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BUSINESS
November 12, 2012 | By Tiffany Hsu
Fortune 500 paint company Sherwin-Williams Co. will spend $2.4 billion, including debt, to buy Mexican paint business Consorcio Comex as the real estate market shows signs of improvement. The all-cash transaction will combine the operations of the Cleveland-based giant with that of the Mexico City firm, assuming the deal passes muster with regulators .   Comex brought in sales of $1.4 billion last year by selling architectural and industrial coatings throughout Mexico, Canada and the U.S. The company has eight factories in Mexico, five in the U.S. and three in Canada.
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CALIFORNIA | LOCAL
December 16, 2013 | By Tony Barboza
A Northern California judge Monday ordered three companies to pay $1.1 billion to remove lead-based paint from inside California homes, concluding a 13-year legal case. Santa Clara County Superior Court Judge James P. Kleinberg ruled that ConAgra, NL Industries and Sherwin-Williams created a “public nuisance” by selling lead-based paint for decades before it was banned in 1978, finding them liable for exposing children to a known poison. The opinion set aside $605 million, or 55% of the judgment, to pay for lead removal in Los Angeles County.
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TRAVEL
May 16, 2012
Visitors to the Golden Gate Bridge often pose a strange request: They want some of the bridge's International Orange paint. During construction, consulting architect Irving Morrow chose the color. He thought it would reflect nicely off the waters of the Golden Gate Strait below and blend well with the Marin headlands to the north. "I get asked all the time, 'Can I have a little bit of that paint? I want to paint the fence in front of my house,'" said Mary Currie, public affairs director for the Golden Gate Bridge, Highway and Transportation District, which operates the bridge.
BUSINESS
November 12, 2012 | By Tiffany Hsu
Fortune 500 paint company Sherwin-Williams Co. will spend $2.4 billion, including debt, to buy Mexican paint business Consorcio Comex as the real estate market shows signs of improvement. The all-cash transaction will combine the operations of the Cleveland-based giant with that of the Mexico City firm, assuming the deal passes muster with regulators .   Comex brought in sales of $1.4 billion last year by selling architectural and industrial coatings throughout Mexico, Canada and the U.S. The company has eight factories in Mexico, five in the U.S. and three in Canada.
BUSINESS
August 21, 1989 | From Times Wire Services
Paint maker Sherwin-Williams Co. has reached agreement in principle to buy the chemical coatings division of Whittaker Corp. of Los Angeles, Sherwin-Williams announced today. Terms were not disclosed. Sherwin-Williams said the sale hinged on reaching a definitive agreement and was expected to be completed by fall. The Whittaker Coatings Group includes 10 manufacturing facilities in nine states and research laboratories in Columbus, Ohio, and Colton, Calif.
CALIFORNIA | LOCAL
July 21, 1985 | Associated Press
Jordan Goodman collects just about anything--magic posters, bronze dogs, even Hawaiian shirts. But it's neon signs that really light up his life. Goodman, 27, an office equipment salesman, has been collecting things since he was 17. His oldest neon sign is from Owl Cleaners and dates back to the 1940s. "I've got 14 neon clocks from among the 50 neon pieces in the house," he said, referring to the home he shares with his wife and child.
CALIFORNIA | LOCAL
December 16, 2013 | By Tony Barboza
A Northern California judge Monday ordered three companies to pay $1.1 billion to remove lead-based paint from inside California homes, concluding a 13-year legal case. Santa Clara County Superior Court Judge James P. Kleinberg ruled that ConAgra, NL Industries and Sherwin-Williams created a “public nuisance” by selling lead-based paint for decades before it was banned in 1978, finding them liable for exposing children to a known poison. The opinion set aside $605 million, or 55% of the judgment, to pay for lead removal in Los Angeles County.
BUSINESS
August 10, 1994 | From Bloomberg Business News
Sherwin-Williams Co. said Tuesday that it has acquired the assets of Ontario-based Old Quaker Paint Co., a closely held company that has seven paint stores in Southern California and sells products to the new-home construction market. Sherwin-Williams, a Cleveland-based maker and retailer of paint, did not disclose the price it paid for Old Quaker, which had annual revenue of less than $20 million and less than 100 employees, a company spokesman said.
