Thursday 6 August 2009

Norwest. Wattyl may be turning around

A raft of management changes and cost cutting may finally have turned around the Wattyl Group, based at Norwest Business Park, positioning the paint maker to tap into Federal Government spending on schools and first-home owners, according to The Australian Financial Review. Wattyl has withstood two failed takeover attempts, a sagging housing and home improvement market and about seven management appointments in the past year.

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