Airspray International realized strong growth during the first half of 2005. Total volume increased 41%, resulting in sales revenue growing 25% to $21.1 million. Gross margin declined from 37% during full year 2004 to 35% in the first half of 2005 due to raw material cost increases, exchange rates differences, volume discounts and, in particular, product mix effects. Volume was buoyant in existing segments such as hand soap and reflected the new entry into the household segment. North America a...