Despite experiencing two consecutive years of market contraction, the 2000 fiscal year end results of many control valve suppliers indicate that the adverse market conditions are dissipating and the general environment for control valves in the first half of 2001 is more positive. According to David Clayton, Senior Analyst to the ARC Advisory Group, “Manufacturing companies are rolling up their sleeves and getting back to basics. The mantra for many manufacturers continues to be B2B, but the meaning of the term is now Back to Basics. As investors turn their focus towards blue chip stocks and manufacturers turn their attention back to the manufacturing process, the control valve market is poised to rebound from its recent losses and experience positive growth, beginning in 2001 and continuing over the next five years.” Despite experiencing two consecutive years of market contraction, the 2000 fiscal year end results of many control valve suppliers indicate that the adverse market conditions are dissipating and the general environment for control valves in the first half of 2001 is more positive.
