Mack: Positioned for success despite ‘ongoing weakness in construction sector’
At the 2011 Mid-America Trucking Show (MATS) on March 31, Kevin Flaherty, Mack senior vice president of the U.S. and Canada, said that despite ongoing weakness in the construction sector, the company is well-positioned for success.
“I’m proud to say that despite there being almost no Class 8 construction truck market last year, we managed to maintain our overall North American market share, actually grow our U.S. share, and preserve or expand our leadership positions in the segments of the market that are core to Mack,” Flaherty said. “The diversity of our business and our wide range of products, both highway and vocational, allows us to better weather storms in a particular segment, like the one we’re experiencing now in construction.
Despite extremely difficult economic times, Flaherty said, the company has continued to invest in its products.
“While demand for vocational vehicles remains low, we’re encouraged by a number of factors,” he added.
MORE FROM Aggbeat Online
SUBSCRIBE & FOLLOW
- Vulcan shareholders reject board changes at annual meeting939 Views
- Excavators uncover ancient quarry in Jerusalem924 Views
- Former gravel quarry-turned-landfill transforms into nature reserve433 Views
- Americans consume 3 million pounds of minerals in a lifetime241 Views
- Bobcat breaks ground on $20 million Bismarck expansion112 Views