Rockwell Automation Sees Tougher Times Ahead

Rockwell Automation Inc.’s Chairman and CEO Keith Nosbusch is surprised by the rapid decline in the European economy.

In a Reuters report, Nosbusch said, “Today Europe is our greatest concern. What surprised us is how quickly it had deteriorated. We do believe it’s going to be a tougher environment going forward in Western Europe.”

Nosbusch cited Denmark, France, Germany and Italy as areas of particular concern.

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