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There was no rest for investors in traditionally
sleepy August as Wall Street struggled valiantly to weather the volatility
brought on by the subprime meltdown and subsequent credit woes.
For the third quarter 2006, the total coatings industry continued to show growth. For the quarter, shipment volume increased 3.0% while shipment value increased 1.9%. For the year-to-date, shipment volume increased 4.6% and shipment value increased 5.6%.
The coatings industry did it again. For the year 2005, although the quantity rose only 2.5%, to 1,445.1 million gallons, the value increased to $19,472.7 million for a great finish of 6.7% over 2004. Both the volume and value were all-time annual records for the industry.
Over 4,500 people attended the Finishing ’99 conference in Cleveland, which was sponsored by the Society of Manufacturing Engineers (SME) and the Association for Finishing Processes of SME.
