Monday, July 03, 2006

Small, Midsize Manufacturers Optimistic


One notable negative finding: Although about 25 percent of respondents said that globalization helped them lower costs, nearly 50 percent said it forced them to lower selling prices.

Fully 96 percent of top executives describe the condition of their manufacturing or distribution business as "thriving and growing" or "holding its own," according to a recent survey by professional-services firm RSM McGladrey.

A total of 1,031 executives — including 489 chief financial officers, vice presidents of finance, and controllers — responded to this spring's survey.

See full Article.