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	<title>Stock Blog Hub &#187; Ingersoll-Rand Company Ltd.</title>
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		<title>(CAT) Weak Outlook for German Machinery</title>
		<link>http://www.stockbloghub.com/2009/09/08/cat-weak-outlook-for-german-machinery/14649</link>
		<comments>http://www.stockbloghub.com/2009/09/08/cat-weak-outlook-for-german-machinery/14649#comments</comments>
		<pubDate>Wed, 09 Sep 2009 00:35:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Farm & Construction Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[CAT]]></category>
		<category><![CDATA[Caterpillar Inc.]]></category>
		<category><![CDATA[Ingersoll-Rand Company Ltd.]]></category>
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		<category><![CDATA[Terex Corp.]]></category>
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		<description><![CDATA[The VDMA Group (an industrial association in Europe, representing small/medium sized companies in the engineering industry) said last week that German machinery producers do not expect an increase in output in 2010. The group said that more than two-thirds of producers in Germany are complaining about lack of orders. The VDMA group forecasts a 20% year-over-year drop in machinery and factory equipment output for 2009 due to weak orders. For 2010, the group forecasts similar production levels as 2009. According to the recent data released by the group, machinery and equipment orders for the month of July fell 43% compared to last year. Domestic demand was down 41%, while international orders declined 44% for the month. The industry’s production capacity stood at just 69% in July. However, Germany, the world’s ]]></description>
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