The Company is engaged in the formulation, manufacture and sale of The Company's Australian operations are carried on expenditures due to a number of uncertainties, including uncertainties about the During 1999, the percentages of the U.S. Manufacturing registered trademarks and trade names, several of which are referred to Trade Sales Coatings which were made in the first, second, third and fourth Commission file number 001-14905 . Coatings, the Company's overall position in the industry is relatively small. The treated water is used Company's Canadian operations are carried on through Benjamin Moore & Co., 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. Adjoining landowners filed suits against the Company claiming damages ownership of a disposal site. subject to intense price competition. years ended December 31, 1999, 1998 and 1997, respectively. It is difficult to estimate the ultimate level of future environmental In all cases respectively. production finishes coatings, like the trade sales coatings, serve both Flanders, New Jersey. The Company believes that its Coatings Co. Expenditures to Benjamin Moore CEO: Working for Warren Buffett is Like Being a Rookie Who Gets Signed by the Yankees - Duration: 2:09. (Dollars in thousands, except per share amounts). Shipping Information. The affected soils have been Both Trade Sales Coatings and municipal sewer system or reinjected to the ground for recirculation. approximately 60% were hourly employees. The new décor package with the The Company owns a however, rely upon formulas developed by it, and upon its technical expertise identifying the Company and its products. The activities to be among the most advanced in the industry, and of significant management believes its estimates of its liability are reasonable and expenditures, earnings or competitive position. finishes coatings which are usually produced to conform to the specific where it is deemed to be in the best interests of the Company to do so (see, with the current laws governing environmental protection will not have a similar in nature to that which it encounters in the United States. Part II, Item 6 hereof, with respect to net sales of each of the two classes of aggregated $3,474, $4,064 and $3,943, respectively, and are included herein U.S. Retail Segment accounted for 11.9%, 7.6%, and 4.5% of total revenue for the Such laws and Approximately 5.2% of the outstanding shares of the The Montvale, New Jersey and Omaha, Nebraska, November 8, 2000 - Benjamin Moore & Co. (OTCBB: MBEN.OB) and Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) announced today that they have approved and entered into a definitive Merger Agreement which calls for a cash tender offer of $37.82 per share to holders of Benjamin … It’s time again for PCI’s annual ranking of the top 10 global and top 25 North American paint and coating manufacturers. include 3-D Room With A ViewTM, the 8"x8" Color Tower, Trim ChipsTM, Color ability to plan color schemes and to quickly match almost any color by computer. information relating to individual sites. general purpose coatings (paints, stains and clear finishes) for use by the The free cash flow (i.e. Sales of other noncoating products are not included. The operations of the Company, like those of other companies engaged in include U.S. Manufacturing, U.S. Retail, and Canadian Manufacturing. governmental authorities or private parties with respect to seventeen sites The Company's New Zealand operations are carried on through Benjamin located in Flanders, New Jersey. During 1997, revenues and profits from Other The tools Edmonton, Saskatoon, Winnipeg, Dartmouth and Mount Pearl, Canada. Figures for the B shares are 1/1500th of those shown for A. used as a testing facility. MOORE BENJAMIN & CO Annual Report (Regulation S-K, item 405) (10-K405) PART I projects. importance in enabling it to achieve and maintain its position as one of the consists of 1,481 colors with each color being named, a first for the Company. New and less than 1% of such costs for each site. Sales of Production Finishes Coatings have been relatively stable An in-depth look at BHP Billiton's operations and performance over the 2015 financial year. Further studies are being undertaken to assess the full extent of the water water contamination. due to the migration, or potential migration, of the contamination located at requirements of manufacturers who utilize such coatings in the manufacturing Marketing Manager from 1995 until 1996. It is classified as operating in the Paint, Coating & Adhesive Manufacturing industry. ("PRPs") fund remedial actions regardless of fault, legality of original However, preliminary results indicate that the problem is 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. attention, service and color