The company said its coating can hold up against use in heavy rain or a surprise dunking.

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Another significant player in the coating and paint industries, the Sherwin-Williams Company, is up 14.7% this calendar year.

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The challenges on the site are incredibly varied and include everything from a multinational food company looking for a "Reduced Fat Chocolate-Flavored Compound Coating" to an electronics firm trying to design a solar-powered computer.

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The company saw growth in five of its six segments, including the two segments involved in the protective coating both vehicles and industrial building supplies.

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