RPM Opens Innovation Excellence Center

RPM International Inc. (NYSE: RPM) has officially opened its new Innovation Center of Excellence in Greensboro, North Carolina. The 60,000-square-metre state-of-the-art facility is described as RPM's first shared research and development centre. It was created to accelerate innovation for its customers by fostering collaboration among RPM companies and leveraging collective expertise. The facility represents a continuation of emerging collaboration developed through MAP 2025 initiatives. The Innovation Center of Excellence houses a significant portion of the industry's leading chemists and technical experts and is strategically located near institutions that cultivate top talent. Among other resources, the centre includes liquid and powder application laboratories, resin and analytical laboratories, sample production areas and formulation laboratory. The centre will also provide on-site customer training and application testing areas. Frank C. Sullivan, Chairman and Chief Executive Officer of RPM, said: "RPM companies have long been known as innovation leaders in the markets they serve. The Innovation Center of Excellence builds on this legacy by enabling these companies to leverage their collective strength to deliver solutions faster and more efficiently than they could accomplish individually." Source