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acquisitions_mergers_gears

PPG to Acquire Global Coatings Manufacturer Wörwag

Wörwag operates locations in Germany, the United States, China, South Africa, Mexico, Spain, Switzerland, and Poland.
January 26, 2021
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PPG recently announced that it has reached a definitive agreement to acquire Wörwag, a global manufacturer of coatings for industrial and automotive applications.
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building and construction

DriTac Partners with Fishman Flooring Solutions

With 37 locations throughout the Mid-Atlantic, Midwest and Eastern Seaboard regions, Fishman will market and distribute DriTac's premium-grade, hi-tech product line throughout its entire footprint.
January 26, 2021
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DriTac Flooring Products, LLC, announced a new distribution partnership with Baltimore-based Fishman Flooring Solutions.
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headlines and news

Intertape Polymer Group to Expand Manufacturing Facility in Virginia

Intertape Polymer Group will reportedly add 30,000 sq ft to the facility and act on a series of investments in production, operations, and capacity.
January 25, 2021
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Governor Ralph Northam recently announced that Intertape Polymer Group Inc. (IPG) will expand its manufacturing operation in Pittsylvania County to increase production for its e-retail packaging, coatings, and films.
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Construction.jpg

Housing Starts End 2020 Strong

Single-family starts in December 2020 increased 12% to a 1.34 million seasonally adjusted annual rate, while the multi-family sector, which includes apartment buildings and condos, decreased 13.6%.
January 25, 2021
No Comments
Led by a solid, double-digit gain in single-family starts, overall housing starts increased 5.8% to a seasonally adjusted annual rate of 1.67 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
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R. W. Meadows Russ Snow

W. R. Meadows' Snow Named to Air Barrier Association of America 2020 Class of Fellows

Russ Snow is an active participant in almost every ABAA task group and committee meeting and has been deeply involved in the association since 2012.
January 22, 2021
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Russ Snow, FABAA, BSS, CSP, CTR, who serves as sales manager/product group manager Building Envelope for W. R. Meadows, has been recognized in the Air Barrier Association of America (ABAA) 2020 Class of Fellows.
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Mactac adopt a family

Mactac Gives Back to Local Communities

Mactac employees organized donation efforts in Stow, Ohio; Columbus, Ind.; and Scranton, Pa.
January 22, 2021
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Mactac and its employees in three locations closed out a challenging 2020 by giving back to local communities.
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Bostik Strengthens Instant Engineering Adhesives Business with Investment in Crackless Monomer Co.

CMC, which will be 51% owned by Bostik for an investment of around $11 million, will produce specialty cyanoacrylate monomers on an industrial scale at a competitive cost.
January 21, 2021
No Comments
Arkema recently announced an investment in Crackless Monomer Co. (CMC), a joint venture between Bostik and Taiwanese company Cartell Chemical Co., to accelerate the development and production of high-value-added engineering adhesives.
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Hand-on-Keyboard

Adhesion Society to Hold Virtual Technical Short Course

The Adhesion Science & Technology Short Course provides an introduction and overview to a variety of critically important topics in the field of adhesion.
January 21, 2021
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The Adhesion Society will hold its Adhesion Science & Technology Short Course virtually on February 15-17, 2021, prior to the Virtual Annual Meeting.
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COVID-19

Small Business Administration Extends Deadline for Coronavirus-Related Disaster Loans

Loans are offered at affordable terms, including a 3.75% interest rate for small businesses, a 30-year maturity, and an automatic deferment of one year before monthly payments begin.
January 20, 2021
No Comments
The U.S. Small Business Administration (SBA) recently announced that the deadline to apply for a COVID-19 pandemic Economic Injury Disaster Loan has been extended to December 31, 2021.
Read More
Mergers.jpg

Huntsman Completes Acquisition of Gabriel Performance Products

With three manufacturing facilities, Gabriel had 2019 revenues of approximately $106 million.
January 20, 2021
No Comments
Huntsman Corp. has completed its previously announced acquisition of Gabriel Performance Products (Gabriel), a North American specialty chemical manufacturer of specialty additives and epoxy curing agents for the coatings, adhesives, sealants, and composite end markets, from Audax Private Equity.
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