Jentoft Clarifies Recent News, Says Adhesive Business Remains Unchanged
In the wake of the announcement that Dow Automotive is exiting
the automotive sealants business in North America, Latin America
and the Asia Pacific, Phil Jentoft, commercial manager for the aftermarket,
took the opportunity to speak with glassBYTEs.com™/AGRR magazine
about the changes and to clarify that the aforementioned exit does
not affect the company's aftermarket or glass bonding (auto glass
GB: There's been a lot of confusion about Dow lately-what
would you like our readers to know?
PJ: There was an announcement made by Dow at the beginning
of this month that it was exiting the automotive sealers business
and that has nothing to do with the automotive glass bonding market,
neither aftermarket nor OEM. We have no intentions of exiting the
aftermarket business or the glass-bonding business whatsoever.
GB: Dow has been in the news a good deal of late announcing
cutbacks-are any cutbacks planned that you're aware of on the auto
glass adhesive side?
PJ: On the aftermarket and OEM side, not that I'm aware
of. We don't have any plans to cut back. As a matter of fact, we've
just built two new automotive glass bonding adhesive plants, one
in Europe and one in Midland, Mich. … We've made significant investments
in our North American operations as well, specifically in our packaging
systems. … We're definitely in this long-term. We have no intentions
of exiting the glass bonding business.
GB: It has also been rumored that Dow may merge or be bought
by another company-can you comment on whether this is a possibility?
Are these rumors still circulating?
PJ: I'm probably not the best person to comment on that.
I think those types of things will always be flying around. Dow
just announced a joint venture with a company in the Mideast recently.
GB: Are there any changes resulting from the automotive sealant
business exit that would affect auto glass customers?
PJ: Nothing. Our people are in place. Our operations in Dayton are
remaining untouched. We don't anticipate any changes organizationally.
GB: What do you think next year will bring for Dow and the
industry as a whole?
PJ: You know, my hope for 2008 is that we see some growth within
the glass replacement market, [and] that we see some price stabilization
for the glass shops. They've been under a lot of pressure for the
last several years and we've been trying to do some things to help
them out through marketing and education to hope them run their
operations more efficiently. We just want to see a happy, healthy
industry moving forward.
* * *
Jentoft recently sent a letter to the company's aftermarket
and glass bonding customers assuring them that the exit from the
sealants business has nothing to do with the automotive aftermarket
or glass-bonding businesses.
HERE for the full text of the letter.
Need more info and analysis about the issues?
HERE to subscribe to AGRR magazine.