US equipment suppliers feel the heat
- From: Vol 10, Issue 1 (January 2009)
- Category: General
- Region: Americas
- Country: United States
- Related Companies: Basin Water, Calgon Carbon, Danaher, ERI, GLV, Insituform, ITT, Layne Christensen, Millipore, Nalco, Pall Corp and Tetra Tech
Despite widespread declines, infrastructure optimism in the US propelled some water equipment suppliers forward in 2008. Is now the time to take profits?
All but three of the North American water equipment suppliers followed by GWI saw their stock prices plunge significantly in 2008. Overall, the sector was down by 31.4% versus an S&P 500 return of -38.5%. After a strong performance in 2007, the majority of the US water equipment suppliers came under pressure as the banking crisis threatened ...
Subscription required
To read this full article you must be subscribed to Global Water Intelligence.
Subscribe Now, Sign up for a Free Trial or Log In
