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Saturday, November 28, 2009, 6:53AM ET - U.S. Markets Closed. Dow Down 1.48% Nasdaq Down 1.73%
Valspar Corp. (VAL)On Nov 27: 25.90  Down 0.60 (2.26%)  
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Valspar Corp.
901-3rd Avenue South
Minneapolis, MN 55402
United States - Map
Phone: 612-851-7000
Web Site: http://www.valspar.com

DETAILS 
Index Membership:S&P 400 MidCap
S&P 1500 Super Comp
Sector:Industrial Goods
Industry:General Building Materials
Full Time Employees:N/A

BUSINESS SUMMARY 
The Valspar Corporation manufactures and distributes coatings, paints, and related products primarily in the United States and internationally. The company’s coatings include decorative and protective coatings for metal, wood, plastic, and glass, primarily for sale to original equipment manufacturer customers. These products consist of primers, top coats, varnishes, inks, sprays, stains, fillers, and other coatings used in a range of manufacturing industries, including building products, appliances, furniture, transportation, agricultural and construction equipment, metal packaging, and metal fabrication. It provides packaging product line, which comprises coatings for interior and exterior use in metal packaging containers, such as food containers and beverage cans; and coatings for aerosol and paint cans, bottle crowns for glass, plastic packaging, and bottle closures; general industrial product line that includes a single source for powder, liquid, and electrodeposition coatings technologies; coil coatings, which are applied to metal coils that are used to manufacture pre-engineered buildings and building components, and other metal building and architectural products and appliances; and wood product line, which consists of decorative and protective coatings for wood furniture, building products, cabinets, and floors. The company’s paints comprise architectural paints, such as interior and exterior paints, stains, primers, varnishes, and high performance floor paints; and specialty decorative products, such as enamels, aerosols, and faux finishes used in the do-it-yourself market. It also provides automotive refinish paints and aerosol spray paints. In addition, the company offers specialty polymers, gelcoats, colorants, and furniture protection plans. It distributes its products through home centers, mass merchants, hardware wholesalers, distributors, and independent dealers. The company was founded in 1806 and is based in Minneapolis, Minnesota.
Key Statistics

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    CORPORATE GOVERNANCE 
    Valspar Corp.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 47.7% of S&P 400 companies and 71.7% of Materials companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. William L. Mansfield , 61
    Chairman, Chief Exec. Officer and Chairman of Exec. Committee
    $ 2.11M $ 0
    Mr. Gary E. Hendrickson , 52
    Pres, Chief Operating Officer
    $ 973.00K $ 19.00K
    Ms. Lori A. Walker , 51
    Chief Financial Officer, Principal Accounting Officer and Sr. VP
    $ 671.00K $ 0
    Mr. Steven L. Erdahl , 57
    Exec. VP
    $ 963.00K $ 116.00K
    Mr. Rolf Engh , 56
    Exec. VP, Sec. and Gen. Counsel
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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