Manufacturers Face New Threat From Fracking Slump
- By Requelle Baines on November 19, 2019
Drilling decline means lower sales of machinery, engines and pipe U.S.—known as the drilling-rig count—fell by 20% in October from last year, hitting a two-year low. Heartland Enterprises Ltd., a machining company based in Texas, has seen sales to energy producers fall 20% this year. Jay Mallinckrodt, vice president of business development, said he is […]
read more