Friday, December 18, 2015

Important Information About Duracoat Products

By Marci Nielsen


Duracoat is located in America. It is a big corporation that specializes in manufacturing and distributing coatings. Most of its client base is located in the US. However it makes significant income from sales in western countries like the United Kingdom, Germany, France, and Canada. Duracoat products are global brands with international recognition. The business operates under the paint industry and is among the biggest. Compared to its competitors, it control a significant market in Lawrence, KS.

The history of the company goes back several years in the past. The initial products it produced were usually basic coatings, but over time, the number of paints produced has grown very huge. Despite having financial difficulties in its infancy, the company has managed to overcome them and establish itself well in as far as financial position is concerned. Currently, it is among the most profitable corporations since it is a multi-million business.

Good management takes the praise for the wide portfolio of commodities manufactured. The company ranks high among some of the most well-managed firms in paint industry because it has had some of the best managers running it in the past. The philosophies and strategies adopted by most managers in the past have aimed to expand production and increase profitability in operations.

Almost all continents have satellite production factories because of superior management skills of managers. Some of the biggest production factories are in North America, Asia, Oceania, and Europe. In the long term, the company intends to open production factories in other parts of Asia where they lack, Latin America, and Africa.

The diverse product portfolio is also as a result of extensive research and development. Every year the firm invests millions of dollars to research and develop innovative coatings that solve real problems. That is why Duracoat can be attributed with inventing among the greatest coatings in the industry today. All management teams that have run the firm have always supported research and development, making some kind of a corporate culture.

Although production sites are not located on all continents, distributors are located everywhere. In order to ensure that commodities are supplied in all corners of the world, the corporation maintains a huge network of distributors in every country. Distributors are usually private investors who are given the authority to sell and distribute commodities to retail businesses. A good network of distributors, superior production methods, better management, and extensive research and development are the main sources of competitive advantage the business leverages on.

Consumers are attracted by low costs of products, which result from the various sources of competitive advantage. Since commodities are sold globally in different countries, prevailing economic situation in those countries determine prices. However, relative stability in prices is one thing that the management tries hard to achieve.

Duracoat is a manufacturer of all types of coatings and paints. The applications for the various coatings are diverse and they include appliance, garage door, rainwave, trim and sidewall, metal roofing, and truck trailer siding uses. The coatings are useful in offering resistance against erosion, corrosion, and oxidation. The commodities have been rated among the best.




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