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Minneapolis - The Frost Paint & Oil Corp., Minneapolis, and Davis Paint Manufacturers, Inc., Lynchburg, Va., jointly announced the merger of their businesses. The new company was named Davis-Frost, Inc.
Terms were not disclosed.
The Davis businesses, established in 1936, manufacture architectural and industrial coatings. Frost, founded in 1915, is a regional industrial paint manufacturer and processor of bodied linseed oil.
Davis-Frost, Inc. will employ more than 100 people and will continue operations at all existing facilities.
"This combination of two strong regional businesses will bring additional product and service capabilities to the combined …