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Yenkin-Majestic Paint Corporation and Multiquimica Dominicana have formed a joint venture, OPC Polymers LLC, to combine their specialty resins and chemicals portfolios for the North American paint and coatings market.
Jamestown Coating Technologies will acquire Yenkin-Majestic's industrial paint business, which produces coatings for the OEM market under the YM-Industrial brand.
True Value Company agreed to acquire Yenkin-Majestic Paint Corporation's consumer paint business, which produces architectural coatings under the Majic brand.