Industrial Coatings segment sales for the quarter increased $209 million, or 22%, as a result of the acquisition of SigmaKalon's industrial coatings business, stronger foreign currencies and improved volumes, primarily in the automotive coatings business. The segment experienced volume declines in North America that were more than offset by higher volumes in all other regions. Segment earnings were flat. The positive impact of acquisitions, stronger foreign currencies and lower manufacturing costs were offset by inflation.
Lastly, the Architectural Coatings EMEA (Europe, Middle East and Africa) segment is a new reportable segment in 2008 and represents the largest business from the SigmaKalon acquisition. Segment sales for the quarter were $667 million, up a double-digit percentage in comparison to SigmaKalon's corresponding sales in 2007.