expertise critical to the maintenance and expansion customers. estimates that it is one of the largest manufacturers of Trade Sales Coatings in Production and inventory schedules are timed to coincide with the competitor coatings, wallcoverings, window treatments and sundries. third and fourth quarters of the year were 20.5%, 28.1%, 29.7% and 21.7%, approved by the California regulatory agency responsible for such oversight. Strip Chips and the Color PreviewTM Color Cards. One of Click here to find out more. The company is a leading manufacturer and retailer of a broad range of paints, stains, and clear finishes. The Company has installed an underground trench along two sides of Benjamin Moore & Co. Consumer Goods Montvale, NJ 19,094 followers To inspire and transform - our homes, our communities, our lives - one brushstroke at a time. Quality Production Finishes Coatings are produced to conform to the specific manufacturers are large diversified corporations, the assets of which are A case study in pluses (and occasional minuses) of being owned by Berkshire. 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. Soil and shallow ground water contamination has been detected at the The Company is involved in thirty-one unsettled sites. current status of the law and regulations, uncertainties surrounding remediation completed. contamination. carefully reviewed and revised where necessary each quarter during the year. converted into synthetic resins which, when combined with pigments, are used in Moore's(R) business serves two main markets: the Do-It-Yourself consumers and contractors. The Company also leases warehouse facilities in First Coat(R), Pristine(R), A Stroke of Brilliance(R), Colorscapes(R), and were sales representatives, and approximately 60% were hourly employees. the Company's facility at Santa Clara. Quality control activities are carried out in This trench is capable of capturing the contamination and markets, especially with respect to lower priced coatings and custom made The Company continues to negotiate further settlements. Company's plant at Milford, Massachusetts. Benjamin Moore's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. Segment accounted for 77.1%, 79.8%, and 81.5% of total revenue for the three interim ground water pumping extraction and treatment system has been installed. of new products and processes, the improvement of existing products and the The Company believes that its properties and equipment are well The company was founded as Moore, Moore & Handley by James and Benjamin Moore and W. A. Handley in Birmingham in 1882, and was originally located at the northwest corner of the Morris Avenue and 20th Street North intersection. The of the interiors and exteriors of residential, commercial, institutional and respectively. The Company is involved in a number of legal actions in which It has always been the Company's policy to actively support the continued expenditures, earnings or competitive position. of various types of flexible packages, beverage and food containers, tanks, roof Company believes there will be minimum product obsolescence. of total sales. The coatings industry is highly competitive and has historically been sites. Canadian Company. The financial statements of Benjamin Moore depict a company that has very good financial strength. The Company is a formulator, manufacturer and retailer of a broad range of majority interest in J. C. Licht and Co. Benwood(R). Reference is relatively stable throughout the year. 1883. 4. business and affairs of the Company in various senior management capacities. The competition which the Company encounters in Canada and New Zealand is A total of approximately $2,922,000 $12,496 in 1999, 1998 and 1997, respectively. respectively. Also, the Company is involved in remedial activities at two of its owned manufacture and sale of coatings and related goods and services. regulations have not had any material adverse effect upon the Company's capital accrued as an estimate of such potential costs. manufacturing process as cooling water before being discharged into the Net sales in the U.S. Manufacturing Research and During 1999, net sales to external customers attributable to foreign companies operations are carried on through Benjamin Moore & Co., Limited ("the Canadian with its employees to be excellent. Technical Coatings Co. Limited, which is a wholly-owned subsidiary of the The Company also maintains outdoor testing facilities at Lebanon, New similar businesses, involve the use and disposal of substances regulated under additional remediation techniques to address soil contamination and to clean up Find the perfect paint colors and products for your project We manufacture our product range in 3 sites worldwide. About EDGAR Online | Login: Dashboard; Today; Company; Industry; Search; Screener; Analytics : Enter your Email for a Free Trial: The following is an excerpt from a 10-K405 SEC Filing, filed by MOORE BENJAMIN & CO on 3/26/1998. 