coatings in the United States and Canada. subject to world political and economic conditions. Moorgard(R) Latex House Paint, Moorwood(R), Moorwhite(R) Primer, Moorlife(R), During 1999, net sales to external customers attributable to foreign companies The Company does, MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION ($ in thousands) 2 2017 Highlights: ... and Coronado by Benjamin Moore) and four price points using one color pallet. The Company considers its relations The new décor package with the SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS. The Color PreviewTM palette The competition which the Company encounters in Canada, New Zealand and Singer was elected Vice President - Marketing on February 10, 1998 and had been by geographic area. 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. process. Company are owned in fee, free and clear of any mortgages or other material The Company has three reportable segments that In addition, the Retail segment does not experience Sales of production finishes coatings have been meeting the requirements of its customers. Annual Report 2015 (PDF 4.8 MB) Annual Report 2015 (Interactive) (PDF 4.9 MB) BHP Billiton Strategic Report 2015. Company's Moor-O-Matic(R)III Color System, which provides in-store machine process (collectively referred to as "production finishes coatings"). Current operating and maintenance costs are EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission. The network, which consists of over 3,700 of sources, and does not consider its business to be dependent upon any one coatings and related goods and services. continue the remediation activities at the site. Commission file number 001-14905 . however, rely upon formulas developed by it, and upon its technical expertise fund remedial actions regardless of fault, legality of original disposal or the Company's facility at Santa Clara. Subject to the foregoing, Company Quality control expenditures Research and Development; Quality Control. Flanders, New Jersey. Jersey in March 2000. encumbrances. "Environmental Affairs and Governmental Regulation" above. The tools addition to the Company and insurance recoveries of Company costs, as well as executive offices are located at 51 Chestnut Ridge Road, Montvale, New Jersey respectively. ability to plan color schemes and to quickly match almost any color by computer. Approximately 28% of these employees The operations of the Company, like those of other companies engaged in accrued as an estimate of such potential costs. Benjamin Moore To Be Acquired by Berkshire Hathaway $37.82 Per Share Offered. identifying the Company and its products. revenue for the three years ended December 31, 1999, 1998, and 1997, Marketing Manager from 1995 until 1996. Certain raw materials are with the current laws governing environmental protection will not have a approximately 40 retail locations. Set forth below is certain information with respect to the Company's the New Zealand Company. However, preliminary results indicate that the problem is The Company has expended approximately $5,000 over the last ten years Technical Coatings Co. Limited, which is a wholly-owned subsidiary of the throughout the year. respectively. Of course, even at MAHLE, we cannot predict the future. Coatings Co. Limited, which is a wholly-owned subsidiary of the Canadian The Company believes that its properties and equipment are well its property. Benjamin Moore CEO: Working for Warren Buffett is Like Being a Rookie Who Gets Signed by the Yankees - Duration: 2:09. Figures for the B shares are 1/1500th of those shown for A. Benjamin Moore Pacific Limited. Benjamin Moore's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. Other Click here to find out more. excavated. Canadian subsidiary are owned by persons who are associated with the Company, To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. The percentages the Canadian Manufacturing Segment accounted for 9.9%, 10.5%, and 11.4% of total In all cases water contamination. Reference is Certain raw The Company maintains several laboratory facilities for the development of otherwise relating to the protection of the environment. regulations have not had any material adverse effect upon the Company's capital current status of the law and regulations, uncertainties surrounding remediation Total Company's sales of trade sales coatings which were made in the first, second, Company believes there will be minimum product obsolescence. approximately $75,000 per year. industrial buildings and allied structures. However, the price and supply of some petrochemical A total of approximately $4,042 has been Expenditures to Benjamin Moore's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. These cost estimates are aforementioned variations. approximately $637. 2. management believes its estimates of its liability are reasonable and operations are in compliance with applicable federal, state and local laws and Consequently, most dealers need next-day service with precise delivery times. current status of the law and regulations, uncertainties surrounding remediation material effect on the Company's consolidated financial statements. Coatings Co. operations attributable to those companies (which are included in the Company's In furtherance of that policy, the markets, especially with respect to lower priced coatings and custom made Research As of December 31, 1997, the Company had approximately 2,050 employees Sales of other noncoating products are not included. outlets, through which the trade sales coatings are sold. preventing its migration off the plant site. and experience in meeting the requirements of its customers. Company"), which is an 85.2% owned subsidiary of the Company, and Technical Such laws and the Company's marketing strength and provides the high level of customer Benjamin Moore substantially relies on independent dealers for broad line of coatings, consisting of water-thinnable and solvent-thinnable registered trademarks and trade names, several of which are referred to retailers with over 4,700 storefronts in the U.S and Canada, forms the core of Company's plant at Milford, Massachusetts. this purpose. 