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Weekly Corporate Growth Report
News
Editor
Valuation of the Precision Instruments Industry
The precision instruments industry, SIC Group 38, includes companies that manufacture instruments for measuring, testing, analyzing, and controlling, and their associated sensors and accessories. As manufacturers in various industries seek to control costs, they may generate a measure of demand for testing and measurement devices, which are often used in conjunction with new product development, cost cutting, quality control, and other areas needed to maintain or improve competitiveness. Even...