According to Tom Bieber, president of Apex Automation Inc. (Elizabethtown, PA), systems integrators are finally on the rebound, because the capital equipment market typically lags 6 to 8 months behind the rest of the economy.
For instance, Bieber
company's sales forecasts are up 100 percent for the first quarter of 2004."All signs and indicators of a recovery are there, but it still needs to show up in the form of cash," notes Bieber
."Many manufacturers are still reluctant to release funds.Long-term confidence just isn't there."Bieber
believes people are being overly cautious, in case the economy bottoms out again later in the year.
"If demand increases and keeps going, we'll have some tough decisions to make," says Bieber