Since the last economic recession, the industrial sector has lagged others in capital goods investments, but 2021 saw record industrial spending in this area as companies played catch-up. This elevated spending could have important implications for the industry’s future, especially on the labor front. … READ MORE >
capex
Equipment as a service – a potential capex solution during a slowdown?
In today’s world of subscription models – streaming videos and music services, household essentials, food preparation – why not apply that concept to industrial machinery? Especially during a manufacturing slowdown when uncertainty is stalling capital investment, the concept – known as equipment as a service — could be a solution for new projects or could support ongoing or experimental projects. … READ MORE >