Miller Paint forms alliance with Kelly-Moore Paint.Miller Paint Co., Inc. has announced that it will acquire the business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets and selected assets of 10 stores owned by Kelly-Moore Paint Company, Inc. The stores are all located in the Puget Sound Puget Sound (py `jĕt), arm of the Pacific Ocean, NW Wash., connected with the Pacific by Juan de Fuca Strait, entered through the Admiralty Inlet and extending in two arms c. , WA area. This alliance will increase Miller Paint's presence
in the region from eight to 17 stores, allowing them to better serve
their professional and retail customers. In addition, the deal will
expand the exclusive distribution of Kelly-Moore's architectural
paint products in the region through Miller Paint's current eight
store locations.
Miller will maintain and operate nine locations, while a tenth Kelly-Moore location in Kent, WA will be closed and consolidated into Miller Paint's existing Kent store. Miller Paint will maintain and eventually expand the distribution of the full line of Kelly-Moore products throughout Oregon, Washington, and northern Idaho. Kelly-Moore's store operations, employees, and professional outside sales teams have been transitioned over to Miller Paint. Kelly-Moore's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Steve DeVoe noted that "Now, our North-west customers will have the added convenience of finding Kelly-Moore products in more store locations than ever before. Ultimately, this strengthens our company. This partnership is specific to this market--it's not a new company direction overall or an indication of things to come in other markets." In the next two years, the company plans to add 13 new stores in its northern California Northern California, sometimes referred to as NorCal, is the northern portion of the U.S. state of California. The region contains the San Francisco Bay Area, the state capital, Sacramento; as well as the substantial natural beauty of the redwood forests, the northern market to complement the existing 141 Kelly-Moore store locations. |
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