …
Read More »Review 2020’s Most Active Home Improvement Product Categories
The 2020 Retail Selector Study from market research firms The Farnsworth Group and the Home Improvement Research Institute is a thorough overview of the current home improvement marketplace, packed with more than 300 pages on what’s motivating shoppers, where they’re …
Read More »How the Pandemic Is Spurring Home Paint Projects
Julie Elrod, business manager for paint at Ace Hardware Corp., took questions from Hardware Retailing about recent research the co-op released. Ace commissioned the survey of 1,300 Americans to see how COVID-19 has impacted consumer interest in paint projects. Hardware Retailing (HR): …
Read More »NRHA Expands Membership to Include Paint and Decorating Retailers
Beginning this fall, the North American Retail Hardware Association (NRHA) is officially broadening the reach of its membership to include independent paint and decorating store operators and will be changing the association’s name to reflect this evolution. Effective immediately, the …
Read More »True Value Readies Paint Facility to Produce Hand Sanitizer
True Value Co. is converting parts of its Cary, Illinois, paint manufacturing facility to produce hand sanitizer amid the COVID-19 pandemic COVID-19 pandemic. True Value owns one of the largest paint manufacturing facilities in the country, producing millions of gallons …
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