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Consolidation in the Coatings Industry: Where Did All My Peers Go? (Part 1)

By: David Hood, Induron CEO

where did all my peers go?Where did all my peers go? When I joined the coatings industry in 1969, there were more than 1,100 U.S. paint manufacturers. Industry meetings were big, and I met and got to know a lot of guys and a few women who owned and operated paint companies not too different from Induron. They were all over the U.S. and Canada. Over time, most of their companies were sold to larger companies (the lucky or smart ones), went bankrupt or just dissolved. My guess is that there are no more than 100 coatings manufacturers left in North America large enough to be a factor in any market. Continue reading Consolidation in the Coatings Industry: Where Did All My Peers Go? (Part 1)

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