Ameron International Corp.’s performance coatings and finishes group had improved sales and profits in the second quarter of 2003 compared to the same period in 2002. Sales from operations outside the U.S. improved primarily due to stronger foreign currencies. Markets for protective coatings, especially in the U.S., remained weak because of lackluster industrial demand and deferred maintenance of U.S. Navy vessels. Full recovery remains dependent on higher industrial and marine demand in the U.S. and Europe, according to the company.
Published August 10, 2005
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