Friday, March 15, 2019

GORDON BRUSH MFG. CO. ACQUIRES SPECTRUM PAINT APPLICATOR CORP.

Date: 2019-03-15

CITY OF INDUSTRY, CA -- Gordon Brush Mfg. Co., Inc. has acquired the assets of Kirschner Brush Mfg. Company, located in Bronx, New York.

CITY OF INDUSTRY, CA -- Gordon Brush Mfg. Co., Inc. has acquired Spectrum Paint Applicator Corp., located in Newark, New Jersey. The Company's manufacturing and operations will be relocated and incorporated into Gordon Brush's 183,000 sq. ft., City of Industry, CA manufacturing facility.

Since 1945, Spectrum Brush has manufactured industrial and consumer paint brushes, paint rollers and artist brushes. Arthur Edelson, Spectrum's CEO, explains, "It’s time for us to step aside so that the Company can continue to grow. We felt that Gordon Brush® was the best fit to take Spectrum Brush to the next level, to continue our family tradition of individualized customer service, and to best manufacture our line of American made consumer, professional, and industrial paint applicators."

Ken Rakusin, President and CEO of Gordon Brush notes, "The acquisition of Spectrum Brush, our twelfth acquisition, consolidates Gordon Brush's reach in the paint brush category. Spectrum Brush will add to our stable of other acquired paint and artist brush companies. These include: Redtree Industries and Kirschner Brush in the paint brush and roller sector and Marx Brush in the artist brush sector. The Spectrum Brush acquisition dramatically enhances our scale, product offerings, and geographic reach — creating new synergies that better position us for future growth and investment in new and existing markets."

"It's another perfect fit for Gordon Brush® that ties into its mantra of being, Proud To Be An American Manufacturer™. This acquisition enhances the global product offering of Gordon Brush's line of paint and artist brushes and opens up new avenues for the manufacture of custom paint and artist brush products. As the demand for American made products increases, we are proud to be at the forefront of that movement."