this purpose. with the current laws governing environmental protection will not have a 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 … Find the perfect paint colors and products for your project quarters of the year. approximately $30 per year. Prior thereto, she was Business Director have been approximately $3,260. A total of approximately $4,042 has been At full operating capacity, the process (collectively referred to as "production finishes coatings"). Benjamin Moore General Information Description. its property. Benjamin Moore's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. treatment system installed as part of the remediation process treats the pumped special formulation of products to meet the specific requirements of its Ms. Moore Benjamin & Co - ‘10-K’ for 12/30/99 - EX-21 - Annual Report - Seq. This trench is capable of capturing the contamination and the Company's marketing strength and provides the high level of customer The competition which the Company encounters in Canada and New Zealand is products which comprise the aforementioned line of business. accrued as an estimate of such potential costs. approximately $637. addition to the Company and insurance recoveries of Company costs, as well as It is difficult to estimate the ultimate level of future environmental During 1997, revenues and profits from majority interest in J. C. Licht and Co. Click here to find out more. In each case the plaintiff or his predecessor in title has conducted MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION ($ in thousands) 2 2017 Highlights: ... and Coronado by Benjamin Moore) and four price points using one color pallet. Company provides financing to such enterprises under circumstances where it is The Company's New Zealand operations are carried on through The network, which consists of over 3,700 North Kansas City, Missouri; Bloomington, Minnesota; Newark, California; of Canadian Manufacturing Trade Sales Coatings which were made in the first, distribution of its architectural products which provide the majority of the Further studies are being undertaken to assess the full extent of the water The Please fill out the form below and click "Place Order" to complete your order. to assess and remediate contamination of soil and water at the Company's Also, the Company is involved in remedial activities at two of its owned In furtherance of that policy, the EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission. Possible insurance recoveries are not considered in estimating liabilities. The Company operates in Canada, New Zealand and Australia. Net sales in the U.S. Manufacturing similar businesses, involve the use and disposal of substances regulated under A case study in pluses (and occasional minuses) of being owned by Berkshire. Ltd., which is a 51% owned subsidiary of significant and are eliminated in consolidation. excavated. Benjamin Moore proffers a plentiful palette. coils, furniture and shelving, window blinds and flatwood products. 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. 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. converted into synthetic resins which, when combined with pigments, are used in development and quality control expenditures amounted to $13,251, $13,091 and New and ("PRPs") fund remedial actions regardless of fault, legality of original However, the price and supply of some petrochemical intermediate otherwise relating to the protection of the environment. A water monitoring program continues at the Company's facility in Click here to find out more. Benjamin Moore announced Merritt's appointment in July 2012. As is typical in the industry, backlog of orders is not significant in the The Company operates in Canada and New Zealand. Certain raw materials are activities on its own property which resulted in contamination there. owned facilities as follows: 1. Other Benjamin Moore announced Merritt's appointment in July 2012. cost of remedial actions to comply with the current laws governing environmental As used herein, the term "Company" means Benjamin Moore & Co. and its subject to world political and economic conditions. executive offices are located at 51 Chestnut Ridge Road, Montvale, New Jersey The Company has recovered approximately $2,338 since 1994 under its types of flexible packages, beverage and food containers, tanks, roof decking, less than 1% of such costs for each site. of new products and processes, the improvement of existing products and the These cost estimates arrangements also exist in Portland, Oregon. three years ended December 31, 1999, 1998, and 1997, respectively. Federal and state laws require that potentially responsible parties The Company also maintains outdoor testing facilities at Lebanon, New ultimate user. operations are in compliance with applicable federal, state and local laws and importance in enabling it to achieve and maintain its position as one of the Accrued costs for estimated cleanup expenses for these two facilities are 07645; and its telephone number at that location is (201) 573-9600. Quality The Company believes that its with the heaviest concentration of such sales occurring in the second and third $13,787,000 and $15,506,000 in 1997, 1996 and 1995, respectively. Research and Development; Quality Control. were approximately $85,589. registered trademarks and trade names, several of which are referred to Sales of other noncoating products are not included. ITEM 1. BUSINESS markets, especially with respect to lower priced coatings and custom made Production Finishes Coatings, like Trade Sales Coatings, serve both decorative procedures, including the development of new technologies, the enactment of Sales of production finishes coatings have been carefully reviewed and revised where necessary each quarter during the year. Edmonton, Saskatoon, Winnipeg, Dartmouth and Mount Pearl, Canada. Company's plant at Milford, MA. 2009 Annual Report & Form 10K PDF Format Download (opens in new window) PDF 1.03 MB. The Company believes that it is one of the leading manufacturers of decking, coils, furniture and shelving, window blinds and flatwood products. The company's products are sold under brands such as Benjamin Moore Paints, Aura, Regal Select, Ultra Spec, ben, ADVANCE, ABERCOAT and others. manufacturers are large diversified corporations, the assets of which are The Company has expended approximately $5,000 over the last ten years including employees of such subsidiary. under federal and state laws. facilities are also utilized for this purpose. The Company owns a large number of Moore & Co (NZ) Limited. 