RPM acquires Synta wood deck
and concrete restoration business
RPM International Inc. through its Rust-Oleum Group has acquired Synta Inc., a
producer and marketer of exterior wood
deck and concrete restoration systems.
Based in Clarkston, GA, Synta's annual
sales are anticipated to exceed $40 million
in the first year. Synta's unique Deck Restore and Concrete Restore brand products
offer consumers the opportunity to extend
the life of weathered outdoor wooden
decks and concrete surfaces beyond the performance of conventional stains, paints and
sealers the company said. They are widely
available at nationwide home centers and
other home improvement retailers. Additionally, Synta offers a line of arts and craft
coatings under the Anita's brand, and a recently introduced line of specialty coatings
under the MyColor by Pantone brand.
Randy Moore, Synta chief executive, will
continue to lead the organization, which
will operate as a stand-alone business
within Rust-Oleum's Consumer Business
Group, and Tom Curtis, Synta founder, will
continue in a consulting capacity.
RPM acquires leading nail
enamels business
RPM International Inc. has acquired
Kirker Enterprises, Inc., a leading manu-
facturer of nail care enamels, coatings
components and related products for the
personal care industry. Based in Paterson,
New Jersey, Kirker has annual sales in ex-
cess of $100 million."Kirker will operate
as a stand-alone company within our
RPM2 business group," said Frank Sulli-
van, RPM chairman and chief executive.
"Through our many companies, RPM has
among the broadest coatings technologies
in the world, and Kirker will be able to ac-
cess these technologies to bring even more
innovation to the personal care industry."
Tesla Nanocoatings wins Ohio
Innovation Award
An Ohio technology start-up fund, The
Innovation Fund, has awarded Tesla
NanoCoatings of Massillon, Ohio a
$100,000 grant to help the new company
develop and manufacture its line of corrosion control coatings. It is the third time
this year the company has been honored
for its technology.
Tesla NanoCoatings provides corrosion
control coatings with fullerene carbon nan-otubecathodic protection of metal to the
aerospace/military, petrochemical, transportation, marine and industrial markets.
Earlier this year, the editors of R&D
Magazine named Tesla NanoCoatings a
recipient of its R&D 100 Award as one of
the most technically significant products
in 2011. NorTech, in partnership with
Crain's Cleveland Business, announced
Tesla Nanocoatings Ltd. as winner of its
2012 Nor Tech Innovation Award.
Additionally, The U.S. Army identified
Tesla’s corrosion technology as a “Techni-
cal Solution.”
“Corrosion is a major problem is US
industry today. The U.S. Government Ac-
counting Office estimates that corrosion
costs the U.S. $400 billion a year," said
Todd Hawkins, managing director and
founder of Tesla.
“We are proud to be on the front lines
in the battle against this problem, and to
be honored three times already in our first
year of operation,” said Hawkins.
“The U.S. market for corrosion-con-trol coatings is about $50 billion a year,
and the industry has not seen any groundbreaking new technologies in more than
50 years. We aim to be the pacesetter in
this market, offering the toughest, most
resilient and best corrosion resistant coatings ever developed,” he said.
“Tesla has improved on the traditional
coating system that the U.S. military relies
on to protect many of its steel structures,”
said Susan Drozdz, a chemist with U.S.
Army ERDC CERL and a NACE Interna-tional-certified Level 3 Coating Inspector.
“The traditional system is a good coating system, but here was an opportunity,
with this nanocoating, to improve the limited adhesion, flexibility, and impact re-
sistance of the standard system. Based on
our field demonstrations, the Tesla system
will most likely improve coating’s performance and service life,” she said.
Tesla NanoCoatings, LTD is a technology company based in Massillon, Ohio
with a laboratory at Stark State College in
North Canton, Ohio. The company is over
a year old with one product currently—
Teslan—a highly effective corrosion control
coating for structural steel utilizing carbon
nanotubes, which self-assemble into rope
structures, making them highly conductive,
tough and flexible. Teslan was developed in
collaboration with the U.S. Army Engineer
Research and Development Center, Construction Engineering Research Laboratory
(ERDC-CERL), Champaign, Ill. For more
Tesla company information please visit
www.teslanano.com.
International Paint awarded
GSA Schedule 51 V contract to
offer its coatings to federal
govt
International Paint LLC has been
awarded the GSA Schedule 51 V contract,
which gives it the ability to offer its coatings to the federal government.
"We are excited to have this contract
in place, as it will allow our government
customers to procure our products more
easily. We are confident that this schedule
will broaden our federal market foot-print," said John Mangano, International
Paint's business development manager.
International Paint is listed under the
contract number GS-21F-0108Y. To expedite government purchases, International
Paint has made its products available on
GSA Advantage.
Establishing a GSA Schedule Contract
requires a solid understanding and in-depth
knowledge of government contracts and
regulations. With the guidance and support
of Winvale, a government contracts consul-tancy, International Paint was awarded its
GSA Schedule Contract in record time the
company said.
