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Valspar Corp. (VAL)

On Feb 9: 25.45 USD   0.00 (0.00%)  
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Valspar Corp.
1101 Third Street South
Minneapolis, MN 55415
Phone: 612-332-7371
Fax: 612-375-7723
Web Site: http://www.valspar.com

DETAILS
Index Membership: S&P 400 MidCap
S&P 1500 Super Comp
Sector: Industrial Goods
Industry: General Building Materials
Employees (last reported count): 9,946

BUSINESS SUMMARY
The Valspar Corporation manufactures and distributes coatings, paints, and related products primarily in the United States and internationally. Its coatings include decorative and protective coatings for metal, wood, plastic, and glass, primarily for sale to original equipment manufacturer customers. These products consist of fillers, primers, varnishes, inks, sprays, stains, and other coatings used in various manufacturing industries, such as building products, appliances, automotive parts, furniture, transportation, agricultural and construction equipment, metal packaging, and metal fabrication. The company provides packaging product line, which comprises coatings for interior and exterior use in metal packaging containers, such as food containers and beverage cans; and coatings for aerosol and paint cans, bottle crowns for glass, plastic packaging, and bottle closures; general industrial product line that includes a single source for powder, liquid, and electrodeposition coatings technologies; coil coatings, which are applied to metal coils that are used to manufacture pre-engineered buildings and building components, and other metal building and architectural products and appliances; and wood product line, which consists of decorative and protective coatings for wood furniture, building products, and cabinets. The company's paints comprise architectural paints, such as interior and exterior paints, stains, primers, varnishes, and high performance floor paints; and specialty decorative products, such as enamels, aerosols, and faux finishes used in the do-it-yourself market. It also provides automotive refinish paints and aerosol spray paints. In addition, the company offers specialty polymers, gelcoats, colorants, and furniture protection plans. It distributes its products through home centers, mass merchants, hardware wholesalers, distributors, and independent dealers. The company was founded in 1806 and is headquartered in Minneapolis, Minnesota.
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    OFFICERS
      Pay Exercised
    Mr. William L. Mansfield , 60
    Chairman, Chief Exec. Officer, Pres and Member of Exec. Committee
    $ 1.59M $ 3.10M
    Mr. Paul C. Reyelts , 61
    Chief Financial Officer and Exec. VP of Fin.
    N/A N/A
    Mr. Gary E. Hendrickson , 52
    Sr. VP of Architectural, Global Wood Coatings and Federal Bus.es and Pres of Asia Pacific
    $ 624.00K $ 99.00K
    Mr. Rolf Engh , 54
    Exec. VP, Sec. and Gen. Counsel
    N/A N/A
    Mr. Steven L. Erdahl , 55
    Exec. VP
    $ 769.00K $ 135.00K
    Dollar amounts are as of 31-Dec-07 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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