Valspar announces expansion of
its R&D campus in Minneapolis
The Valspar Corporation has announced
plans to expand its research and development campus and renovate its former
headquarters building, located in downtown Minneapolis, Minnesota. This
world-class environment for developing
industry-leading coatings technologies
and applications further demonstrates
the company’s commitment to growth
and innovation, the company reported.
The project will also create up to 135
full-time jobs over the next two years, including high-paying roles in the material
sciences. Valspar is investing $30 million
in the project, which will add 87,000
square feet of laboratory, meeting and office space. The project is expected to be
completed in early 2014.
“Expanding our Minneapolis R&D
center is a prime example of Valspar’s
global leadership in coatings innovation
and technology,” said Gary Hendrick-
son, chairman and chief executive offi-
cer of Valspar. “We will devote more re-
sources toward developing differentiated
coatings technologies to address the
changing needs of our customers. Our
scientists and researchers will have ac-
cess to a best-in-class facility to more
quickly and efficiently bring these solu-
tions to market.”
The Minneapolis campus is the an-
chor of the company’s research and de-
velopment network worldwide,
R&D center in Minneapolis will also en-
able Valspar to expand its partnerships
with highly regarded research institutions
and universities, providing co-operative
internships and equipment sharing, in-
cluding the University of Minnesota.
collectively called the Valspar Applied
Science and Technology Centers (VAST).
The company operates a second flagship
R&D facility recently opened in
Guangzhou, China as well as more than
three dozen smaller laboratories around
the world. Together, these facilities enable
Valspar’s research and development
teams to drive the development of new
products, solve customer and manufacturing challenges, develop polymers with
unique performance and value, and establish new test protocols to ensure
quality.
The
PPG Industries releases its
annual automotive color
popularity and trend data
While white retained the leading spot as
the most popular car color based on
2012 automotive build data, PPG forecasts that the overall use of color is on
the rise.
According to PPG’s annual survey of
global color popularity, white ranked
first (22%) and silver was second
(20%), followed by black (19%),
gray (12%), red (9%), natural
(8%), blue (7%), green
(2%) and other colors
(1%).
“Color is one of the
first characteristics noticed in product design, and it is
increasingly being
used in everyday
items, from cell
phones to large appliances, based largely
on automotive trends,”
said Jane E. Harrington, PPG manager,
color styling, automotive OEM (original
PPG reported that white has retained the leading spot as the most popular color for automotives.
10 | Coatings World
www.coatingsworld.com
November 2012