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The industrial machinery sector remains resilient amidst a turbulent global economy. Recent reports highlight significant global stock market downturns, including substantial U.S. stock market declines and a major drop in Japan’s Nikkei index. These developments reflect broader concerns about economic stability and potential recessions. Recent economic data shows that the U.S. added only 114,000 jobs

Maximizing Revenue with Service Contracts for Industrial OEMs: Essential Strategies Service contracts for industrial OEMs offer a powerful tool, providing not only a steady revenue stream but also stronger customer relationships. Many companies struggle to fully leverage this potential due to common pitfalls and a lack of strategic focus. This guide will help you unlock

The industrial machinery sector is showing a downward trend and U.S. business confidence saw a decrease, confirming the trend among manufacturers. The sector is confronted with dual challenges amidst global uncertainties. While confidence remains resilient in some regions, geopolitical tensions in the Middle East pose risks to global supply chains. Additionally, a decline in the