Valspar Corp., Minneapolis, is conducting an asset allocation study of...

Valspar Corp., Minneapolis, is conducting an asset allocation study of its $100 million pension plan, said Vincent Opat, director of compensation and benefits. The study is the first since Valspar acquired Lilly Industries in 2000. The current allocation is 60% equity and 40% fixed income, he said. Watson Wyatt is conducting the study.