Paintmakers Pin Hopes on Stimulus

The slowdown in the U.S. housing and automotive sectors is hurting many producers and raw material suppliers in the domestic paints and coatings industry. However, companies at both ends of the supply chain paint a rosier picture for the rest of 2009 and 2010, as the economy recovers and infrastructure projects receiving U.S. government stimulus funds begin to move forward. Third-quarter 2009 financial results at paints and coatings manufacturers reflected higher margins resulting from cost-reduction...

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