McGinley Adhesives has over 30 years of experience in the adhesive industry, taking pride in its customer service. The acquisition will expand APPLIED’s presence on the East Coast.
The fourth-quarter earnings mark the sixth consecutive quarter of record sales and adjusted EBIT for the leader in specialty coatings, sealants, and building materials.
The new American Sealants Inc. (ASI) 30,000-square-foot plant, in Fort Wayne, Indiana, will expand ASI’s operations and create new jobs in the community.
The materials group and solutions group both reported losses, yet with the implementation of cost-saving solutions, the company remains optimistic for the next quarter.
Financial performance for the quarter that resulted in a 32% decline in year-over-year adjusted EBITDA led to the decision to close its titanium dioxide manufacturing facility.
Despite the decline in year-over-year sales, Arkema highlights the positive momentum in its sustainability strategy, its advantageous acquisitions, and its move towards specialty materials.
Alexander Watson Associates recently announced that the company has re-positioned itself to better represent what it does and how it supports its customers.