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Old 10-21-2013, 06:01 AM   #1
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Question Hello! Paint industry newbie here

Hi from Seattle, WA!

Unique situation here and would love some thoughts and advice!

I'm a technology entrepreneur by trade, but my family business is in paint manufacturing. The business is located in Asia (China and Taiwan, specifically) and it's been going for 50+ years.

They're doing well in the Asian market and have been looking at getting into the US, and asked me to help out. I have no idea where to start, or if this is even a good idea if the market is super crowded. Can be very competitive in pricing since we are the manufacturer. Would love any thoughts or even better, if you're in the industry and this seems like an interesting opportunity, would love to talk.
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Old 10-21-2013, 06:44 AM   #2
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Old 10-21-2013, 07:40 AM   #3
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Old 10-21-2013, 08:06 AM   #4
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Old 10-21-2013, 10:08 PM   #5
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Welcome to PT

Seems like the little fish keep getting gobbled up by the big fish in the paint making world here. I'm also in the Seattle area. Personally I'd stick to IT if I were you, but what do I know. What type of products do they manufacture?
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Old 10-21-2013, 10:43 PM   #6
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Quote:
Originally Posted by Damon T View Post
Welcome to PT

Seems like the little fish keep getting gobbled up by the big fish in the paint making world here. I'm also in the Seattle area. Personally I'd stick to IT if I were you, but what do I know. What type of products do they manufacture?
Welcome indeed! I second Damon. Local manufactures here have disappeared as well. Sucks to see, esp when the product is superb.
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Old 10-22-2013, 01:45 AM   #7
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I think we have enough "stuff" here from China.
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Old 10-22-2013, 02:55 PM   #8
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Step 1: If they haven't already, any overseas manufacturer needs to take a hard look at the stricter VOC regulations in effect here in the U.S., as compared to those generally more lenient ones found in some other areas of the world. Some products don't stand up to the hard-line modifications needed to sell in many areas of the U.S.; once those adjustments are made to make a product VOC compliant, it simply doesn't have the performance it used to. It can cost millions to reformulate products, and that would have to be done before one could even START to hopefully recoup that investment. There goes a good percent of that competitive pricing!
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