DocumentCode
1536889
Title
The joint approach for a global test systems market
Author
Ashmore, Colin
Volume
7
Issue
1
fYear
1997
Firstpage
43
Lastpage
48
Abstract
Throughout the entire spectrum of the manufacturing industry, the words ´globalisation´ and ´consolidation´ have become common currency. Companies and organisations are being forced to operate in increasingly competitive, increasingly global markets against increasingly aggressive world-class players. Through mergers, joint ventures and acquisitions, fewer and larger groups are taking the wider view beyond their immediate domestic markets to win market share in the fastest-growing world economies. Here, the author describes how Instron and Carl Schenck, two key international players in the niche market for materials, products and structures-testing equipment have now formed an alliance aimed at winning a bigger slice of the global cake.
Keywords
test equipment; acquisitions; consolidation; global test systems market; globalisation; joint approach; joint ventures; manufacturing industry; market share; mergers; niche market; world economies; Test equipment;
fLanguage
English
Journal_Title
Engineering Management Journal
Publisher
iet
ISSN
0960-7919
Type
jour
DOI
10.1049/em:19970106
Filename
580319
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