Feb. 5, 2008 - The National Paint &
Coatings Association (NPCA) and the Federation of Societies for Coatings
Technology (FSCT) have signed a Memorandum of Agreement, which outlines
the details of a prospective merger of the two organizations. The agreement
describes a "governance merger" that will consolidate the governance,
management, and administrative functions of both groups under NPCA, while
preserving each organization's separate identities, operations, functions,
and member services. NPCA and FSCT will remain as separate organizations
managed through a common governing structure.
As part of the merger, FSCT and NPCA have
agreed to combine the International Coatings Expo (ICE) with the American
Coatings Show and Conference (ACS) to be held on June 2-5, 2008, in Charlotte,
NC. With the combination of ICE into the ACS, ICE 2008 in Chicago will
be canceled. NPCA and FSCT will fully endorse and support the American
Coatings Show as the premier exhibition for the coatings industry.
In addition, NPCA and FSCT will endorse
and support the FSCT's international technology conference, FutureCoat!,
which will continue as the signature science and technology event for the
industry and a forum for FSCT's Annual Meeting. A complement to the American
Coatings Conference, FutureCoat! will be held in the fall of 2008
in Chicago and feature multi-track educational programming focused on Globally
Responsible Coatings. NPCA and FSCT have agreed to explore the possibility
of holding FutureCoat! in conjunction and/or in cooperation with
future American Coatings Shows and American Coatings Conferences and/or
the NPCA Annual Meeting and Leadership Conference. NPCA and FSCT also have
agreed to coordinate future planning of the American Coatings Show and
Conference and FutureCoat! to avoid conflicts for participants and
to ensure the most effective and efficient use of industry resources.
NPCA President Andy Doyle and FSCT Executive
Director Joe Pontoski issued the following joint statement:
"NPCA and FSCT view FSCT as the leading
technical and scientific educational organization for the industry and
NPCA as the leading advocacy and public policy based organization for the
industry. NPCA and FSCT fully endorse membership in and the programs and
activities of both organizations. NPCA and FSCT are committed to combining
their resources and expertise for the greater benefit of the industry.
The purpose of integrating the management and financial resources of both
parties is to enhance the overall quality and breadth of programs and services
provided to the industry and to efficiently and effectively apply resources
to industry priorities. In addition, we recognize that an important
aspect of a successful merger of our two organizations is a continued affiliation
and effective interaction with the industry's network of local societies,
councils, and associations, and the Coatings Industry Education Foundation.
We not only expect our relationship with these groups to continue, but
to be enhanced and expanded."
NPCA and FSCT have agreed to an action
plan to finalize the merger. FSCT's Board of Directors has already approved
the Memorandum of Agreement and has recommended approval to its membership;
NPCA's Board of Directors will take formal action on the Agreement at its
meeting on March 19. Following a decision by NPCA's Board, the Agreement
will be submitted to the FSCT general membership for approval beginning
on March 21. Voting by the FSCT membership will likely take place between
April 21 and May 2, 2008, for all members of record as of February 29,
2008. All aspects of the merger are expected to be completed by June 3,
2008.
NPCA is a voluntary, nonprofit trade
association representing paint and coatings manufacturers, raw materials
suppliers and distributors. As the preeminent organization representing
the paint and coatings industry in the United States, NPCA's primary role
is to serve as ally and advocate on legislative, regulatory, and judicial
issues at the federal, state and local levels.
The Federation of Societies for Coatings
Technology is the leader in technical education and professional development
for the international coatings industry. Founded in 1922 as the Federation
of Paint and Varnish Production Clubs, the FSCT has grown to consist of
26 Constituent Societies: 22 in the United States, two in Canada, and one
each in the United Kingdom and Mexico. The organization's membership is
involved in research and development, supervisory production and engineering,
and technical sales/service regarding the formulation, testing, and manufacture
of coatings. FSCT sponsors globally recognized programs such as FutureCoat!
and the Advancements in Coatings Series, and publishes the Journal of Coatings
Technology and Research and JCT CoatingsTech.
