Industry | 2012.12.05
Equipment Services Can Ignite Industrial Sector Profits as Growth in China Slows and Europe Recession Spreads
NEW YORK--(BUSINESS WIRE)--With economic growth in China slowing to nearly seven percent annually and Europe continuing to struggle under a debt crisis, major industrial products companies, cut earnings guidance recently as business conditions in many customer markets worsen. But according to a new report, entitled “Service Now! Time to wake up the sleeping giant,” published today by Bain & Company, the global business consulting firm, industrial product manufacturers can build and insulate
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