I guess with the global reach of Bradken it makes sense to diversify, am guessing they may have thought of that. I know in Australia and especially in Newcastle, there isn't much going on in terms of mining, or steel utilisation, I know quite a few boilermakers and fitters who have had to retrain to find work.. They like Bradken rode the mining wave, and now are struggling..
In saying that India and China are great for income, and you'd have to think with the cost of steel there much be a bit of margin to create?? But am guessing everyone would be doing the same thing..
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