Somero Enterprises Inc - Company Profile
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Somero Enterprises Inc (Somero) designs, manufactures and distributes concrete leveling, placing and contouring equipment. Business performance of Boomed Screeds segment, client base, and focus on quality are the company’s major strengths, even as liquidity position remains a cause for concern. Positive outlook for the US and Australian construction industry, and improvement in housing market in US materials could provide growth opportunities to the company. However, increasing manpower costs in US, stringent regulations, and risk related to competitive bidding could affect the company’s operations.
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