The Valspar Corporation is a global leader in the paints and coatings industry.
We develop, manufacture and distribute a broad range of coatings, paints and
related products, and operate our business in two reportable segments: Coatings
and Paints. By providing high quality products with technologies that add superior
value and performance, Valspar’s business has grown organically. Our global
growth has also been fueled by the well-executed integration of acquisitions
which have further expanded our scale, technology platforms and worldwide portfolio
of respected brands.
Our Coatings segment includes our industrial product lines and our packaging
product line. We offer a broad range of decorative and protective coatings for
metal, wood and plastic, primarily for sale to original equipment manufacturing
customers in Africa, Asia, Australia, Europe, North America and South America.
Products within our Coatings segment include primers, top coats, varnishes,
sprays, stains, fillers and other coatings used by customers in a wide range
of manufacturing industries, including agricultural and construction equipment,
appliances, building products, furniture, metal fabrication, metal packaging
and transportation.
Our industrial product lines include general industrial, coil and wood coatings.
Our general industrial product line provides customers a single source for powder,
liquid and electrodeposition coatings technologies in a wide variety of industries,
including agricultural and construction equipment, pipe, lawn and garden, appliance,
transportation, and marine shipping containers. Our coil product line produces
coatings that are applied to metal coils used to manufacture pre-engineered
buildings and building components, other metal building and architectural products
and appliances. Our wood product line supplies decorative and protective coatings
for wood furniture, building products, cabinets and floors. We also provide
color design and technical service to our customers. We supply our industrial
products throughout the world.
Our packaging product line includes coatings for the interior and exterior of
metal packaging containers, principally metal food containers and beverage cans.
We also produce coatings for aerosol and paint cans, crowns for glass bottles,
plastic packaging and bottle closures. We believe we are the world’s largest
supplier of metal packaging coatings. We supply our packaging products throughout
the world via a global manufacturing footprint in many major countries.
Our Paints segment includes our consumer paints and automotive paint refinish
product lines. We offer a wide variety of paints, primers, topcoats and aerosol
spray paints through retailers, distribution networks and company-owned stores.
Our consumer paints product line comprises the largest part of our Paints segment.
We offer a broad portfolio of interior and exterior decorative paints, stains,
primers, varnishes and specialty decorative products, such as enamels, aerosols
and faux finishes, used in both the do-it-yourself and professional markets.
In the U.S. and Canada, we offer our branded products and private-label brands
through more than 10,000 points of sale. The primary distribution channels for
these products are home centers, hardware stores, distributors and independent
dealers. In China, we sell branded consumer paints primarily through exclusive
distribution to both exclusive and non-exclusive brand retailers. In Australia
and New Zealand, we sell branded consumer paints through Valspar company-owned
stores, big-box retail hardware and independent dealers. In the U.K. and Ireland,
we sell branded products primarily through a large home center customer.
We develop highly customized merchandising and marketing support programs for
our consumer paint customers, enabling them to differentiate their paint departments
from their competitors’ through customer service, paint tinting technology,
product and color selection assistance and in-store displays. Our primary brands
include VALSPAR and CABOT in the U.S., HUARUN in China, WATTYL, SOLVER, VALSPAR
and PASCOL in Australia and New Zealand and VALSPAR and PLASTI-KOTE in the U.K.
and Ireland.
Our automotive product line primarily includes refinish paints and body shop
accessories sold through automotive refinish distributors, automotive supply
retailers and body shops. We distribute these products under the DE BEER, MATRIX,
VALSPAR, USC, PRO-SPRAY, OCTORAL and HOUSE OF KOLOR brands in many countries
around the world.
7.36% 
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