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3. SHERWIN-WILLIAMS
HQ: Cleve
land, OH USA
Phone £º+1800 5245979
Fax£º+1800 4343131
Web site: www.sherwin.com
Key Figures:
Paint as % of Group Sales 56%
Coatings Sales£º7.01billion
Coatings Sales£º1255m liters
Employees 30900
Executive Team:
Christopher M. Connor, chairman and CEO; Sean P. Hennessy, senior vice president, finance and CFO; and Conway G. Ivy, senior vice president, corporate planning and development; John G. Morikis, president; paint store segment; Thomas W. Seitz, president and general manager; consumer segment; Blair P. LaCour, president and general manager, automotive finishes segment; and Alexander Zalesky, president and general manager, international coatings.
Market Positioning:
Architectural and decorative paint, stains and varnishes, wood finishing products, caulks, adhesives, automotive finishes and industrial and marine coatings.
Sherwin-Williams's coatings sales in 2009 topped $6.3 billion. (The company's ranking excludes estimated sales from non-paint items and other administrative items reported by the company.)
Net sales for the company's Paint Stores Group, which serves architectural paint customers and industrial maintenance and marine coatins users in North America, increased 11.3% to $4.84 billion in 2009. The company opened 120 new stores and closed three during the year.
Commentary:
Net sales for Sherwin-Williams' Consumer Group decreased 1.9% to $1.36 billion for the year as a result of sluggish sales to DIY customers and the elimination of a portion of a paint program with a large retail customer, the company said.
Williams has been with the Pelham, New York Spraylat signed an agreement in North America Spraylat the conductive coating, to help protect the electromagnetic and radio frequency electronic devices, known as the closure of "noise . " Chemical paint departments in publicity, which serves the product finishing, through 75 company has facilities in North America, will be distributed Spraylat the conductive coating. In the declaration chemical coatings division also provides electronic shell of solvent and water-based coating lines, polyurethane and powder coatings and functional shielding (conductive) coating. Strengthened relations with Spraylat market position in North America, the two companies to better service, to address changes in the product market.
The Global Group increased net sales $153.7 million, or 10.7%, to $1.59 billion in 2009. In addition to well established operations in countries like Brazil, Argentina, Chile, Mexico and the UK, the company's presence in Southeast Asia continues to grow. The Global Group continued its aggressive program of new branch openings within and outside North America, adding 41 net new branches during the year.
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