Saturday, December 26, 2015

What One Should Understand About Duracoat Products

By Marci Nielsen

Duracoat is an American company located in the United States. Its specialty is in production and supply of coatings. Duracoat products are global brands and can be purchased from any nation. However, most consumers are located in US, but other western countries like Canada, France, Germany, and the UK. In paint industry, Duracoat is counted as one of the biggest corporations. Its market share in Lawrence, KS, is significant in comparison to its competitors.

The company has been in existence for a very long time. It began with producing basic coatings, but has diversified the portfolio of its commodities to include a wide spectrum of paints. During the infant stages, the company was faced with a lot of financial difficulties, which have been solved over time. Currently, the corporation is a multi-million business that generates several millions of dollars every year from sales of commodities.

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.

As a result of the superior management, satellite production sites have been established on almost all the continents of the world. The biggest satellite production sites are located in North America, Europe, Oceania, and Asia. Plans to expand production into Africa, Latin America, and other parts of Asia are also part of the long-term strategic plan.

A diverse product portfolio is also attributable to enormous research and development efforts. The company invests several millions of dollars on funding research and development efforts as a way of remaining creative. As a result, some among the greatest inventions in the paint industry have been created by Duracoat. Aggressive research and development is a strategy that every management at the corporation has been able to embrace and support.

Distribution outlets are not the same as production sites because they can be found on all continents. The distribution network is maintained big so that supplies can reach all global consumers. Independent business people act as distributors to distribute commodities to retailers, but with the authority of the producer first. Competitive advantage for the commodities produced come from various sources including extensive research and development, low costs, better management, good distribution networks, and superior production techniques.

The various sources of competitive advantage have helped in driving costs for various commodities down to attract buyers. Prices fixed on commodities differ in different countries to suit the economic situation of country in question. However, prices tend to be relatively stable to avoid disparities.

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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