Material Handling Suppliers Offer Predictions in MHEDA Edge.
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Press Release Summary:
MHEDA Edge is currently featuring results from MHEDA Journal survey of prominent manufacturer cross-section in material handling industry pertaining to expectations for 2010, in which 85% of participants are expecting growth. This represents 44.8% increase over 2009, and not one surveyed company predicted sales decrease. Such optimism results from strategies that involve focusing on fundamentals, new products, and finding strength through distributors.
Original Press Release:
Material Handling Suppliers Offer Predictions
The material handling industry's most prominent suppliers predict 2010
Dewitt, NY: In the most recent issue of MHEDA Edge, the magazine lets readers know what suppliers of material handling equipment are predicting for the year. As it turns out, we're now two months into 2010, and for MHEDA suppliers, things are already starting to look up. The MHEDA Journal recently surveyed a broad cross-section of the material handling industry's most prominent manufactures about expectations for 2010. 85 percent of survey participants are expecting growth in 2010. This represents an 44.8-percent increase over 2009, when 40.2 percent of participants predicted growth. Not a single company predicted a sales decrease in 2010, a welcome statistic following a year that saw nearly every company's profits tumble.
So how is this possible? All of the experts say that the recovery will be a slow one. The economy might not hit its stride until 2011. In the face of predictions like these, MHEDA's suppliers might seem overly optimistic, if it were not for the concrete strategies and plans they have in place to ensure that growth happens. What are these strategies? Read on below for a few hints:
Those are just four of the ten strategies that are discussed in-depth in this month's MHEDA Edge. The only way to find out all the details is to head over to mhedaedge .org and check out the premiere online resource for young professionals in the forklift, storage and handling, conveyor and general material handling industries.
About MHEDA
Founded in 1954, the Material Handling Equipment Distributors Association (MHEDA) is the premier source for manufacturing knowledge, education and networking. Through its member journals (http://TheMhedaJournal.org), e-magazines, newsletters, and industry wiki (http://www.wikimheda.org), MHEDA connects the manufacturers of storage and handling, lift trucks and conveyor equipment and distribution leaders for the purpose of delivering optimal solutions to the users of those products. MHEDA publications are the industry's voice for all matters related to the latest technology and the most up-to-date processes spanning the movement and storage of all materials. A 501(c)3 organization, MHEDA members span all of North America.
