Metal fabricating industry

Article Abstract:

The metal fabricating industry is expected to benefit from the continuing economic growth of 1996 and 1997, although the expansion should be slower. Elimination of unneeded overhead expenses and more industrywide efficiency are also leading to better earnings prospects in 1997, and over the next three to five years, as well. The stocks in this industry are timely for 1997, but investors must evaluate these companies on an individual basis.

Author: Ferro, Mario, Schlein, Milton, Butler, Jeremy J., Seltzberg, Peter L., Herceg, Kenneth R., Emde, Terrence R.

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Metal fabricating industry

Article Abstract:

Several areas of the metal fabricating industry remain weak, even with US economic growth in 1996. Several markets served by this industry face weak markets in 1996 and 1997, although there is little risk of recession. Tighter inventories, lower break-even points, higher profits, along with industrial and other equipment needs, are among industry bright spots. Investors must select stocks that are timely for 1996 and 1997.

Author: Butler, Jeremy J., Leach, Mark, Oshinskie, R. Daniel, Seltzberg, Peter L., Herceg, Kenneth R., Emde, Terrence R.

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Subjects list: Economic aspects, Finance, Metal industries, Metal industry, Amcast Industrial Corp., Harsco Corp., Illinois Tool Works Inc., Kennametal Inc. (Latrobe, Pennsylvania), Lawson Products Inc., SPS Technologies Inc., Timken Co., TransTechnology Corp., Trinity Industries Inc., AIZ, HSC, ITW, KMT, LAWS, ST, TKR, TT, TRN, Structural elements (Construction), Structural metals, ADP, Fansteel Inc., Handy & Harman, Oregon Metallurgical Corp., FNL, HNH, OREM, Allied Products Corp.
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