Barloworld expects dramatic growth in emerging markets

11/17/2010 | Bloomberg

Barloworld, the largest forklift dealer in the world, said its revenue from emerging markets will dramatically outperform revenue from developed economies during the next three years. Mining projects in Russia and southern Africa will be the drivers of this growth as well as Caterpillar's acquisition of Bucyrus International, because Barloworld's flagship equipment division supplies Caterpillar mining machinery.

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