Saudi Phosphate work for SNC-Lavalin, Jacobs

• Publisher: Elsevier Science
• Year: 2004
• Tongue: English
• Weight: 33 KB
• Volume: 2004
• Category: Article
• ISSN: 1359-6128
• DOI: 10.1016/s1359-6128(04)00554-3

✦ Synopsis

includes interest rate levels and their impact on consumer confidence and housing starts.

Equipment rentals continue to be an important segment of construction machinery market growth. Manufacturers are seeing pent-up demand from customers, who have been replacing ageing fleets now that the general economy is growing.

Year-end 2004 sales in the light equipment segment, which includes pumps, are expected to increase 8.6% for the US, 6.5% for Canada and 5.5% for other worldwide markets. Light equipment business for 2005 is predicted to gain 6.8% for the US, 5.7% for Canada and 5.9% for other worldwide markets.