The economic impact of this tragedy has been immediate and, we believe, will persist for some time to come, ... Eaton was already struggling with depressed industrial markets that showed few signs of immediate recovery...After September 11, business slowed abruptly and sharply, further impacted both by transportation-related interruptions in our 'just-in-time' industrial economy, and by the collective hesitation of our customers faced with a suddenly uncertain, and riskier, future.
More Quotes from Alexander Cutler:
This decision was a difficult, but necessary one for us, ... The vehicle interior segment is rapidly consolidating in response to the industry-wide move toward integrated cockpit systems solutions. As a niche player, we are not in a position to lead this consolidation.Alexander Cutler
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Based on Topics: Belief & Faith Quotes, Business & Commerce Quotes, Future Quotes, Time QuotesBased on Keywords: eaton, just-in-time, riskier
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