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Valspar Announces Price Increases for Industrial Coatings

Published on 2005-02-17. Author : SpecialChem

MINNEAPOLIS -- The Valspar Corporation (NYSE: VAL - News), a leading coatings manufacturer, announced it will raise prices on all Industrial Powder products 15% effective March 1, 2005, and on all Liquid and Electrocoat products 5% - 15% effective March 1, 2005.

These price increases, which are in addition to all previous pricing adjustments, are in response to the rapid run-up in the cost of raw materials used in the manufacture of industrial coatings due to issues of availability and unprecedented increases in the price of raw material feedstocks.

Source: The Valspar Corporation


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