Machinery's Picking Up

Pinkham, Myra
July 2005
Metal Center News;Jul2005, Vol. 45 Issue 8, p14
Trade Publication
The article presents information on heavy-duty machine equipments that are used in the steel industries. Demand for heavy equipment is expected to grow more than 15 percent this year, driving orders for steel and other metals. Heavy equipment sales are doing well in most sectors, though for different reasons. For example, construction equipment is in demand due to the boom in residential housing and infrastructure funding. Most construction equipment has not been replaced for at least six years. Companies that held off buying new equipment during the lean years are now eager to spend.


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