Founded in 1947, RPM International is a multinational company consisting of subsidiaries that manufacture, market and sell specialty chemical products including specialty coatings, sealants, building material and related services. Included among the company’s brands are Kwik Seal, Tremco, Universal Sealants, Miracle Sealants, SEAL-KRETE, Touch 'n Foam, and Zinsser.
RPM’s total sales grew 10% in its 2022 fiscal year (ended May 31, 2022), reaching $6.7 billion. The company’s four business units include: Construction Products Group, Consumer Group, Performance Coatings Group, and Specialty Products Group. Adhesives and sealants are produced primarily in the Construction Products and Consumer groups. (The company declined to provide specific adhesives/sealants-related sales and other details.)
Representing 37% of total net 2022 sales, the Construction Products Group experienced record sales and profitability, achieving sales of $2.5 billion for the year, a 19.7% increase over the previous year. This segment, which includes the Tremco business, produces construction sealants and adhesives, as well as waterproofing solutions and many other products.
Fiscal 2022 sales for the Consumer Group reached $2.2 billion, representing 33% of RPM’s total sales. Caulks, sealants, and adhesives are among the many products produced by companies in this segment, including DAP.
NOTES: In September 2021, RPM procured a 178,000-square-foot chemical manufacturing facility located on 120 acres in Corsicana, Texas. The facility will be repurposed to act as a manufacturing campus for a number of RPM’s operating companies, and will be owned and operated by RPM’s Tremco Construction Products Group.
No. 7 | RPM International Inc.Medina, Ohio
Chairman and CEO: Frank C. Sullivan
Sources: company website, annual report
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