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As the growth rate is slowing, the number of paint companies is shrinking at a rate of 2 to 3 percent per year. This decline is due in large part to the slow sales growth, but it is also fueled by the necessity for continued expenditures in research & development and recent compliance standards set forth by the EPA. In the coming years, the Jones-Blair Company faces these challenges, as well as those presented by mass merchandisers competing with Jones-Blair, as they attempt to increase its company sales growth and remain successful.
Untapped Markets: "The White Spaces"
Of the three segments that the US paint industry divided into, Jones-Blair has a presence in only two of them, architectural coatings and OEM coatings...
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