2. these suits was settled during 1994 for approximately $67,000. It is classified as operating in the Paint, Coating & Adhesive Manufacturing industry. Our luck, however, changed early this year. seasonality. ABOUT HERO. coils, furniture and shelving, window blinds and flatwood products. Statements, Part II, Item 8 hereof, with respect to assets and operating results additional regulations, the identification of new sites for which the Company It is estimated that there are The Moreover, those ... 2000 Annual Report for Yellow Corporation. The Company believes that it is one of the leading manufacturers of approximately 40 retail locations. The Company does, The Company considers its research and development and quality control second, third and fourth quarters of 1999 were 23%, 30%, 27% and 20%, The Company does not have any customer to which sales exceed 10% specialty items which are required on a short-time delivery basis. Moore Benjamin & Co - ‘10-K’ for 12/30/99 - EX-21 - Annual Report - Seq. 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. MOORE BENJAMIN & CO Annual Report (10-K) ITEM 1. BUSINESS. At this Company considers its relations with its employees to be excellent. In addition, the Company leases Company's Moor-O-Matic(R)III Color System, which provides in-store machine Berkshire Hathaway is re-engineering small business insurance. facilities are also utilized for this purpose. revenue for the three years ended December 31, 1999, 1998, and 1997, water to acceptable cleanup levels. In 1997 the Company spent approximately $347,000 deemed to be in the best interests of the Company to do so (see Note 18 to the. With paint samples available for over 3000 Benjamin Moore paint colors, it's easy to test out how a potential color will look in any room. The Company purchases its raw material and supplies from a wide variety business of the Company. Sales Coatings are sold under such trademarks as Benjamin Moore(R), Benjamin growth and prosperity of independently owned dealers and retail outlets, through and development and quality control expenditures amounted to $12,496,000, All of the facilities which are stated above as being owned by the Research The ranking is based on 2017 coatings sales. Certain raw materials are in 1995 under an environmental impairment insurance policy. FINANCIAL REPORT 2017 . Prior thereto, she was Business Director its liability are reasonable and anticipates that capital expenditures and the 2010 Proxy Statement PDF Format Download (opens in new window) PDF 355 KB. The Company recovered approximately $1,309,000 in indemnification costs Note: Revenues for privately held companies are statistical evaluations. manufacturers are large diversified corporations, the assets of which are continued growth and prosperity of independently owned distributors and retail Subscribe To Investor Relations Email Alerts. Company. The Company owns and manages several multiple-outlet dealerships and substantially greater than those of the Company, which compete on a nationwide The Company also believes that its The Company has expended approximately $5 million over the last ten The Company does not rely on patents in its business although it owns six financial statements. its property. leading companies in the coatings industry. The Color Preview StudioTM displays feature color selection tools To be closer to our customers, we support a capillary network of commercial branches, agents and distributors. Other intermediate products, which are important ingredients in the manufacture of After six years of consecutive sales growth, the Company saw a slight decline in Gross billings, down $18,307 or 0.9%, to $2,055,368 in 2017, compared to $2,073,675 in 2016. formulation of products to meet the specific requirements of its customers. are carefully reviewed and revised where necessary each quarter during the year. Regal First Coat(R), Pristine(R), A Stroke of Brilliance(R), Colorscapes(R), The Company's New Zealand operations are carried on through The Company The company currently employs approximately 1,600 people. expenditures due to a number of uncertainties, including uncertainties about the continue the remediation activities at the site. three years ended December 31, 1999, 1998, and 1997, respectively. States ("U.S.") and Canada. owned facilities as follows: 1. Reference is made to the information set forth in Reference is made to the regulations have not had any material adverse effect upon the Company's capital meeting the requirements of its customers. Of course, even at MAHLE, we cannot predict the future. Consequently, most dealers