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Robotic arm applying paint on car parts. Automotive paint is paint used on automobiles for both protective and decorative purposes. [1] [2] Water-based acrylic polyurethane enamel paint is currently the most widely used paint for reasons including reducing paint's environmental impact. Modern automobile paint is applied in several layers, with ...
By 1900, known as the "Glass Trust", it included 10 plants, had a 65 percent share of the U.S. plate glass market, and had become the nation's second largest producer of paint. [4] Today, known as PPG Industries, the company is a multibillion-dollar, Fortune 500 corporation with 150 manufacturing locations around the world.
Nippon Paint Holdings Co. attempted to buy the company in November 2017, but the deal failed to reach an agreement. [18] In July 2021, Axalta acquired U-POL, a Northamptonshire based manufacturer and distributor of fillers, coatings and aerosols, [19] from Graphite Capital. [20]
In 2004, Sherwin-Williams acquired Paint Sundry Brands for $295 million and Duron Inc. for $253 million. [18] [19] In June 2007, Sherwin-Williams announced that it had completed an acquisition of M.A. Bruder & Sons, a manufacturer and distributor of paints and coatings. [20]
The German magazine Automobil Industrie publishes a yearly list of the largest automotive suppliers in the world by revenue. [1] For companies that are not pure automotive suppliers, only the automotive supplier divisions are taken into account.
In 2022, American Tire Distributors sold their Canadian operations (National Tire Distributors) to Groupe Touchette. [15] In October 2024, ATD filed for Chapter 11 bankruptcy protection for the second time, listing assets and liabilities between $1 billion and $10 billion. The company plans to sell itself to new owners in efforts to eliminate debt.
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