Robert Dakessian Talks About Industry Trends

by Barbara Kram, Editor | December 17, 2009

But right now we are in more of a service cycle. Customers hold on to their equipment longer. They don't make the decision to invest their capital to buy new equipment. Not only that, but they need to cut costs on their service. We provide customers the whole spectrum and breadth in CT and MR service -- equipment sales, mobile rentals; we have our own magnet division. When those cycles in our industry go up and down, we are always in a growth mode. Companies that specialize only in service feel the cycle economically. Companies that are strictly doing brokering and equipment sales feel that cycle economically. And that's why you are seeing a lot of consolidation in equipment sales and service companies. They need each other.

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