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Just ever so slightly, but not enough to cause more than a brief blip. Mostly due to customers reassessing what is critical & non-critical projects.
The company I work for does after-market repairs & parts supply for power segment companies. Think along the lines of Exelon, Con-Ed, S. Cal Edison, Detriot Edison, Reliant, etc. as well as chemical, paper and refining companies.
Right we are doing pretty good overall because alot of the big power, chemical, refining companies are opting to repair or replace parts, in lieu of new equipment. In monetary figures you could be looking at $1,000,000 in repairs & new parts for a steam turbine rotor compared to $5,000,000 for an entirely new steam turbine rotor.
The company I work for does after-market repairs & parts supply for power segment companies. Think along the lines of Exelon, Con-Ed, S. Cal Edison, Detriot Edison, Reliant, etc. as well as chemical, paper and refining companies.
Right we are doing pretty good overall because alot of the big power, chemical, refining companies are opting to repair or replace parts, in lieu of new equipment. In monetary figures you could be looking at $1,000,000 in repairs & new parts for a steam turbine rotor compared to $5,000,000 for an entirely new steam turbine rotor.