Manufacturers Remain Optimistic
April 1, 2008Comments
Small and mid-sized manufacturers exhibit optimism regarding the economy, and most plan significant capital improvements during the year, according to a recent survey conducted by Chicago, IL-based Prime Advantage, a manufacturers’ buying group. The survey finds that more than half (66 percent) of Prime Advantage member companies plan significant capital improvements in 2008, including investments in new press brakes, turret punch presses, laser-cutting machines, robotic-welding cells and metal-stamping equipment.
This finding is supported, the group says, by findings from the Business Roundtable’s CEO Economic Outlook survey for the fourth quarter of 2007, in which CEOs predicted a 35 percent increase in capital spending during the first six months of 2008.
See also: Prime Advantage
Technologies: Fabrication
Comments
Must be logged in to post a comment. Sign in or Create an Account
There are no comments posted. Management
Tuesday, April 23, 2024
Tennessee Volkswagen Plant Votes to Unionize
Tuesday, April 23, 2024
Stamping Presses
Monday, April 22, 2024
Seyi Partners with Dallas Industries on New Showroom Additio...
Monday, April 22, 2024