An improving economy and growing end-user confidence will boost demand in Europe's electric drives market, valued at $1.5 billion, says a study by Frost & Sullivan (www.frost.com). With robust growth in the ac drives market—the key sector of European electric drives industry—and a rebound in the German market, the study also projects the overall market to grow to $2 billion by 2009.
A new federally sponsored manufacturing innovation center to strengthen US manufacturing abilities in fiber-reinforced composites has formed, bringing together materials suppliers, OEMs, university R&D labs, and national labs.
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