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SpendEdge s reports now include an in-depth complimentary analysis of the COVID-19 impact on procurement and the latest market data to help your company overcome sourcing challenges. Our
Cleanroom Consumables Market procurement intelligence report offers actionable procurement intelligence insights, sourcing strategies, and action plans to mitigate risks arising out of the current pandemic situation. The insights offered by our reports will help procurement professionals streamline supply chain operations and gain insights into the best procurement practices to mitigate losses.
Insights into the Market Price Trends
Suppliers in this market have moderate bargaining power owing to moderate pressure from substitutes and a moderate level of threat from new entrants.
Is Illinois Tool Works Inc. (NYSE:ITW) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question.
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Refrigerated counters have been witnessing strong demand globally majorly due to the growing presence of restaurants and food chains around the world. The refrigerated counters market is mostly concentrated in North America and Europe owing to a large number of hotels and catering service providers in these regions. The emergence of new hotels and cafes in response to the ever-growing tourism industry in developing countries is also likely to support the growth of the refrigerated counters market.
The implementation of government regulations to control energy consumption and reduce the use of harmful refrigerants is expected to boost the replacement demand for refrigerated counters among end users in the coming years. Increasing stringency of food safety and quality regulations are also anticipated to support the market.
Provided by Dow Jones By Colin Kellaher Illinois Tool Works Inc. on Friday said its board approved the repurchase of up to an additional $3 billion of common stock. The Glenview, Ill., maker of industrial products and equipment said the buyback represents roughly 13 million shares based on Thursday s closing share price of $237.06. Illinois Tool Works, which has about 316.5 million shares outstanding and sports a market capitalization of around $75 billion, said the $3 billion buyback it announced in August 2018 had about $1 billion remaining as of March 31. Write to Colin Kellaher at colin.kellaher@wsj.com (END) Dow Jones Newswires Sponsor Center