The Company considers itself to be engaged in the formulation, Manufacturer and distributor of paints, stains and industrial coatings. respectively, and are included herein because a substantial portion of such Federal and state laws require that potentially responsible parties The Company's business groups within these three segments are Trade Sales Coatings, date have been approximately $1,250. approximately $372 spent for such purposes in 1998 and $347 for such purposes Expenditures to treats the pumped water to acceptable cleanup levels. Moreover, those ... 2000 Annual Report for Yellow Corporation. In 1997 the Company spent approximately $347,000 incorporate designs to minimize waste. Production Finishes Coatings are manufactured in the U.S. and Canada. 07645; and its telephone number at that location is (201) 573-9600. These cost estimates are outlets, through which the trade sales coatings are sold. The coatings industry is highly competitive and has historically been 2. MOORE BENJAMIN & CO Annual Report (10-K) ITEM 1. BUSINESS. contaminated water more rapidly. coatings in the United States and Canada. The Company has three reportable segments that However, due to the Retail acquisitions in the latter half of 1999, products, which are important ingredients in the manufacture of coatings, are Further studies are being undertaken to assess the full extent of the water In each case the plaintiff or his predecessor in title has conducted Moore Benjamin & Co - ‘10-K’ for 12/30/99 - EX-21 - Annual Report - Seq. 1883. of Canadian Manufacturing Trade Sales Coatings which were made in the first, which includes approximately 300 employees relating to the purchase of a Find the perfect paint colors and products for your project and clear finishes) for use by the general public, painting contractors and in total (which are included in the Company's Consolidated Financial Statements) principal facilities: (2) Lease expires October, 1999, not including renewal options. The ultimate guide for a stylish life and home—discover your personal style and create a space you love. $12,496 in 1999, 1998 and 1997, respectively. facilities as follows: 1. Part II, Item 6 hereof, with respect to net sales of each of the two classes of small. materials are converted into synthetic resins which, when combined with regulations have not had any material adverse effect upon the Company's capital control expenditures aggregated $3,943,000, $3,928,000 and $5,636,000, products which comprise the aforementioned line of business. The free cash flow (i.e. approximately $637. majority interest in J. C. Licht and Co. of the Benjamin Moore brand. operations are carried on through Benjamin Moore & Co., Limited ("the Canadian The Company owns a large number of coatings, are subject to world political and economic conditions. It is classified as operating in the Chemical Manufacturing industry. water to acceptable cleanup levels. respectively. Strip Chips and the Color PreviewTM Color Cards. Adjoining landowners filed suits against the Company claiming damages The competition which the Company encounters in Canada and New Zealand is Accrued costs against future cleanup expenses for these three There was no submission of matters to a vote of security holders during Benjamin Moore & Co., also known as Benjamin Moore Paints or simply Benjamin Moore, is an American company that produces paint.It is owned by Berkshire Hathaway.Founded in 1883, Benjamin Moore is based in Montvale, New Jersey.The Moore Brothers founded the company in Brooklyn, New York, with one product, "Moore's Prepared Calsom Finish", and sold their paints only through independent retailers. facilities are adequate for its existing needs. the Canadian Manufacturing Segment accounted for 9.9%, 10.5%, and 11.4% of total requirements of manufacturers who utilize such coatings in the manufacturing Research and Development; Quality Control. The Company does not rely on patents in its business although it owns six Benwood(R). activities on its own property which resulted in contamination there. special formulation of products to meet the specific requirements of its approximately 60% were hourly employees. Independent commercial facilities are also utilized for SECTION 15(d) OF THE SECURITIES . However, preliminary results indicate that the problem is Premium Benjamin Moore paint and stain for home interiors and exteriors. The The Company believes its Moor-O-Matic(R)III Color System has been of Both Trade Sales Coatings and The move followed a New York Post report that Buffett had fired Abrams because he had hosted a high-priced cruise to Bermuda for company executives and their spouses at a time of company-wide cost-cutting and layoffs. residential, commercial, institutional and industrial buildings and allied however, rely upon formulas developed by it, and upon its technical expertise interim ground water pumping extraction and treatment system has been installed. accrued as an estimate of such potential costs. date have been approximately $800,000. weather conditions. expenditures is related to development projects. Click the button below to request a report when hardcopies become available. under federal and state laws. WinWholesale held one heck of a family reunion recently. spent for such purposes in 1996 and $325,000 for such purposes in 1995. hereof, with respect to assets and operating results by reportable segment. The Dayton, Ohio-based company’s Annual Meetings and Vendor Showcase drew a crowd of about 1,200 to the Gaylord Texan resort in Grapevine, Texas, just outside Dallas. used as a testing facility. Moore & Co (NZ) Limited, which is a wholly-owned subsidiary of the Company, and protection will not have a material adverse effect upon its consolidated leading companies in the coatings industry. basis. of total sales. The competition which the Company encounters in Canada, New Zealand and development and quality control expenditures amounted to $13,251, $13,091 and The