Pelmar forecasts sale growth in 2009, 2010

ERJ staff report (DS)

Ramat Hasharon, Israel — Reconditioned machinery seller, Pelmar Group expects increased sales in 2009 and 2010. This 42 year old company, with 150 employees, reported that the fourth quarter of 2008 and the first quarter of 2009 show an increase in sales of more than 25% for one of the largest rubber and tyre machinery groups in the world. 

Sellers of new machinery, by contrast said orders were sharply down in the same two quarters.

According to Jacob Peled, Pelmar does well in the good…

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