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8 February 2011
Strong signs of recovery throughout the World and the UK are in evidence.
In America, demand is picking up strongly for capital equipment including manufacturing machinery, earth movers and truck components.
Caterpillar, the world’s biggest manufacturer of earth moving equipment is raising its capital expenditure budget from $1.7bn in 2010 to $3bn in 2011.
This investment reflects anticipated growth in America and the developing nations.
The enormous developing markets in the BRIC countries (Brazil, Russia, India, China) are creating vast potential markets for exporters and forward thinking companies with collaboration strategies in mind.
How does this impact the UK?
Well, our small damp Island in the North Sea has been quite adept over the last few centuries in doing business internationally. And whilst we have a national past time in ‘beating ourselves up’ we do in fact do a lot of things right.
So, when you see a piece of moth balled development land start to take shape (land clearance for 13 new exec homes in Fulwood , Preston), and talk of banks backing small companies to the tune of £1.3bn in equity funding to boost regional growth (Project Merlin) – don’t be surprised.
Things are moving in the right direction.Go Back