Coatings World - July 2009

07

RPM International Inc. Medina, OH/USA www.rpminc.com

PUBLIC COMPANY
HEADCOUNT: 10,360
YEAR ESTABLISHED: 1947
COATINGS/ADHESIVES/SEALANTS REVENUES:
$3.643 billion
TOTAL REVENUES: $3.643 billion

SEGMENT BREAKDOWN

• Industrial Segment: 63%

• Consumer Segment: 37%

KEY PEOPLE

Frank C. Sullivan, chairman and CEO; Ronald A. Rice, president and COO; P. Kelly Tompkins, executive VP-administra-tion and CFO; Key managers: John J. McLaughlin, DAP; Thomas E. Reed, Rust-Oleum; Charles G. Pauli, RPM II; Randall J. Korach, Tremco; David P. Reif, StonCor.

RPM International Inc. is a multinational holding company with subsidiaries that manufacture and market various specialty chemical product lines including paints, protective coatings, roofing systems, sealants and adhesives for the maintenance and improvement of industrial and consumer markets. Globally, these markets generate approximately $200 billion in annual sales, with RPM capturing $3.6 billion in fiscal 2008. Sixty-five percent of sales were generated from industrial product sales worldwide and the remaining 35% from consumer product sales, mainly in North America.

Including sales of both industrial and consumer products North America makes up 74% of sales; Europe 21%; South America 2%; Africa/Middle East 2%; and Asia/New Zealand/Austria 1%.

Through its subsidiaries, RPM holds leading positions in many of the markets it serves. In the industrial segment Tremco is No. 1 in the North American high-end institutional roofing market and No. 2 in the North American sealants market. Stonhard is the No. 1 global supplier of industrial, high-performance polymer flooring systems. Carboline is the No. 1 U.S. supplier and leading

RUST-OLEUM REVOLUTIONIZES SPRAY PAINT CATEGORY Rust-Oleum has proven once again why it is the number one brand of small project paints with the introduction of Universal all-surface paint, “the best spray paint in the universe.” Universal is the first all-surface spray paint specially formulated to work on diverse surfaces, including wood, plastic, metal, concrete, glass, vinyl and more. Plus, its advanced delivery system can spray from any angle—even upside down.

global supplier of industrial high-performance corrosion control coatings. Day-Glo is No. 1 globally in the market for fluorescent colorants. Dryvit is the No. 1 North American supplier of exterior insulating finishing systems. Lastly, illbruck is the leading European supplier of high performance sealants and window and door installations systems for the construction industry.

In the consumer segment, Rust-Oleum holds the No. 1 brand recognition and market share position in the U.S. and Canada in the rust preventative, decorative, specialty and professional segments of the small project paint category. DAP holds No. 1 brand recognition and market share position in North America for home improvement latex caulks and sealants and patch and repair products. Varathane hold the No. 1 position in the Canadian clear wood finishes market, with strong and growing brand positioning in the U.S. market. Lastly, Zinsser is a leader in brand recognition and market share position in the U.S. market for specialty primers and sealers.

During fiscal 2008, RPM acquired nine companies generating $200 million in combined sales. Six were of businesses outside North America, which will further expand RPM’s global footprint. As the domestic economy cools, this is an important strategic move that will help sustain the company’s consistent growth. Key acquisitions include Increte Systems in the U.S. with sales of $15 million; Flowcrete Group in the UK with sales of $85 million; Star Maling Group in Norway with sales of $30 million; Productos Cave S.A. in Chile with sales of $6 million; Finnaren & Haley in the U.S. with sales of $10 million; and lastly, Prosytec SAS in France with sales of $39 million.

New products launched in fiscal 2008 include Zinsser Ceiling Paint; Zinsser Bulls Eye Zero Primer; Zinsser Clear BIN Sealer; Rust-Oleum Auto paints and undercoatings; Rust-Oleum Semi-Transparent Concrete Stain; Tremco ICE (instant cure emulsion) Roofing System; TREMstop IA intumescent acrylic firestop sealants; Stonhard Green Concrete Primer; and Dryvit Mojave E Finish. ;