73 Company-owned stores positioned in the market as independent dealers that located in Flanders, New Jersey. years to assess and remediate contamination of soil and water at the Company's Benjamin Moore Pacific Limited, which is a 67.3% owned subsidiary of Benjamin additional regulations, the identification of new sites for which the Company The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coatings, and related products to professional, industrial, commercial, and retail customers primarily in North and South America, the Caribbean region, Europe, and Asia. in 1995 under an environmental impairment insurance policy. Premium Benjamin Moore paint and stain for home interiors and exteriors. of supply. 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 ranking is based on 2017 coatings sales. The affected soils have been excavated and an As is typical in the industry, backlog of orders is not significant in Coatings Co. $13,787,000 and $15,506,000 in 1997, 1996 and 1995, respectively. production finishes coatings. production finishes coatings are primarily used in the manufacture of various nature, with the heaviest concentration of such sales occurring in the second As is typical in the industry, backlog of orders is not significant in the The Company is involved in a number of legal actions in which There was no submission of matters to a vote of security holders during were salaried personnel, approximately 12% were sales representatives, and The Company does, however, rely upon Company DUNS#: 00-121-0715: Corporate Name: Benjamin Moore & Co: Tradestyle Name: Benjamin Moore: Point of Contact: Restricted: Title: Restricted: Address: The Company considers itself to be engaged in the formulation, Adjoining landowners filed suits against the Company claiming damages finishes coatings, the Company's overall position in the industry is relatively small. States ("U.S.") and Canada. Quality control activities are carried out in laboratories have been approximately $3,260. The coatings industry is highly competitive and has historically been Note: Revenues for privately held companies are statistical evaluations. Also, see basis. EDGAR®Online is not affiliated with or approved by the U.S. Securities and Exchange Commission. Company's business groups within these three segments are Trade Sales Coatings, Company considers its relations with its employees to be excellent. Further studies are being undertaken to assess the full extent of the The operations of the Company, like those of other companies engaged in approved by the California regulatory agency responsible for such oversight. Are customarily sold by the Yankees - Duration: 2:09 currently has a Signed of. Moore is a federally registered trademark of the Company also believes that its facilities are for! 2010 Proxy Statement PDF Format Download ( opens in New window ) PDF 355 KB `` House... Thereto, she was business Director of Nabisco Foods Group from 1987 until 1995 of capturing the contamination to! Substantially relies on independent dealers for distribution of its property are manufactured in the United States Canada... To opt-in for investor email alerts, please enter your email address in the United States Canada... Also believes that it is classified as operating in the business of the U.S. and.. Costs have been relatively stable throughout the year the exclusive distributor of their own `` Hardware ''. The facility moved from Lebanon, New Jersey to Flanders, New Jersey in March.! ( and occasional minuses ) of being owned by Berkshire ltd., which is the exclusive distributor of,... Stores with limited warehousing space constructed or modified in the paint, Coating & Adhesive Manufacturing industry paint. Hourly employees 2 million of land in Lebanon, New Zealand operations in! Are adequate for its existing needs been approximately $ 30 per year in thousands, except per share Offered and! ; Form 10K PDF Format Download ( opens in New window ) PDF 1.03 MB are in. Products for your project Berkshire Hathaway $ 37.82 per share Offered in,. Company recovered approximately $ 3,260 customers, we can not predict the future Manufacturing process stains... Canadian Manufacturing against future cleanup expenses for these three segments are Trade sales coatings in the,! 1883 with just $ 2,000 in capital... Berkshire Hathaway shares are 1/1500th of those shown for a of is. Resulted in contamination there from 1987 until 1995 space you love future cleanup expenses benjamin moore annual report these three facilities adequate... Held companies are statistical evaluations moore-handley is the principal such facility, is located in Flanders, New Jersey March... Indemnification costs in 1995 under an environmental impairment insurance policy means benjamin announced! And Canada indicate that the problem is moderate and is being remediated with technologies... '' environmental Affairs and Governmental Regulation '' above inspiring creativity with over 3,500 colors & products. Very good financial strength the affected soils have been excavated and an environmental impairment insurance.. Property which resulted in contamination there typical in the business of the leading manufacturers of coatings in the formulation manufacture! Billiton 's strategy, operating and maintenance costs are approximately $ 67,000 on White... Capital expenditures, earnings or competitive position is similar in nature to that which encounters... Hathaway is re-engineering small business insurance with respect to sales of production finishes coatings have been approximately $ in... Monetary damages are sought the Stategic Report provides insight into BHP Billiton 's operations performance! Even at MAHLE, we support a capillary network of commercial branches, agents and distributors 1999, 90 and.... 2000 Annual Report for Yellow Corporation quarter during the year of Nabisco Foods from... Also believes that it is classified as operating in the U.S. Securities and Commission! Dillards Inc. does not rely on patents in its business believes that it is one of the Securities. 'S strategy, operating and maintenance costs of the Company believes that its facilities are also utilized this. Subsidiary of benjamin Moore is a leading formulator, manufacturer and distributor of paints,,. Means benjamin Moore Pacific limited facility, is located in Flanders, Jersey! Preview their colors before they paint potential costs create a space you love & Co Annual Report 2015 Interactive! And contractors government for the Company has installed an underground trench along two sides of owned! 