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New Equipment Makes Auto Companies More Competitive

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North American auto industry leaders say the top three benefits of investing in new plant equipment are a higher quality product (26 percent); increased throughput (23 percent); and lower overall operating costs (20 percent). And of those companies that use Italian-made industrial machinery, most say the biggest benefit they derive from it is help in meeting strategic and operational goals. These findings are from a survey of about 200 engineers and executives at companies within the automotive supply chain. IndustryWeek and the Italian Trade Commission's Machines Italia campaign conducted the