The Sherwin-Williams Company (NYSE: SHW) and The Valspar Corporation (NYSE: VAL) today announced that they have extended the termination date of the definitive agreement under which Sherwin-Williams will acquire Valspar for $113 per share in an all-cash transaction, from March 21, 2017 to June 21, 2017.
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Linetec continues to expand capacity and add new jobs to support the market’s increased demand for high-quality finishes and high-performance architectural metal products. Part of the latest job growth is a $3 million investment to double the capacity of the thermal services department.
Read MorePPG confirmed that it made an attractive and comprehensive proposal to Akzo Nobel N.V. on March 2, 2017, inviting AkzoNobel to enter into negotiations with PPG on a potential transaction to form a combined company, which AkzoNobel rejected.
Read MoreClarkDietrich Building Systems announced the impending retirement of its president and CEO Bill Courtney. Courtney, who has been at the helm of ClarkDietrich, since its formation in 2011, and prior to that with ClarkWestern, will step down March 31, 2018, after which time he will continue to serve the company in a role on its board of directors.
Read MoreThe PPG coil and building products – exterior coatings group will exhibit its full complement of DURANAR®, DURASTAR® and DURAFORM® coatings at the 2017 Frame Building Expo in Nashville, Tennessee, March 8-10.
Read MoreDECRA® Roofing Systems, Inc., the company that invented the stone-coated steel roofing category and remains its leading manufacturer, is celebrating 60 years of excellence in successfully protecting residential and light commercial projects.
Read MoreAccella Polyurethane Systems LLC has agreed to purchase certain assets of the North American spray polyurethane foam (SPF) business located in Spring, TX, from Covestro LLC. The sale is scheduled to be completed in the second quarter of 2017. Financial terms have not been disclosed.
Read MorePPG has donated more than 9,300 gallons (about 35,200 liters) of its paint and coatings, and provided more than $1.5 million in funding, for nearly 70 projects completed since the program’s launch in 2015. Additionally, more than 3,400 PPG and community volunteers have donated around 17,400 volunteer hours to help brighten communities by painting, repairing, cleaning and helping in other ways. To date, the program has positively impacted more than 1.8 million people in 20 countries.
Read MoreVitro Architectural Glass (formerly PPG Glass) has selected its Wichita Falls plant to be the site of a new jumbo magnetron sputtered vacuum deposition (MSVD) glass coater, expected to be the largest of its kind in North America.
Read MoreFirestone Building Products Company, LLC announced today that it has reached a definitive agreement to acquire Gaco Western, a leader in innovative silicone roofing systems and provider of top-tier waterproofing and spray foam insulation solutions for a variety of commercial and residential applications.
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