A lot of electric motors, which consume huge amounts of electricity in the United States, still are from a generation when people didn't care that much about energy efficiency. |
It plays right to the strengths of what we do. |
The metabolism of the oil industry picks up pretty smartly when oil gets above $40 a barrel. It's fair to say there are a lot of bottlenecks in the oil and gas industry, so in many ways it's ripe for investment. |
The stock last week got up to almost $80 a share. |
There were a lot of motors and drives that didn't work very well when they got wet. |
Things are going well. ... With respect to the economy, there's tremendous continuity and you should watch what they do, not what they say. |
We are very optimistic about the Chinese automotive industry. That's a great growth area for us. Whenever an economy starts to invest in producing things for consumers, whether it be for a bottle of beer or a car, that's our sweet spot. |