Recession can't slow business but impacts on capital investment; business is up everywhere, though construction and equipment purchasing seem to have slowed in North America. Pace appears to be faster in Asia-Pacific region. (Refrigerated Services Survey).(Brief Article)

From: Quick Frozen Foods International | Date: April 1, 2002| Author: | Copyright information

If there's a recession on in North America, you can't prove it by turnover at refrigerated warehouses. Some 51% of a weighted sample in Quick Frozen Foods International's annual Refrigerated Services Survey -- twice as much as last year -- suggest an upward trend.

It's the same in Asia and the Pacific, where 57% of the weighted sample sees turnover on the increase. Fish, poultry and vegetables get the credit there, whereas in North America the list includes retail and food-service entrees, meat, seafood, poultry, pizza and bakery.

European response to the survey this ...

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