Manufacturers are racing to crank out the hand sanitizer, masks and clear plastic dividers that are emerging as integral elements for reopening the U.S. economy amid the coronavirus pandemic.

Stepped-up production has sent prices for materials soaring: The alcohol used in sanitizer has tripled in price since January. Wait times for plexiglass-style sheeting are now measured in months rather than weeks. Scores of companies are hunting for fabrics that block virus-laden particles to supply their employees with masks. All told,…

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