Tuesday, September 11, 2007

New ATEX regulations to benefit motors and industrials electric equipment manufacturers (ABB)

ABB

New regulations imposing ATEX certification are being imposed this summer on vast segments of the industrial process. That means new orders and/or maintenance for industrial suppliers.

This is the type of news that doesn't make the headlines, but for following the sector for work, I guarantee you that companies like ABB (which I own calls on), SPX, Illinois Tool Works ITW
, Stanley, GE
(althought this is not significant for GE because of their size), Siemens SI, etc...

Watch out for one or two good quarter by these glamourless stocks