Laticrete to acquire DuPont Surface Care
Laticrete will purchase the DuPont Surface Care business in a transaction expected to close later this month.
Laticrete will merge the DuPont StoneTech, DuPont Stone Care and DuPont Paver Armor Pro branded products with its existing portfolio of products, which are already placed in professional and retail channels around the world.
“This business is an excellent fit with our strategic approach,” said Ed Metcalf, Laticrete president, North America. “We are excited about working with the team to build on the strong foundation they have put in place and to achieve the full potential of this business in the future. We will continue to focus on providing customers with high-quality products and service to deliver solutions that meet their stone and tile care needs.”
The deal is subject to customary closing conditions and regulatory approvals. The sale price was not released.
Kohler celebrates plant expansion
Kohler cut the ribbon on its 105,000-sq.-ft. addition to the company’s generator manufacturing plant in the Town of Mosel, north of Sheboygan, Wisconsin.
More than 600 associates of Kohler Power Systems turned out for the ceremony. Herb Kohler, chairman and CEO of Kohler opened the event by thanking Kohler associates for their hard work and perseverance during the project. He said associates faced a variety of challenges due to extended cold weather last winter but responded with a commitment to their work. Today, Kohler Power Systems is one of the larger generator manufacturers in the world.
President and COO David Kohler talked about the growth of the company’s power generation business in all major markets. Kohler’s distribution channel of 800 locations throughout the world provides total system integration, including design, production, installation and after-sale support to industrial, business, construction, marine and residential customers.
“We are driving our growth through a focus on quality, innovation and service, and that success is allowing us to invest in our Wisconsin operations,” Kohler said. He added that the company is fortunate to have a strong and experienced workforce, with more than half of the facility’s 700 associates members of the company’s quarter century club.
The extra square footage at the plant expands storage for product parts and related materials and increases production capacity with an additional 140 tons of crane capacity to enable easier loading of large generators after production for transport. These megawatt generators provide critical backup power for industrial operations, water system plants, data centers, hospitals and other critical facilities. With the added space, the building including production and office space totals nearly a half million sq. ft.
Sedam to address labor shortage
Scott Sedam, president of TrueNorth Development, will deliver a presentation on the supplier/trade shortage during the 2014 PCBC event in San Francisco, June 25 to 26.
According to the write-up about the presentation in the PCBC agenda: “The combination of housing growth, stalled national immigration reform and more aggressive state immigration laws has resulted in trade shortages nearly everywhere in America.”
Sedam’s June 25 presentation, “New Rules, New Thinking,” is open to all PCBC attendees.
The presentation will include the 10 factors every builder must count to determine which suppliers and trades are the most cost-effective.