RPM Opens Innovation Center of Excellence
RPM International Inc. (NYSE: RPM) has officially opened the doors to its new Innovation Center of Excellence in Greensboro, North Carolina. This 60,000-square-foot, state-of-the-art facility is the first shared research and development center for RPM companies. It is designed to foster partnership and harness collective expertise among RPM companies to accelerate innovation for their customers. The facility represents a continuation of the increased collaboration that has been developed through MAP 2025 initiatives.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240111708203/en/
![Ribbon-cutting ceremony for the new RPM Innovation Center of Excellence. (Photo: Business Wire)](https://mms.businesswire.com/media/20240111708203/en/1995669/4/ICG_Open_House_10.26.23-73.jpg)
Ribbon-cutting ceremony for the new RPM Innovation Center of Excellence. (Photo: Business Wire)
The Innovation Center of Excellence is home to many of the industry’s most brilliant chemists and technical minds and is strategically located near institutions that produce top talent. Features include liquid and powder application labs, resin and analytical labs, a sample production area, and a formulation lab, among other resources. It will also serve as a destination for onsite customer training and application trials.
Frank C. Sullivan, RPM chairman and CEO stated, “RPM companies have long been known as innovation leaders in the markets they serve. The Innovation Center of Excellence builds upon this legacy by allowing these companies to leverage their collective strengths to deliver solutions more quickly and efficiently than they could do on their own.”
About RPM
RPM International Inc. owns subsidiaries that are world leaders in specialty coatings, sealants, building materials and related services. The company operates across four reportable segments: consumer, construction products, performance coatings and specialty products. RPM has a diverse portfolio of market-leading brands, including Rust-Oleum, DAP, Zinsser, Varathane, DayGlo, Legend Brands, Stonhard, Carboline, Tremco and Dryvit. From homes and workplaces to infrastructure and precious landmarks, RPM’s brands are trusted by consumers and professionals alike to help build a better world. The company employs approximately 17,300 individuals worldwide. Visit www.RPMinc.com to learn more.
For more information, contact Matt Schlarb, Senior Director – Investor Relations, at 330-220-6064 or [email protected].
View source version on businesswire.com: https://www.businesswire.com/news/home/20240111708203/en/
RPM International Inc. Stock
With 7 Buy predictions and not the single Sell prediction the community is currently very high on RPM International Inc..
With a target price of 120 € there is a slightly positive potential of 12.15% for RPM International Inc. compared to the current price of 107.0 €.