Industry Profiles
Industry Spotlight: Industrial Machinery & Equipment
August 5, 2008
Photo courtesy of Pfeiffer
Pfeiffer's corporate office in Asslar,
Germany north of Frankfurt. In Oct.
2007, Pfeiffer delisted from the NYSE.
From construction and farm machinery to oil & gas field machinery and equipment to engines and turbines, the 82 companies in this industry grouping of the credit standards index (CSI) design and manufacture the equipment and products needed to keep the world economy moving. Pfeiffer Vacuum Technology AG of Germany is No. 1 in credit standards in this industry grouping, the first time for a non-U.S. based company.
Bad debt allowance fell and days' sales outstanding (DSO) increased for industrial machinery & equipment. Read below as CreditPulse reports on benchmarks, bad debt percentages, securitization and more.