SOURCE: Industrial Info Resources

August 14, 2008 05:30 ET

Equipment Supplier KHD Humboldt Wedag Continues Strong Growth by Targeting Emerging Economies, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - August 14, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- KHD Humboldt Wedag International Limited (NYSE:KHD) (Hong Kong), a global supplier of plant engineering and equipment for the cement, coal and minerals industries, presented its second-quarter and six-month earnings report for 2008 in a conference call on August 13. The first six months of 2008 brought total revenues of $281.1 million, an increase of 6% compared to the first half of 2007. The company's order intake and backlog has also increased significantly. Chief Executive Officer Jim Busche attributed this increase in orders to KHD's targeting specific regions and economies. "Emerging economy region orders dominated the year-to-date total business received, with 57% coming from Russia and Eastern Europe and 30% from Asia," Busche said.

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