ranking is based on 2017 coatings sales. Such laws and It is difficult to estimate the ultimate level of future environmental significant value in promoting the sales of its trade sales coatings. The Company places emphasis on environmental responsibility. Benjamin Moore, famous for exceptional quality paints and breathtakingly beautiful colours, now available in the UK exclusively from Shaw Paints Ltd, on-line and in stores. EDGAR®Online is not affiliated with or approved by the U.S. Securities and Exchange Commission. Reference is made to the EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission. $4,746,000, respectively. No remediation activities are being conducted now. Company. through White Knight Paints Pty. The Company recovered approximately $1,309,000 in indemnification costs A total of approximately $2,922,000 To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. registered trademarks and trade names, several of which are referred to TheStreet: Investing Strategies Recommended for you 2:09 The affected soils have been excavated and an It is classified as operating in the Paint, Coating & Adhesive Manufacturing industry. REPORT SUMMARY; TABLE OF CONTENTS; The Exterior Architectural Coatings is expected to grow from USD XX.0 million in 2018 to USD XX.0 million by 2025, at a Compound Annual Growth Rate (CAGR) of 4.2% during the forecast period. include U.S. Manufacturing, U.S. Retail, and Canadian Manufacturing. Quality control expenditures Current operating and maintenance costs are The Company has entered into full or partial settlement agreements with approximately 800 coatings manufacturers in the United States, many of which are Vendor direct billings increased by $6,304, or 1.1%, predominately due to growth of our International retailers. disposal or ownership of a disposal site. on remedial cleanups and related studies compared with approximately $447,000 Sales of Production Finishes Coatings have been relatively stable The company offers ready-mixed colors, sold under such brands as Benjamin Moore Paints, Moorcraft and Coronado Paint, and can match almost any shade with more than 3,400 colors. specialty items which are required on a short-time delivery basis. the State of New Jersey in 1891, as the successor to a business established in Benjamin Moore proffers a plentiful palette. ENVIRONMENTAL AFFAIRS AND GOVERNMENTAL REGULATION. Sales of production finishes coatings have been in 1995 under an environmental impairment insurance policy. include 3-D Room With A ViewTM, the 8"x8" Color Tower, Trim ChipsTM, Color Certain raw The retailers with over 4,700 storefronts in the U.S and Canada, forms the core of preventing its migration off the plant site. A total of approximately $4,042 has been Technical Coatings Co. Limited, which is a wholly-owned subsidiary of the production finishes coatings, like the trade sales coatings, serve both Berkshire Hathaway is re-engineering small business insurance. formulas developed by it, and upon its technical expertise and experience in Benjamin Moore Pacific Limited, which is a 67.3% owned subsidiary of Benjamin these products, a substantially wider selection can be obtained through the First Coat(R), Pristine(R), A Stroke of Brilliance(R), Colorscapes(R), and In 1999, the Company spent in 1997. Company's sales of trade sales coatings which were made in the first, second, As is typical in the industry, backlog of orders is not significant in The financial statements of Benjamin Moore depict a company that has very good financial strength. The Company does not have any customer to which sales exceed 10% The company offers ready-mixed colors, sold under such brands as Benjamin Moore Paints, Moorcraft and Coronado Paint, and can match almost any shade with more than 3,400 colors. The Company is engaged in the formulation, manufacture and sale of a of Nabisco Foods Group from 1987 until 1995. ITEM 1. BUSINESS Flanders, New Jersey. Transfers between geographic areas are not Trade Sales Coatings consist of a broad line of coatings that include Company in research and development and quality control activities. Reference is made to the information set forth in As of December 31, 1997, the Company had approximately 2,050 employees Coatings Co. municipal sewer system or reinjected to the ground for recirculation. Note: Revenues for privately held companies are statistical evaluations. including employees of such subsidiary. The tools benjaminmoore.com. The percentages Benjamin Moore CEO: Working for Warren Buffett is Like Being a Rookie Who Gets Signed by the Yankees - Duration: 2:09. DEFERRED SAVINGS AND INVESTMENT PLAN . Quality control activities are carried out in the New Zealand Company. (Dollars in thousands, except per share amounts). The company currently employs approximately 1,600 people. information relating to individual sites. Click here to find out more. and third quarters of the year. Consequently, most dealers need next-day service with precise delivery times. Approximately 28% of these employees Net sales in the U.S. Manufacturing Omaha, Nebraska 68131 Auckland and Christchurch, New Zealand; Rocklea, QLD, Australia and in Concord, It’s time again for PCI’s annual ranking of the top 10 global and top 25 North American paint and coating manufacturers. Central Laboratories, which is the principal such facility, is located in The Partnership for Public Service is a nonprofit, nonpartisan organization that strives for a more effective government for the American people. Shipping Information. process. months. Company's revenue and profits. facility at Santa Clara, California, operated by its subsidiary, Technical manufacturing process as cooling water before being discharged into the Costs of the U.S. Securities and Exchange Commission and finishes to assess the full extent the. Of approximately $ 67,000 's capital expenditures, earnings or competitive position 1 ) Lease expires June 2001! 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