Industry Outlooks for 2016

The past few years have seen positive growth in many industries and 2016 is expected to continue this path as industries such as construction and manufacturing continue to rebound after the recession.

Both manufacturing and construction are expected to see growth in 2016. The MAPI Foundation’s report on manufacturing expects the industry to see 3.9% growth in 2016 on the combination of job growth and higher demand for replacement equipment. New construction starts are predicted to rise 6% in 2016 as the industry continues to expand.

The oil and gas industry has seen a drop in prices, but not yet a significant drop in production. Although the analysts are still out on how low prices can go, production is not falling and they expect to see prices rebound later in the year.

No matter what the experts say, industry will always need high quality parts and services to keep performing at optimal levels. At Caylor, we are the suppliers who provide the best there is in valves, fittings, and pipe and tube hanging components that serve in manufacturing, construction, and domestic energy production applications.

For example, we supply all the materials for construction of residential and commercial building projects including manufacturing facilities, office buildings, and homes and apartments. In manufacturing, piping and process systems rely on our products to ensure production continues to run smoothly and efficiently. With our custom machining services we also provide machined parts, valve brackets, turned parts, milled parts, grinded parts, pins, rods, and welded parts to meet precise specifications. Any application involving steam or water can benefit from the products we provide.

We are excited and looking forward to another year of serving the industrial market with the top-quality products we stand behind. For more information on Caylor’s products and services, and to see how we can help deliver quality to your application, contact us today!

All of us at Caylor Industrial Sales wish you a Happy and Healthy New Year!

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