Total market increase for industrial engines

The total market for industrial engines rose during the first quarter as a result of the continued strong trend in most of the world’s major industrial markets. During the quarter, manufacturers of industrial equipment continued to operate their plants at high capacity utilization. Demand for marine engines rose in Europe, but remained weak in North America. The number of visitors at the winter’s boat trade fairs rose about 20% compared with the preceding year and activities were higher among end customers in primarily Europe.