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CoatingsPro | Coatings Industry Magazine

New Trump Administration Guidance Now Allows Firms With 500 Or Fewer Employees To Qualify For Paycheck Protection Program Loans

The Associated General Contractors of America announced that the Trump administration released new guidance that now allows firms with 500 or fewer employees to qualify for the new Paycheck Protection Program Loans. Association officials noted that the administration released the new guidance after the association raised concerns over the weekend that many firms that employ 500 or fewer employees appeared to be excluded from the program.

CoatingsPro | Coatings Industry Magazine

NRCA Notes CARES Act Provisions That May Apply to Roofing Companies

The emergency economic stimulus legislation provides financial assistance to individuals, families and businesses struggling to cope with the social and economic turmoil resulting from the COVID-19 crisis. NRCA has made available a summary of the provisions that may be applicable to businesses in the roofing industry.

CoatingsPro | Coatings Industry Magazine

American Coatings Show and Conference 2020 Canceled April

The decision was difficult, as the organizers understand the important role the ACS/ACC serves in offering a platform for new products and technologies, connecting industry professionals, and educating coatings scientists. Although the 2020 installment will not proceed this year, the ACS/ACC will continue to serve as the most significant coatings show in North America when it resumes in 2022.

CoatingsPro | Coatings Industry Magazine

Epoxytec Repurposes Florida Facility to Make Hand Sanitizer

Supplies were recently running low at Epoxytec’s headquarters in Hollywood, Florida, USA, as in other places all over the United States. This included supplies of hand sanitizer. In response, office manager Victoria Nixon suggested making some in-house for Epoxytec’s own internal office use. As a supplier of coatings and linings for critical infrastructure, Epoxytec’s headquarters is equipped with an research and development (R&D) lab and has two polymer chemists on staff.

CoatingsPro | Coatings Industry Magazine

U.S. Departmemt of the Treasury, IRS and the U.S. Department of Labor Announce Plan to Implement CoronaViris-Related Paid Leave for Workers and Tax Credits for Small and Midsize Businesses

The U.S. Treasury Department, Internal Revenue Service and the U.S. Department of Labor announced that small and midsize employers can begin taking advantage of two new refundable payroll tax credits, designed to immediately and fully reimburse them, dollar-for-dollar, for the cost of providing Coronavirus-related leave to their employees. This relief to employees and small and midsize businesses is provided under the Families First Coronavirus Response Act, signed by President Trump on March 18, 2020.