Atlas Copco, one of the largest global manufacturers of mining and construction equipment, has announced today that it has decided to withdraw from participating at one of the world's largest construction trade shows - Intermat in Paris which will be held in April this year. As with all the major construction shows of this type, Intermat usually draws a substantial number of international visitors, including many involved in the mining and quarrying sector.In a statement, Atlas Copco says A trade show like Intermat requires extensive resources to attend, both in terms of money and people. Because of the turmoil and uncertainty in the construction market, fewer visitors, particularly international, are expected to come to Intermat. With this in mind, Atlas Copco estimates it can bring more benefits to customers by reallocating the effort spent on Intermat and focusing on more targeted activities.The company goes on to state Atlas Copco is committed to the construction market; we will also in this downturn develop our leadership by working closely to our customers. By focusing on more direct customer activities, we will interact more efficiently with our customers and will be better able to respond to the direct needs of the market.Given that Atlas Copco is a major global player in the sector, it will be interesting to see if any other major manufactures will follow suit. Undoubtedly a number of smaller companies will already be considering/have considered cancelling their own participations, and the announcement from one of the largest and most financially secure companies in mining and construction will send a shudder through the trade show sector in particular, and is an indication that business for the manufacturers may be turning down faster, and more steeply than had previously been realised.
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