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Sherwin-Williams promotes design contest

BY Ken Clark

Designed to promote its new Emerald Paint brand, Sherwin-Williams launched the Emerald Paint Design Contest.

The company invited nterior designers to enter the contest for the chance to win up to $5,000 and have their work showcased in STIR magazine. The contest runs through Nov. 30. 

Zero VOC Emerald interior acrylic latex paint was introduced earlier this summer, and was described as the company’s highest-quality and most environmentally friendly paint.

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H.B. Fuller divests Central American paint division

BY Brae Canlen

H.B. Fuller Co. has announced the completion of the sale of its Central America paints business to Compania Global de Pinturas S.A., a company of Grupo Mundial, for $120 million. Following fulfillment of all conditions associated with the divestiture, the deal closed on Aug. 6, 2012.

The paints division produces a broad range of product lines used widely for residential and commercial applications. The sold business includes nearly 800 employees who work across Central America and in production plants and laboratories in Costa Rica, Honduras and Panama.

H.B. Fuller is a 125-year-old global producer of adhesives, sealants and other specialty chemical products. Headquarters in St. Paul, Minn., the company is listed on the Fortune 500. In 2011, worldwide sales reach $1.56 billion.

 

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Sales, profits rise at Central Garden & Pet

BY HBSDEALER Staff

Central Garden & Pet, a leading supplier of seeds, pottery, garden chemicals and other outdoor living products, reported net sales of $533.8 million for its third fiscal quarter, an increase of 10% from sales of $484.3 million during the same period a year ago.

Net income for the quarter, which ended June 23, totaled $22.7 million, compared with net income of $17.1 million in the third quarter of 2011.

"We are pleased with our third-quarter revenue growth and bottom-line results,” said Gus Halas, president and CEO. “We now have generated top-line growth in six of the last seven quarters."

The company’s pet segment performed well during the quarter, benefiting from expanded distribution, new products and favorable weather for pest control products. The quarter’s results also reflected the shipment of backlogged orders from the prior quarter, according to the company.

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