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News (37)


Wage Theft at Home in Construction

AMHERST, MA—It's not fraud; it's a new business model.


AkzoNobel Cuts Paper Chemicals

AMSTERDAM—AkzoNobel has finalized a €153 million ($170.4 million USD) divestment of its paper chemicals business to Kemira Oyj, the Netherlands-based company announced Monday (May 4).


PPG Q1: 'Modest' Sales, 'Subdued' Times

PITTSBURGH—Flattened sales growth and an unfavorable currency translation hit hard, but earnings climbed for PPG Industries in the first quarter of 2015, the company reported Thursday (April...


Access Companies Strike $251M Deal

A multinational deal now underway will create an industrial access, insulation and corrosion-protection giant with the reach of 17,000 employees across Europe and the Middle East.


Jotun's Ad Boasts Draw Sanctions

Jotun Pakistan's blanket marketing claim of being "No. 1 in Paints" has again drawn the wrath of that country's antitrust agency, which has ordered the coating maker to drop the boast and pa...


Permasense Moves into North America

Permasense, a global manufacturer of remote pipeline monitoring technology, has opened its first North American office in Houston, TX.


$1M Embezzlement to End in Prison

A former Ennis Paint executive has been sentenced to four years and five months in prison for stealing more than $1 million from the pavement coatings manufacturer.


CA Prevails on Paint Recycling Rules

U.S. coating makers have lost a two-year legal fight to block California from imposing detailed reporting requirements on the industry's paint recycling program.


Construction Set to Fill 225k+ Jobs

Construction firms from Los Angeles to London will be posting "Help Wanted" signs by the hundreds of thousands in the years ahead, according to two new job forecasts.


Concrete Maker's Plea Averts Prison

The owner of an asphalt company who doctored the scene of his employee's fatal accident will pay $20,000 in fines and restitution to the victim's widow, but avoid a jail sentence, under a fe...


2014 Coated in Success at Valspar

The Valspar Corp. is giving thanks this week for its coatings segment, where booming sales of general industrial, coil and other coatings helped deliver record results for 2014.


AkzoNobel Probes Chicago Fraud

AkzoNobel says it has been the victim of up to $66.5 million in "external fraud" at its Chicago office.


PPG Wraps Up Comex Purchase

PPG Industries' speedy acquisition of Mexico's largest paint and coatings maker is a done deal.


Review of PPG-Comex Deal Extended

PPG Industries will wait a bit longer for Mexico's decision on the company's $2.3 billion bid to take over that country's largest paint and coatings maker.


PPG Cuts Ribbon on New HQ

Working to keep pace with its ballooning architectural coatings business, PPG Industries has opened a new North American headquarters facility.


AkzoNobel Joins ‘100 Cities’ Effort

Building on its own Human Cities urban renewal campaign, AkzoNobel has now thrown its support behind 100 Resilient Cities, a new global project of The Rockefeller Foundation.


Backlash Stalls OSHA Reporting Rule

Widespread employer concern over the public reporting of workplace injuries and illnesses has prompted U.S. regulators to rethink the plan.


Sherwin-Williams Sued over Failed Deal

Mexico’s largest coatings producer has filed suit against Sherwin-Williams, blaming the Cleveland paint maker for the implosion of its plan to buy the Latin American supplier, Reuters report...


DBE Fraud Costs Company $2.4M

A construction contractor will pay $2.4 million for faking a disadvantaged-business requirement in order to win a $39.6 million contract in Connecticut, the FBI announced Monday (April 7).


Sherwin-Williams Drops Comex Quest

Twice denied a regulatory blessing, the largest paint retailers in the U.S. and Mexico have finally broken off their $2.34 billion engagement.


Tesla Announces $50M Investment

Protective coatings maker Tesla NanoCoatings says it is poised for significant growth with a new "strategic partnership" and major investment by a Korean chemical firm.


3rd CEO in 2 Years Joins Ben Moore

Paint maker Benjamin Moore & Company has appointed a career retailing executive as its third CEO in two years.


AkzoNobel Plans Global Restructuring

Having wrapped the sell-off of major segments of its architectural coatings division, AkzoNobel has announced plans to aggressively reorganize and streamline the rest of the business by the ...


AkzoNobel, PPG Growing Outside U.S.

PPG Industries and AkzoNobel will invest more than $125 million in new coating manufacturing facilities in Russia and China to expand production in those regions, the companies have announce...


Another CEO Fired at Benjamin Moore

For the second time in 15 months, Warren E. Buffett has abruptly canned the head of his paint and coatings business.


Firms Plan Industrial Services Giant

Diversified global industrial company Harsco Corp. has announced the $300 million sale of its Infrastructure division into a $3 billion joint venture that will combine the business with Bran...


Coatings, Markets Dim Valspar’s Outlook

Sluggishness in industrial coatings and international markets led the Valspar Corp. to reduce its annual earnings guidance Tuesday (Aug. 13) in the wake of a disappointing third quarter.


Court Battle Pits Elcometer, TQC-USA

Global coatings instrument maker Elcometer Inc. is locked in federal-court litigation with a former employee and distributor over allegations of unlawful marketing tactics designed to steal ...


ASA Advises Contractors on ‘Obamacare’

Subcontractors who must soon navigate the complex dictates of the new federal health-care law have a new guide from the American Subcontractors Association.


ACA Fights Customer Disclosure Plan

What's more important: the privacy of a customer list or the possible need to reach those customers about product dangers?


‘Pay to Play’ Charges Threaten Projects

The future of some public-works and other major construction projects in the Northeastern U.S. is uncertain following the indictment of a New Jersey engineering firm and seven executives in ...


2 Coating Company Owners Get Prison

Two owners of a western Pennsylvania powder coating company have been sentenced to federal prison for bilking investors out of $1.4 million.


ITW Polymers Coatings Opens New Plant

ITW Polymers Coatings North America has announced the grand opening of its newest manufacturing plant, in Houston, TX.


Sherwin-Williams Absorbs Leighs Name

After 153 years, Leighs Paints is no more. The U.S.-based Sherwin-Williams Company, which bought the long-independent UK coatings producer in 2011, has announced that it has officially folde...


Evonik Degussa Corp. Trims Name

Specialty chemicals maker Evonik Degussa Corporation has dropped "Degussa" from its name and is now operating as Evonik Corporation.


UK Axes AkzoNobel's Can Coatings Deal

Britain's Office of Fair Trading has blocked AkzoNobel's proposed acquisition of Metlac Holding, ruling that the deal would substantially reduce competition in metal coatings for beer and be...


Protective Coatings Centers Launched

International Paint LLC, an AkzoNobel company, has announced the opening of Protective Coatings Centers across the U.S. and Canada.


 
 
   

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