Colfax Corp. expects slow sales growth

From the Richmond Times-Dispatch: Colfax Corp., the Richmond-based maker of industrial pumps and valves, today said sales for 2009 are expected to slow significantly.

The company said organic sales growth for 2008 is expected to be end up at about 14 percent, in line with the company's low double-digit organic growth expectation for the year.For 2009, the company anticipates organic sales growth will be in the range of 1 percent to 3 percent.

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Colfax Corp. expects slow sales growth

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Berlin Technologies