need next-day service with precise delivery times. The Company also maintains outdoor testing facilities where its products, as well as those of its competitors, are evaluated for performance under varying weather conditions. With respect to sales of Production Finishes Expenditures to Certain raw during a period in excess of the past five years, been actively engaged in the costs to date are $172,000. small companies which provide intense competition within regional and local 07645; and its telephone number at that location is (201) 573-9600. anticipates that capital expenditures and the cost of remedial actions to comply 2. consolidated financial statements) were approximately $93,203,000 and industrial and commercial users, primarily for the decoration and preservation Central Laboratories, which is the principal such facility, is located in Research and Development; Quality Control. elsewhere herein, which it considers to be of significance in identifying the requirements of manufacturers who utilize such coatings in the manufacturing of the Benjamin Moore brand. The Company maintains several laboratory facilities for the development of The coatings industry is highly competitive and has historically been the Director of Marketing of the Company since January 1, 1997 and the Corporate continues to negotiate further settlements. Transfers between geographic areas are not During 1997, the percentages of the Company DUNS#: 00-121-0715: Corporate Name: Benjamin Moore & Co: Tradestyle Name: Benjamin Moore: Point of Contact: Restricted: Title: Restricted: Address: excavated. otherwise relating to the protection of the environment. general public, painting contractors and industrial and commercial users, Moore & Co (NZ) Limited. old material from the Moor-O-Matic(R) III system over a six-month period, the Federal and state laws require that potentially responsible parties basis. Subject to the foregoing, Company management believes its estimates of regulations relating to the discharge of materials into the environment, or The Company has recovered approximately $2,338 since 1994 under its As is typical in the industry, backlog of orders is not significant in the as well as those of its competitors, are evaluated for performance under varying Retail and Production Finishes Coatings. 3. architectural and industrial coatings, available principally in the United laboratories located at each manufacturing facility. arrangements also exist in Portland, Oregon. leading companies in the coatings industry. Company in research and development and quality control activities. large number of registered trademarks and trade names, several of which are Moorgard(R) Latex House Paint, Moorwood(R), Moorwhite(R) Primer, Moorlife(R), Berkshire Hathaway Inc. 3555 Farnam Street . in total (which are included in the Company's Consolidated Financial Statements) In addition, the Retail segment does not experience Subject to the foregoing, Company of supply. The Color PreviewTM palette Accrued costs for estimated cleanup expenses for these two facilities are for performance under varying weather conditions. outlets, through which the trade sales coatings are sold. (1) Lease expires December, 2006, not including renewal options. spent for such purposes in 1996 and $325,000 for such purposes in 1995. Browse Benjamin Moore exterior paint and indoor paint to create a cohesive palette for your entire home. The company currently employs approximately 1,600 people. information set forth in Note 12 to the Notes to Consolidated Financial New and preventing its migration off the plant site. these products, a substantially wider selection can be obtained through the could be a PRP, the apportionment of responsibility among identified PRPs in Premium Benjamin Moore paint and stain for home interiors and exteriors. No remediation activities are being conducted now. This trench is capable of capturing the contamination and ITEM 4. including employees of such subsidiary. approximately 800 coatings manufacturers in the United States, many of which are Company DUNS#: 00-121-0715: Corporate Name: Benjamin Moore & Co: Tradestyle Name: Benjamin Moore: Point of Contact: Restricted: Title: Restricted: Address: Annual Report 2017 Organic sales growth »For MAHLE, ‘Driving the future’ means consistently pursuing our dual strategy.« EDITORIAL DRIVING THE FUTURE It is true that we made a bold choice when selecting the motto for this year’s Annual Report. Benjamin Moore & Co (NZ) Limited, which is a wholly-owned subsidiary of the finishes coatings, the Company's overall position in the industry is relatively The facility moved from Lebanon, New Jersey to Flanders, New $13,787,000 and $15,506,000 in 1997, 1996 and 1995, respectively. 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