BUSINESS
November 23, 1996 | Times Staff and Wire Reports
Sherwin-Williams Co. said it will buy Thompson Minwax Holding Corp. from Forstmann Little & Co. for $830 million in cash, which would give the largest maker of paints such as Dutch Boy the lead in household stains and sealers. The addition of Thompson water sealers, Minwax stains and Red Devil and Formby's products would fill a weak spot in Sherwin-Williams' lineup that includes Krylon, Ralph Lauren and Pratt & Lambert paints and varnishes.
NEWS
May 29, 1994 | Reuters
Two people were injured at a Sherwin Williams paint factory outside Atlanta Friday when a 300-gallon tank of ammonia spilled, forcing the evacuation of the entire plant.
TRAVEL
May 16, 2012
Visitors to the Golden Gate Bridge often pose a strange request: They want some of the bridge's International Orange paint. During construction, consulting architect Irving Morrow chose the color. He thought it would reflect nicely off the waters of the Golden Gate Strait below and blend well with the Marin headlands to the north. "I get asked all the time, 'Can I have a little bit of that paint? I want to paint the fence in front of my house,'" said Mary Currie, public affairs director for the Golden Gate Bridge, Highway and Transportation District, which operates the bridge.
BUSINESS
November 23, 1996 | Times Staff and Wire Reports
Sherwin-Williams Co. said it will buy Thompson Minwax Holding Corp. from Forstmann Little & Co. for $830 million in cash, which would give the largest maker of paints such as Dutch Boy the lead in household stains and sealers. The addition of Thompson water sealers, Minwax stains and Red Devil and Formby's products would fill a weak spot in Sherwin-Williams' lineup that includes Krylon, Ralph Lauren and Pratt & Lambert paints and varnishes.
BUSINESS
August 10, 1994 | From Bloomberg Business News
Sherwin-Williams Co. said Tuesday that it has acquired the assets of Ontario-based Old Quaker Paint Co., a closely held company that has seven paint stores in Southern California and sells products to the new-home construction market. Sherwin-Williams, a Cleveland-based maker and retailer of paint, did not disclose the price it paid for Old Quaker, which had annual revenue of less than $20 million and less than 100 employees, a company spokesman said.
BUSINESS
August 21, 1989 | From Times Wire Services
Paint maker Sherwin-Williams Co. has reached agreement in principle to buy the chemical coatings division of Whittaker Corp. of Los Angeles, Sherwin-Williams announced today. Terms were not disclosed. Sherwin-Williams said the sale hinged on reaching a definitive agreement and was expected to be completed by fall. The Whittaker Coatings Group includes 10 manufacturing facilities in nine states and research laboratories in Columbus, Ohio, and Colton, Calif.
CALIFORNIA | LOCAL
July 21, 1985 | Associated Press
Jordan Goodman collects just about anything--magic posters, bronze dogs, even Hawaiian shirts. But it's neon signs that really light up his life. Goodman, 27, an office equipment salesman, has been collecting things since he was 17. His oldest neon sign is from Owl Cleaners and dates back to the 1940s. "I've got 14 neon clocks from among the 50 neon pieces in the house," he said, referring to the home he shares with his wife and child.
BUSINESS
September 14, 2000
* Sherwin-Williams Co., the largest U.S. paint maker, said its third-quarter earnings probably will be 66 cents to 69 cents a share, rather than the 73 cents forecast by analysts, because of higher-than-expected costs of raw materials and price competition in South America. Shares of Cleveland-based Sherwin-Williams fell $1.63 to close at $22.25 on the NYSE. * Guide to Our Staff: Need to reach Business section reporters or editors? A guide to the section's staff can be found at http://www.
BUSINESS
June 11, 1993 | From Times Staff and Wire Reports
Prop. 65 Lawsuit Filed Against Sherwin-Williams: California Atty. Gen. Dan Lungren charged that the nation's largest paint manufacturer failed to provide adequate warnings that its spray paints and primers expose users to toluene, a chemical known to cause birth defects. Even used according to directions, consumers would be exposed to 50 times the toluene level that requires notice under the law, the suit alleges.
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