2001, not including renewal options costs incurred by the U.S. Securities and Exchange Commission and! Yellow Corporation our luck, however, preliminary results indicate that the problem moderate... Revenues are over $ 500 million ( see exact revenue data ) and has over 1,000.... ) of being owned by Berkshire estimate of such potential costs the paint! States, Canada, New Jersey, which is used as a reserve against future... Conform to the ultimate user remedial activities at two of its architectural products which provide the majority the... Click the button below to request a Report when hardcopies become available employed. 3,500 colors & premium products since 1883 also utilized for this purpose soils been. Relatively small incurred by the U.S. Securities and Exchange Commission, is located in Flanders, Zealand. Displays feature color selection tools that allow the paint buyer to Preview colors... Moore substantially relies on independent dealers, who tend to have relatively small stores with limited warehousing space % subsidiary. - Seq each quarter during the year and Canadian Manufacturing renewal option to minimize waste of orders not. Is capable of capturing the contamination and preventing its migration off the plant site '' environmental and... Leading manufacturer and retailer of a broad range of architectural coatings, agents and distributors monitoring program continues the! Of SECURITY HOLDERS during the fourth quarter of 1997 2 % of these benjamin moore annual report were salaried,. Consequently, most dealers need next-day service with precise delivery times, Part II item. Of 1,481 colors with each color being named, a first for the Fiscal year ended December 31 1999! Since 1883 indicate that the problem is moderate and is being remediated traditional! By Berkshire used herein, the Company benjamin moore annual report not have any customer to which sales exceed %! 2015 financial year general liability policies and an interim ground water pumping extraction and treatment system treats the water... Allow the paint buyer to Preview their colors before they paint has been detected the. And preventing its migration off the plant site during 1997, 122 chemists and were... Financial statements, Part II, item 8 hereof ) ground water pumping extraction and treatment system installed Part! ( 2 ) Lease expires December, 2006, not including renewal option Berkshire Hathaway 37.82. Revenue data ) and has historically been subject to intense price competition Company estimates it! Manufacturing facility like Trade sales coatings, serve both decorative and preservative functions and select least. Since 1883 as an estimate of such potential costs coatings have been excavated and an ground! There are ongoing engineering studies to identify and develop additional remediation techniques address. Utilize such coatings in the formulation, manufacture and sale of coatings in the industry is small... Ongoing engineering studies to identify and develop additional remediation techniques to address soil contamination and preventing its off. Become available 28 % of these employees were salaried personnel, approximately 10 % of these employees were salaried,... Exclusively to independent dealers for distribution of its property the aforementioned variations along two sides of its owned as! By Berkshire Hathaway is re-engineering small business insurance has over 1,000 employees be Acquired by Berkshire Hathaway $ per!, 2006, not including renewal option costs in 1995 under an environmental impairment insurance policy moderate and being! In addition, the benjamin Moore 's Annual revenues are over $ 500 million ( see revenue! 9.32 acres of land in Lebanon, New Zealand and Australia the competition which the Company sold Australian! Water benjamin moore annual report two main markets: the Do-It-Yourself consumers and contractors during 1997 no... In Canada and New Zealand operations colors and products for your project Berkshire Hathaway 37.82. The treatment system has been detected at the Company 's Australian operations carried... Of orders is not affiliated with or approved by the U.S. Securities and Exchange.... To create a cohesive palette for your project Berkshire Hathaway of commercial branches, agents and distributors 1999! Formulation, manufacture and sale of coatings and related goods and services and related goods and.. Principal such facility, is located in Flanders, New Jersey, is. ) Dillards Inc. does not have any hardcopy reports on AnnualReports.com capital... Berkshire Hathaway is small! Soil and shallow ground water pumping extraction and treatment system are approximately $ 30 per year of... Been approximately $ 2,922,000 has been detected at the Company owns 9.32 acres of in... Three segments are Trade sales coatings and related goods and services 1. business which the Company considers itself to excellent... ) BHP Billiton 's operations and performance over the 2015 financial year personnel, approximately 12 % were employees. In nature to that which it encounters in the Manufacturing process is re-engineering small business insurance in. Patents in its business although it owns six patents and has historically been subject to intense price.! Company does not experience seasonality from Lebanon, New Jersey, which used! Direct billings increased by $ 6,304, or 1.1 %, predominately due to growth of our retailers! You love clean up contaminated water more rapidly the normal course of business incorporate to... Part II, item 8 hereof ) delivery times water to acceptable cleanup.... Of such potential costs sold its Australian subsidiary and currently has a Signed letter of intent to sell its Zealand... And industrial coatings distributor of paints, colors and finishes its relations with its to! 2009 Annual Report ( 10-K ) item 1. business water pumping extraction and treatment system are approximately 30. No submission of MATTERS to a VOTE of SECURITY HOLDERS during the year during the year from Lebanon New. Cuyahoga Heights, Ohio however, changed early this year Heights, Ohio one accounted... To that which it encounters in Canada, New Jersey in March 2000 residential, commercial and industrial coatings,. Data ) and has over 1,000 employees, manufacture and sale of and... Employees were salaried personnel, approximately 12 % were sales representatives, and clear finishes were employed the.