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Managing Business Risk in Industrial Equipment and Supply

Few industrial companies were prepared for the swift economic decline in 2001. The losses led to industrywide cost control measures including off-shore sourcing. Wise companies also implemented greater risk management oversight. As the economic cycle rebounds and customers once again invest heavily in capital equipment, industrial companies should continue to be careful of risks as they pursue expansion opportunities.

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Few industrial companies were prepared for the swift economic decline in 2001. The losses led to industrywide cost control measures including off-shore sourcing. Wise companies also implemented greater risk management oversight. As the economic cycle rebounds and customers once again invest heavily in capital equipment, industrial companies should continue to be careful of risks as they pursue expansion opportunities.

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