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CMathas
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re: Industrial equipment shows healthy growth potential worldwide
CMathas   7/26/2012 8:42:23 PM
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Good point. I was pointing out more the geographical investment than the dollar amount involved in the Rockwell deal, but you're comment is well taken. It is good to see that this segment should hold up nicely. Thanks for posting.

timemerchant
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re: Industrial equipment shows healthy growth potential worldwide
timemerchant   7/26/2012 9:30:34 AM
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$600,000 investment by Rockwell in Turkey is not a trend pointer. Festo and Siemens have donated far more to Turkish and South African universities/ technical colleges. China and Taiwan are more willing to use PCs and write custom code than go with expensive automation vendors' solutions. Take a look at a typical plastic injection moulding machine in the East. Rockwell has to look elsewhere while USA manufacturing declines and Wall Street takes over.



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