Feb. 5, 2008 - The National Paint &
Coatings Association (NPCA) and the Federation of Societies for Coatings
Technology (FSCT) have signed a Memorandum of Agreement, which outlines
the details of a prospective merger of the two organizations. The agreement
describes a "governance merger" that will consolidate the governance,
management, and administrative functions of both groups under NPCA, while
preserving each organization's separate identities, operations, functions,
and member services. NPCA and FSCT will remain as separate organizations
managed through a common governing structure.
As part of the merger, FSCT and NPCA have
agreed to combine the International Coatings Expo (ICE) with the American
Coatings Show and Conference (ACS) to be held on June 2-5, 2008, in Charlotte,
NC. With the combination of ICE into the ACS, ICE 2008 in Chicago will
be canceled. NPCA and FSCT will fully endorse and support the American
Coatings Show as the premier exhibition for the coatings industry.
In addition, NPCA and FSCT will endorse
and support the FSCT's international technology conference, FutureCoat!,
which will continue as the signature science and technology event for the
industry and a forum for FSCT's Annual Meeting. A complement to the American
Coatings Conference, FutureCoat! will be held in the fall of 2008
in Chicago and feature multi-track educational programming focused on Globally
Responsible Coatings. NPCA and FSCT have agreed to explore the possibility
of holding FutureCoat! in conjunction and/or in cooperation with
future American Coatings Shows and American Coatings Conferences and/or
the NPCA Annual Meeting and Leadership Conference. NPCA and FSCT also have
agreed to coordinate future planning of the American Coatings Show and
Conference and FutureCoat! to avoid conflicts for participants and
to ensure the most effective and efficient use of industry resources.
NPCA President Andy Doyle and FSCT Executive
Director Joe Pontoski issued the following joint statement:
"NPCA and FSCT view FSCT as the leading
technical and scientific educational organization for the industry and
NPCA as the leading advocacy and public policy based organization for the
industry. NPCA and FSCT fully endorse membership in and the programs and
activities of both organizations. NPCA and FSCT are committed to combining
their resources and expertise for the greater benefit of the industry.
The purpose of integrating the management and financial resources of both
parties is to enhance the overall quality and breadth of programs and services
provided to the industry and to efficiently and effectively apply resources
to industry priorities. In addition, we recognize that an important
aspect of a successful merger of our two organizations is a continued affiliation
and effective interaction with the industry's network of local societies,
councils, and associations, and the Coatings Industry Education Foundation.
We not only expect our relationship with these groups to continue, but
to be enhanced and expanded."
NPCA and FSCT have agreed to an action
plan to finalize the merger. FSCT's Board of Directors has already approved
the Memorandum of Agreement and has recommended approval to its membership;
NPCA's Board of Directors will take formal action on the Agreement at its
meeting on March 19. Following a decision by NPCA's Board, the Agreement
will be submitted to the FSCT general membership for approval beginning
on March 21. Voting by the FSCT membership will likely take place between
April 21 and May 2, 2008, for all members of record as of February 29,
2008. All aspects of the merger are expected to be completed by June 3,
2008.
NPCA is a voluntary, nonprofit trade
association representing paint and coatings manufacturers, raw materials
suppliers and distributors. As the preeminent organization representing
the paint and coatings industry in the United States, NPCA's primary role
is to serve as ally and advocate on legislative, regulatory, and judicial
issues at the federal, state and local levels.
The Federation of Societies for Coatings
Technology is the leader in technical education and professional development
for the international coatings industry. Founded in 1922 as the Federation
of Paint and Varnish Production Clubs, the FSCT has grown to consist of
26 Constituent Societies: 22 in the United States, two in Canada, and one
each in the United Kingdom and Mexico. The organization's membership is
involved in research and development, supervisory production and engineering,
and technical sales/service regarding the formulation, testing, and manufacture
of coatings. FSCT sponsors globally recognized programs such as FutureCoat!
and the Advancements in Coatings Series, and publishes the Journal of Coatings
Technology and Research and JCT CoatingsTech.