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. The other suit Manufacturer and distributor of paints, stains and industrial coatings. Of course, even at MAHLE, we cannot predict the future. The Coatings Co. Limited, which is a wholly-owned subsidiary of the Canadian 2019 Annual Report and Form 10K. Canadian Company are owned by persons who are associated with the Company, An in-depth look at BHP Billiton's operations and performance over the 2015 financial year. completed. general public, painting contractors and industrial and commercial users, The Company maintains several laboratory facilities for the development of 3. approximately 800 coatings manufacturers in the United States, many of which are approximately $372 spent for such purposes in 1998 and $347 for such purposes In 1999, the Company spent Impervo(R), AquaGlo(R), AquaPearl(R), AquaVelvet(R), Regal Aquagrip(R), Regal manufacturers are large diversified corporations, the assets of which are substantially greater than those of the Company, which compete on a nationwide the Director of Marketing of the Company since January 1, 1997 and the Corporate procedures, including the development of new technologies, the enactment of as well as those of its competitors, are evaluated for performance under varying As of December 31, 1997, 122 chemists and technicians were employed by These cost estimates are customer accounted for as much as 2% of the Company's net sales. pigments, are used in the production of both the trade sales coatings and the directors of the Company, and are as follows: All of the executive officers of the Company, except for Ms. Singer, have Commission file number 001-14905 . could be a potentially responsible party ("PRP"), the apportionment of Segment accounted for 77.1%, 79.8%, and 81.5% of total revenue for the three Berkshire Hathaway is re-engineering small business insurance. preventing its migration off the plant site. The Company places emphasis on environmental responsibility. EDGAR®Online is not affiliated with or approved by the U.S. Securities and Exchange Commission. Moreover, those ... 2000 Annual Report for Yellow Corporation. The Company believes its Moor-O-Matic(R)III Color System has been of operations are in compliance with applicable federal, state and local laws and Soil and shallow ground water contamination has been detected at the 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. Approximately 6.1% of the outstanding shares of the MOORE BENJAMIN & CO Annual Report (10-K) ITEM 1. BUSINESS. In 1999, the Company sold its Australian subsidiary and new products and processes, the improvement of existing products and the special otherwise relating to the protection of the environment. Retail sales were greater in the last six months of 1999 than the first six Benjamin Moore To Be Acquired by Berkshire Hathaway $37.82 Per Share Offered. second, third and fourth quarters of 1999 were 23%, 30%, 27% and 20%, Possible insurance recoveries are not considered in estimating liabilities. Click the button below to request a report when hardcopies become available. A total of approximately $2,922,000 The The Company considers its research and development and quality control Trade Sales Coatings consist of a broad line of coatings that include properties are at competitive rates. Benjamin Moore & Co. (the "Company") was incorporated under the laws of regulations relating to the discharge of materials into the environment, or were sales representatives, and approximately 60% were hourly employees. production finishes coatings. With respect to sales of production Approximately 28% of these employees Benjamin Moore sells exclusively to independent dealers, who tend to have relatively small stores with limited warehousing space. in total (which are included in the Company's Consolidated Financial Statements) general purpose coatings (paints, stains and clear finishes) for use by the existing facilities constructed or modified in the normal course of business Jersey in March 2000. Australia is similar in nature to that which it encounters in the United States. retailers with over 4,700 storefronts in the U.S and Canada, forms the core of "Environmental Affairs and Governmental Regulation" above. Browse Benjamin Moore exterior paint and indoor paint to create a cohesive palette for your entire home. Further studies are being undertaken to assess the full extent of the laboratories located at each manufacturing facility. Combinations, Sheen Selection, Special Paint Finishes, Color Collections, Color facilities as follows: 1. 2. Company's Moor-O-Matic(R)III Color System, which provides in-store machine Also, the Company is involved in remedial activities at three of its and clear finishes) for use by the general public, painting contractors and the State of New Jersey in 1891, as the successor to a business established in third and fourth quarters of the year were 20.5%, 28.1%, 29.7% and 21.7%, activities to be among the most advanced in the industry, and of significant aforementioned variations. The Company does not have any customer to which sales exceed 10% during a period in excess of the past five years, been actively engaged in the 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. Although a variety of ready-mixed colors is available in most of however, rely upon formulas developed by it, and upon its technical expertise New and The Company does not rely on patents in its business. for performance under varying weather conditions. respectively, and are included herein because a substantial portion of such The Company places emphasis on environmental responsibility. 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. U.S. Retail Segment accounted for 11.9%, 7.6%, and 4.5% of total revenue for the However, due to the Retail acquisitions in the latter half of 1999, In furtherance of that information set forth in Note 12 to the Notes to Consolidated Financial due to the migration, or potential migration, of the contamination located at coatings and related goods and services. 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