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I'm still in denial.
RPM initiated the closing of 12 plants and intends to closeapproximately 19 more over the remainder of the 2020 MAP to Growthprogram. The company also launched MS 168, a manufacturing system thathas fundamentally changed the way its plants are managed by identifyingand executing on opportunities that drive greater manufacturing efficiencies,reduce operating costs and improve speed to market. Rolled out to16 plants so far, this new system has already resulted in millions of dollarsof cost savings across the enterprise.
I have been hearing about this for about a month now and more and more colors were being discontinued as I re-ordered ...
What puzzles me is what motivated RPM to acquire Testors, Floquil/Polly Scale and related lines in the first place. They're a mass marketer. I was very skeptical at the time since very few corporate takeovers at that level let minority product lines continue to live, especially products that aren't even a blip on the P&L. So my fears came to pass. Good for me.
Come on Mike, it is all about the profits and dividends for the share holders. ...
Has anyone confirmed this?There was a confirmed HOAX going around about six months ago stating this exact thing, which got everyone worked up until someone actually directly contacted Testors.
I keep mentioning this (in this thread). Like I said earlier: I'll believe it when Testors (or RPM) issues an official statement.EDIT: Um, it looks like there is some official info now. See http://www.modelcarsmag.com/forums/topic/146481-testor-brand-paints-discontinued-short-answer-no/page/3/?tab=comments#comment-2216931
EDIT: Um, it looks like there is some official info now. See http://www.modelcarsmag.com/forums/topic/146481-testor-brand-paints-discontinued-short-answer-no/page/3/?tab=comments#comment-2216931
What about Dullcote?