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US Industrial Laser Orders Fall in Third Quarter of 2007

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Michael A. Greenwood

Sales of industrial laser equipment and systems in North America fell to $116.6 million in the third quarter of 2007, which is a drop of 17.6 percent from the previous quarter, according to sales data compiled by the Association for Manufacturing Technology in McLean, Va. The association said, however, that the decline is not particularly alarming and that it falls within normal quarter-to-quarter market fluctuations. Robert W. Gardner, vice president of public relations, said that long-term sales of industrial lasers have been trending upward, and no single factor or event explains the...Read full article

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    Published: January 2008
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