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He moved to Chicago around 1965 and founded Matex Corporation around 1970. Matex, the parent company of Rusty Jones, was a modified version of Michael's last name, Mater. Mater was born in 1940 and died in 2002 at the age of 62. The name Thixo-Tex was derived from the thixotropic properties of the rustproofing chemical that was applied to the cars.
Consumer brands include Zinsser, Rust-Oleum, DAP, Varathane, Mean Green, Krud Kutter, Concrobium, Moldex and Testors. [3] [1] The company is headquartered in Medina, Ohio, and has approximately 17,300 employees and operates 121 manufacturing facilities around the world. [3] Its products are sold in 170 countries and territories. [3]
In 1959, Kurt Ziebart started the Auto Rustproofing Company with two other investors, and opened the first shop bearing the proprietary Ziebart name on Harper Avenue in Detroit. [4] [8] In 1963, he sold his rustproofing company to an investor group. In 1962, Ziebart's first international location was opened in Windsor, Ontario, Canada. [4] [9]
In 2010, the headquarters underwent renovations and restorations led by the Chesler Group of Cleveland and Dimit Architects of Lakewood, Ohio. [11] The total cost of renovations were nearly $6 million, including over $2 million from state and federal historic-preservation tax credits. [12]
On the basis of market share, Rust-Oleum holds the top position in the U.S. and Canada in the rust-preventative, decorative, specialty and professional segments of the small-project paint category. [8] In 1979 the company's slogan, "Rust Never Sleeps", was adopted by Neil Young (upon a suggestion by Mark Mothersbaugh of Devo) as a name for an ...
Rustproofing is the prevention or delay of rusting of iron and steel objects, or the permanent protection against corrosion. Typically, the protection is achieved by a process of surface finishing or treatment.
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