Capital Lumber expands in the West
Phoenix, Arizona-based building products distributor Capital Lumber is expanding its Denver and Salt Lake City facilities to make room for expanded product lines.
The Denver location will get 3,000 additional sq. ft. of covered storage in the form of a new cantileve-rack-supported shed.
Meanwhile, Capital is converting its warehouse in Salt Lake City to narrow isle racking for an added 720 pallet positions and 12,120 lineal feet of cantilever racking.
Capital was founded in 1948 and currently maintains eight regional distribution facilities focused in the West.
New from NeverWet: A fabric coating
NeverWet is moving into the textiles space with the release of NeverWet Fabric, a consumer fabric spray designed to repel moisture.
The coatings use a transparent, superhydrophobic substance that leaves the feel of the fabric intact and can be used on outdoor furniture, shoes, uniforms, hunting gear, and automobile interiors, to name a few applications.
The NeverWet Fabric line includes NeverWet Oudoor Fabric, NeverWet Boot and Shoe, NeverWet Hunting and Outdoor Fabric, and NeverWet Auto Interior.
Depending on the desired application. the product can be applied to fabrics such as polyester, poly/cotton blends, canvas, leather, suede, nylon, upholstery, carpets and more.
The coating requires a simple pump spray application and a drying period of 24 hours.
Valspar acquires Canadian coatings company
Valspar has completed its acquisition of Madison Chemical Industries, Inc., a coatings manufacturer based in Ontario, Canada.
Madison was originally founded in 1975 and has been pumping out coatings for a range of applications since, up to and including water transmission pipelines, water and wastewater management and potable water storage.
“We are pleased to welcome the Madison team to Valspar,” said Gary Hendrickson, Valspar’s chairman and CEO. “Combining Valspar’s existing pipe coating products, global manufacturing and technical resources with Madison’s extensive experience and qualifications in the water infrastructure market provides our customers with a broader array of proven solutions. Bringing four decades of breakthroughs and market leadership into Valspar’s technology portfolio is a big win for our customers.”
Financial terms of the transaction were not disclosed.