Changing landscape
And that is the problem. Inflation or no inflation. GDP growth or inadequate GDP growth. Job claims that help and worker shortfall that does not. Interest rates too high or not high enough. Consumer spending to slow because of increasing personal debt balances. Just what are economic factors telling us that provide comfort because you feel the “conclusions” our “guesses” are reasonable? As you know I read many economic reports and...
February 2024 jumps to a strong 150 new Industrial Manufacturing Planned Projects
Industrial SalesLeads has announced the February 2024 results for the new planned capital project spending report for the Industrial Manufacturing industry. The Firm tracks North American planned industrial capital project activity, including facility expansions, new plant construction, and significant equipment modernization projects. Research confirms 150 new projects in the Industrial Manufacturing sector as compared to 150 in...
Mitsubishi Logisnext Americas launches Logisnext Financial Services through partnership with DLL
Simplifies acquisition process, provides added flexibility Mitsubishi Logisnext Americas (Logisnext), a manufacturer and provider of material handling, automation, and fleet solutions, has announced the launch of Logisnext Financial Services, providing customers with one single point of contact for equipment purchasing and financing. The new service is offered through Logisnext’s strategic partnership with DLL, a global asset finance...
Potential $$ is coming your way
There are still plenty of questions and discussions taking place about what to expect in 2024. Management is really under the gun trying to properly budget profits and free cash flow, and at the same time trying to entice customers to buy units and parts and properly maintain equipment. Speaking of customers, seeing that they are in the same boat you are, are looking for ways to become more efficient through cost reductions and...
First Citizens Bank Equipment Finance names Shanks Head of Business Development
First Citizens Bank has announced that its Equipment Finance business has named Joy Shanks as senior vice president and head of business development dedicated to supporting and growing equipment finance vendor acquisition business. Shanks will be responsible for acquiring and cultivating new vendor relationships in key industries, as well as driving long-term business growth and generating meaningful end-user equipment financing...
It’s tax time! Are you prepared for what’s ahead?
Is there never a “TAX TIME” in the U.S.? Don’t think so. And I believe “TAX TIME” is going to increase dramatically. The PROBLEM being that the U.S. continues to spend more than it takes in, which we all know does not work in any way, shape, or form. And how do we fix this? By taking more money from you and your company. THERE IS NOT A CHANCE IN HELL THAT THIS WILL NOT HAPPEN, because in four years U.S. debt will be about $40...
What happens in the auto industry…..
OEM’s and Lift Truck dealers have always been paying close attention to what is happening in the auto industry, thinking that these large major industrial players that also sell via dealer networks are a step ahead of the equipment industry, and that most of the current as well as any expected financial and economic changes incurred by the car industry will eventually wind up on the equipment dealer’s doorstep. And you know what, that...
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