Strategies to Combat Doldrums of Downturn —Michelson

Ongoing capital investment to improve productivity and workflow efficiency and reduce labor costs is also paramount, NAPL “State of the Industry” research confirms. Despite concern over the economy, 83 percent of NAPL survey respondents plan to increase or maintain the percent of revenue they invest in capital equipment during the next three years. (Also “Economic Stimulus Package — Time to Act: Now” for info on provisions within the 2008 Economic Stimulus Act recently passed by Congress that encourage capital investment through tax incentives.)