Stonhard

Stonhard

Company type	Private company
Industry	Building Materials
Founded	1922;103 years ago (1922)
Founder	Benjamin Baldwin
Headquarters	Maple Shade, NJ , United States
Key people	Benjamin Baldwin (Founder), Greg Michael (President)
Products	Commercial flooring, epoxy flooring materials
Revenue	$260 Million
Number of employees	1,001-5,000
Website	www.stonhard.com

Stonhard is an American-based multi-national company specializing in manufacturing and installing high-performance epoxy, polyurethane and methyl methacrylate floor, as well as wall and lining products for industrial and commercial environments. It is an industrial brand of RPM International.

Stonhard is an ISO-9001 registered company and is headquartered in Maple Shade, NJ.

History

Formerly known as The Stonhard Company, Stonhard, a division of the Stoncor Group, was founded in 1922. Stonhard was privately owned until 1993, when it was acquired by RPM Inc. RPM acquired Stonhard in exchange for $105 million in RPM stock, ^[1] making Stonhard the largest RPM acquisition at the time. ^[2]

In 1997, RPM formed the RPM Performance Coatings group to manage Stonhard and other operations to provide total corrosion control packages to markets throughout the world.

Timeline

• 1922 - Stonhard established by Benjamin Baldwin in Cleveland, Ohio
• 1926 – Stonhard relocates to Philadelphia, Pennsylvania
• 1931 – Stonhard Ltd. opens in Canada
• 1956 – Macrae & Stork families acquire Stonhard
• 1958 – Stonhard launches Stonclad
• 1962 – Stonhard relocates to Maple Shade, New Jersey
• 1976 – Manufacturing Facility opens in Ft. Wayne, Indiana
• 1977 – Stonhard surpasses $10 million in sales
• 1988 – Stonhard surpasses $50 million in sales
• 1992 – Stonhard surpasses $100 million in sales
• 1992 – Stonhard launches Epoplex division
• 1993 – RPM International acquires Stonhard
• 2008 – Stonhard surpasses $250 million in sales
• 2016 – Office opens in Cherry Hill, New Jersey ^[3]

Leadership

• Benjamin Baldwin, Founder
• David Dennsteadt, President of RPM Performance Coatings
• Greg Michael, President of Stonhard

References

1. "Painting by the numbers". Smart Business. July 22, 2002.
2. "History of RPM, Inc". FundingUniverse. November 12, 2015.
3. "100 years". www.stonhard.com. Archived from the original on June 13, 2023. Retrieved July 23, 2023.