CAPITAL EQUIPMENT SURVEY: Service Centers Continue Spending Binge

May 2006
Metal Center News;May2006, Vol. 46 Issue 6, p22
Trade Publication
The article presents information on the findings of the fifth annual equipment and technology purchasing survey conducted by the journal "Metal Center News." With the continuing prosperity in the metals market, service centers budgeted an average of $602,900 for new processing and distribution equipment in 2006. About 79 percent of service center readers surveyed planned to maintain or increase spending on capital equipment in 2006. However, spending among small and midsize companies appears to be slowing.


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