“This agreement is a continuation of our commitment to invest in geographies that offer
strong growth potential,” said
Jim Owens, H.B. Fuller president and
chief executive officer. “Our collaboration with Mr. Özberk and his team over
a period of nearly 10 years has created a
solid market position in Turkey, and
through this joint venture H.B. Fuller
will further enhance customer support
and deepen relationships in that region.
This fits with our overall strategy to
build on our success around the globe,
and expand our footprint in key market
segments through strategic investments.”
Through this new local entity H.B. Fuller
will better support customers and further
solidify its presence in this emerging market. The results of the newly created entity will be reported in the company’s
Europe, India, Middle East and Africa
(EIMEA) segment. H.B. Fuller expects
the new entity to be fully operational
within the next six months.
Sherwin-Williams partners
with HGTV to launch ‘HGTV
Home by Sherwin-Williams’
Sherwin-Williams will launch “HGTV
Home by Sherwin-Williams,” an exclusive line of interior paint and painting
supplies in the second quarter of 2011.
The licensing partnership includes eight
color collections, durable and low-odor
paint manufactured by Sherwin-Williams, as well as an array of smart
tools designed to help consumers with
their painting experience. “The new alliance capitalizes on the strengths of
both organizations, incorporating
HGTV’s popularity and design knowledge with Sherwin-Williams expertise
and high-quality products,” said George
Diver, senior vice president of marketing
at Sherwin-Williams. Each of the eight
new color collections contains 20 coordinating colors and design guidance to
help homeowners. The new product line
will also include tools to help application and clean up, including paint
brushes, paint rollers, tape, gloves and
drop cloths. Sherwin-Williams will support the launch of HGTV Home by
Sherwin-Williams with a comprehensive
marketing plan including national advertising, public relations and new in-store merchandising and color features.
Products will be available in all stores by
June 2011.
AkzoNobel expands
Mexico operations
AkzoNobel invested in a new powder
coating manufacturing plant in Apodaca,
Mexico, a suburb of Monterrey, Mexico.
Located five miles from the Monterrey
airport, the new 85,000 square foot facility will include manufacturing, warehousing, research and development labs,
administrative offices and a quality control laboratory. The project was approved by Akzo’s board in
mid-September, and construction began
early December with completion expected to take up to eight months. The
site will allow the company to more than
double its powder coatings business in
Mexico and Central America over the
next several years. “Based on the sustainable success of our powder coating
business in Mexico, as well as the growth
of the market in Latin America, AkzoNobel has shown great confidence by
allowing us the investment in a new
state-of-the-art manufacturing plant,”
said Michael Cash, managing director,
AkzoNobel Powder Coatings, the Americas Region. “The production capability
of the new manufacturing plant will also
enable us to continue our track record of
introducing new and innovative powder
coatings technologies into the Mexican
and Central American markets.” The new
facility was deemed necessary, as AkzoNobel rapidly approaches the capacity
limits of the current manufacturing facility in Monterrey. The company will continue to produce its products in the
existing manufacturing facility during the
construction phase of the new manufacturing plant, which is expected to be fully
operational in the third quarter of 2011.
Industrial coatings maker to
consolidate British operations
Deloro Stellite, maker of wear-resistant
coatings, will consolidate its UK-based
manufacturing to Goshen, Indiana, creating up to 46 new jobs by 2013. The
company, which manufactures industrial
coatings and specialty metal castings, will
invest $5 million to lease and equip additional manufacturing space at its Eisenhower Drive location in Goshen. The
manufacturer will add a production line
for rod and wire products, which it is
transferring from a facility in England.
The company, which currently employs
nearly 60 associates at its Goshen facility, plans to begin hiring additional production and supervisory workers
immediately as the new rod and wire
production lines are phased in at the
plant. Globally headquartered in London, Deloro Stellite manufactures coating powders, rod and wire from 13
facilities in nine countries throughout
North America, Europe and Asia. The
company’s customers include General
Electric, Rolls Royce and Siemens.
ShawCor to provide subsea
insulation coatings for the
Jack/St. Malo Project
Bredero Shaw, the pipe coating division
of ShawCor Ltd., has received a contract
worth more than $40 million to provide
subsea insulation coatings for the
Jack/St. Malo project, operated by
Chevron North America Exploration
and Production Company. The subsea
flowlines and risers will be installed approximately 250 miles (400 km) southwest of New Orleans in water depths up
to 7,200 ft (2,200 m). The work will be
executed at the Bredero Shaw pipe coating facility in Beaumont, Texas. The site
is being upgraded with the addition of a
new Brigden modular coating facility capable of applying FBE and multi-layer
anticorrosion systems, as well as Thermotite syntactic polypropylene, solid
and foam polypropylene and Thermotite
ULTRA subsea thermal insulation systems. This contract includes ID blasting
and coating of approximately 92 kilometers of 10-inch pipe with a three-layer
polypropylene anticorrosion coating and
syntactic polypropylene thermal insulation. Qualification activities will commence during the first quarter of 2011,
with full production planned from the
third quarter of 2011 through the second quarter of 2012. CW
