b'(ftt ndustr \'News "-\'-\'=-,__ - :-ArmorFlex utilizes the structuralOlympic Roofingproducts are available world-w e idqualities ofexisting roof mem Products and Van Roijthrough aof wholesalers thenetwork brane as afor aliquid Fasteners B.V. Announceand retail distributors. basenew applied, flexible surfacing system.Agreement Inadditiontoits 2,000percentOlympicRoofingProducts,Economists Say elongationproperty,ArmorFlexbasedinAgawam,Mass.,Recessionary Period to resists the deteriorating effects ofannounced that they have formed abe \'Short, Shallow\' pondingwaterandchemicalSales and Distribution agreem tTheeconomyisnowheading enattacks- unlikemostroof coat withVanRoijF teners B.V.ofinto what is projected to be a mild, asRoof Restorationings.Deurne, Netherlands.brief recessionary period that will CompoundOneof ArmorFlexretardsOlympic hasbeeninvolvedinbefollowedby a reb inthe coatound Forroofingsystemsthataredeterioration of the existing mem the European Market for the pastsecondquarterof2002,said showing the effectsofprematurebrane and adds a new seamlesstenyears.Explainingtheagree economistsattheSemiannual agingduetopondingwaterorwater layertotheroofmen TomWagner,Senior ViceConstruction Fo cast Conference -resistantt,reexposuretoenvironmental con surface,whethertheroofisPresident of Sales &ing forheld by the National Association of Markettaminates, Honeywell Commercialsmooth, granulated or gravel-sur Olympic,stated"WeareveryH Builders (NAHB) in Novemome RoofingSystemsintroducesitsfaced.is both code andpleased that we were able to reachber. ArmorFlex ArmorFlexroof restoration com UL approved.anwith Van Roij. While"Followinga meager0.3perTMagreement adva cethe pound. A polymer-modified com AnArmorFlexrestorationsys weexperienced some success incentn insecond quarter pound, ArmorFlex can be used ontem canbefinishedinseveralthe market, we lacked the presenceanda 0.4percent contractionin any built-up or modified bitumenways:surfacedwithgranulesorneeded to really servicethe con the third quarter, the economy defmembranesystem.Onecoatofaggregate to match the surround tractors.Roij o initely is continuing to weaken in The Vanrganization ArmorFlex over aroofinging surface, or coated with an alu bringstheenergyandcothefinal quarterof2001," said preparedmmitmembraneformsacontinuousminumorhighlyreflective whitement to service that is needed toNAHB Chiefonomist D d Ec avi Seimonolithicmembranethatisroofcoatingonsmoothsurfacemeet that challenge."ders. aveews thicker than the typicalsingle-plymembranes.VanRoijwillh exclusiveThe good n is that recovery rubberorthermoplasticroofingHoneywell Commercial Roofingdistribution rights for a Olympicis not too far off. "Assuming conll systems.Systemsis a single-sourcesup RoofingProductsinmainlandtinued success of o ing military ngo"Roofingasphalt is soluble inplier of premium roofing systems.Eu Matt Van Roij, Managingendeavors and that notional rope.addiwater. Therefore, manufacturers ofAbillion, HoneywellD ector of VanFasteners B.V.serious terrorist activity occ in $25company ir Roijurs asphaltroofing systemsrequireoffers technical support, customerstated,"Olympicis theleadingtheU.S., we\'reprojectinga 2.5 slopetoavoidstandingwater.supportandcomplete warrantymanufacturerfasteners for com percent contractioninthefourth of Unfortunately, many asphalt roof programs. Honeywell, a fumercial roofing a lications. Theirquarter followed by an additional ll-serv pping membraneshavefoundtheiricecompany, assistsspecifiersproduct lines are Factory Mutual0.5 percentsetback inthefirst way onto flat roofs,"said Williamwithas roof evalua approved and recognized in al Iquarter of 2002beforepositive services suchthe Spencer,ManagerofBusinesstion and analysis, budget cost esti Europeanies. T bring usgrowthresumesin the second countr hey DevelopmentatH matingandcodecomplianceacommitmenttotheroofingquarter ofyear," Seiders said. oneywell.next roofstryIas "Restoring amembrane beforereviews.Forinformationaboutindu thatis unmatched.We"We\'I be referring to this\'the it becomes badly deteriorated addsH ll\'s Millennium system orexpect to not only grow theirearly 2000sre ssion\'- butit oneywe cur cevaluetoa buildingby extendingotherroofingsystems,visitrent base of business, but to alsowon\'t benearly asbadaspast the roof\'s serviceable life.www.hon llroofs.comor callexpandintonewprodu a recessions,"hecontinued. With Whethereywe ctsnd the roof needs preventative main 800/221-6490.markets.TheVanRoij/Olympicunemployment running at a d rountenance or the appearance needs topar will be at on 5.4percentcurrently,Seiders tnershipgrea e." be freshened, ArmorFlex will pro Olympic is the world\'slargestexpects some uptick - to 6 percent vide asolution."manufactureroffastenersand- by the m of 2002. This fig-lastingiddle accessories for theindus uretypicallylagsbehindecoroofing try and other construction-relatednomic growth rates and so will not ~ applications.Thecompany\'s Continued one pag 15'