Ridenour: Struggles to continue in first half

McNulty, Mike
January 2010
Rubber & Plastics News;1/25/2010, Vol. 39 Issue 13, p10
Trade Publication
The article presents a business forecast for the plastics industry of the U.S. for the year 2010. According to William Ridenour, president and owner of Polymer TransAction Advisors Inc., a merger and acquisition firm, although the worst is over but the industry will continue to struggle in the first half of the forthcoming year. He states that it would be due to the large number of bankruptcies and plant closings witnessed by the industry in the wake of the global economic crisis in 2009.


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