OH Company Buys Canadian Pipeline Coating Manufacturer

rpmRPM International Inc. is a manufacturing company based in Medina, OH. It is the owner/maker of such name brands as Rust-Oleum. RPM’s subsidiaries that are leaders in specialty coatings, sealants, building materials and related services across three segments. One of those segments is the oil and gas industry. So it’s no surprise that RPM has just bought out Specialty Polymer Coatings, Inc. (SPC), a Canadian manufacturer of high-performance coatings for the global oil and gas pipeline market. No details of the deal were announced, but we do know that SPC has annual net sales of $26 million. The upshot: another Ohio company will get more deeply involved in the shale oil and gas industry–just one more way oil and gas (and shale) benefits everyone…

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