CAPITALIZING ON STIMULUS PROGRAMSCAPITALIZING ON STIMULUS PROGRAMSAs governments scramble to jump-start their economies, conglomerates are hustling hustling Medical practice The illegal soliciting of victims of accidents or dread disease, to provide them with services; after being hustled, the Pt's insurance company is usually billed for office visits and treatment. See Ambulance chaser. to win orders around the globe. Thanks to China's $585 billion stimulus program, construction should pick up after slumping last year. At United Technologies, managers are drumming up business for the Otis elevator elevator, in machinery elevator, in machinery, device for transporting people or goods from one level to another. The term is applied to the enclosed structures as well as the open platforms used to provide vertical transportation in buildings, large ships, unit, China's No. 1 supplier. "There are signs of life," says Chief Financial Officer Gregory J. Hayes. Companies also are chasing Chinese consumers who will open their wallets as the economy picks up. 3M China, which makes technology for Chinese flat-panel TVs, cell phones, and GPS systems, is hoping to drive up sales by double-digit rates in this year's second half. Because of the stimulus, "China's economy will bottom out earlier than most other countries," predicts Kenneth Yu, 3M China's managing director. Siemens hopes to offset a decline in orders from business customers by hiking hiking Walking, often among hills or mountains, as recreational sport. It represents an activity in its own right and also figures in backpacking, camping, hunting, mountaineering, and orienteering. sales to governments. The company is marshaling its forces to win about $21 billion of the $210 billion in funds earmarked globally for high-speed trains and other infrastructure. Will government orders take up all the slack? "It's certainly a stabilizing stabilizing, v to hold a limb motionless in order to ground its energy; a standard isometric resistance technique, it releases tension and lengthens muscle fibers. factor and a future source of growth," Siemens CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Peter Loscher said in a conference call in June. 
|
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion