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      February 16

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Welcome to Painting Pro Times where industry experts provide the latest information on industry trends as well as valuable news, and product information.
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Painting Pro Times, the source for paint professionals!
In case you have not been keeping score, 2015 was a year of record profits for national paint manufacturers (almost without exception). What does that mean to professionals? Well, for starters, there is no raw material or rising oil costs pressuring price increases. The distribution and supply outlook appears stable in the near term and certainly for 2016. If you are a paint manufacturer investor, one key metric to watch for is organic growth. It may be a little tricky if the economy does not pick up. Take note: the crappy 2 to 3 percent growth as of late may create a willingness for some manufacturers to increase sales numbers by discounting.
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Airless Spraying by Graco
Today, it seems that we are more inclined to spray apply materials more than any other time in the long history of paint and coating application. Without question, in the architectural, protective, and marine worlds, more gallonage is put on by pulling the airless trigger than any other professional technique. Therefore, we thought that a practical sequence featuring airless spraying would be worthwhile for craftsmen to consider. The first installment discusses the characteristics of various coatings, a few key elements of airless spraying and goes on to describe several production advantages.
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Festool 90+ years of Innovation
In 2015, Festool celebrated its 90th anniversary. The German premium manufacturer’s system products regularly set the highest standards for power tools in woodwork, painting and finishing, as well as in renovation and restoration. The medium-sized business works in close cooperation with professionals to develop solutions for the future, while maintaining the top quality reputation that goes with “Made in Germany”.
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McCormick Paints Now at a Premier Venue in D.C.
McCormick Paints, the largest independent paint manufacturer and retailer in the mid-Atlantic, announced its corporate partnership with Monumental Sports & Entertainment (MSE). This partnership will feature in-arena LED branding and signage during events at Washington, D.C.’s Verizon Center.
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Industry News
AkzoNobel confirms discussions with BASF
The strategy of AkzoNobel of driving operational excellence and organic growth includes the possibility to pursue value generating, bolt-on acquisitions. READ NOW        
Behr’s new Premium Granite Grip
Granite Grip™ is a premium floor coating offering a unique multi-speckled finish for horizontal concrete & masonry surfaces. READ NOW      
Cabot Stains Available at Lowe's Stores Nationwide
The Valspar Corporation has announced that it is introducing its Cabot® Woodcare line of top-quality stains and woodcare products to more than 1,400 Lowe’s stores across the U.S. in March for the 2016 stain season. READ NOW       
PPG Helps Transform Rooms with Make-A-Wish
Special paint color palettes provide children with imaginative, creative possibilities for room renovations... READ NOW      
SW's 2015 Vendors and Product of the Year
Award Recognizes Partners with Outstanding Achievements in Sales, Product Performance and Overall Service... READ NOW      
Sherwin-Williams: Take it to the Bank
The Sherwin-Williams Company Reports 2015 Year-end Financial Results... READ NOW       
Valspar's "Color for All" Wins Best Brand Video Award
Valspar, the nation’s most widely distributed paint brand, was honored this week for its “Color for All” campaign that helped colorblind individuals obtain ground-breaking eyewear allowing them to see and experience color for the first time. READ NOW       
China Eclipses U.S. in Value of Built Assets
China has overtaken the United States as the world’s wealthiest country measured by the value of its buildings and infrastructure ($47.6 trillion versus $36.8trillion), according to Arcadis’ latest Global Built Asset Wealth Index. READ NOW        
More Money for Non-Union Construction Workers in 2015; Union Workers Decline
Union representation in the construction industry (covering all occupations) fell from 14.7 percent to 14.0 percent in 2015, according to an annual report recently issued by the Bureau of Labor Statistics (“BLS”).
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Scientists create world's most expensive material
They just sold the equivalent of one-third the weight of a human hair for $32,000. READ NOW        
Product Introductions
3M
Introducing the all new 3M™ Quick Latch Respirator. Featuring a convenient quick latch for easy on and off, plus 3M™ Cool Flow™ technology for cool comfort.
www.3msafety.com
     
Sherwin-Williams PRO
Do you have a Sherwin-Williams PRO Account?
Discover your PRO Advantages!
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Featured Videos
ScotchBlue™ Painter's Tape for Exterior Surfaces
3M
Upcoming Industry Events
2016 PDCA Painting & Decorating EXPO
New Orleans, Louisiana
March 9-12, 2016
2016 WIA National Convention and Vendor Showcase
Charlotte, North Carolina
September 16-17, 2016
Knowledge Test
1. The Wooster Brush Company was established in 1851.
2. For interior work, if someone asks, “Did you juice the paint?” Juice means…
3. New gypsum walls that are ready for priming often have the following surface:
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Editor:
Mark Casale ppt@extensionmedia.com
Publisher/Sales Director: Melissa Sterling msterling@extensionmedia.com
Sales Manager: Jenna Johnson jjohnson@extensionmedia.com