I have been working for a competitor that deals fluid handling products - we are on the distribution side, so not a real competitor. In short, the whole sector is struggling right now and people really wander what 2016 brings. I am not sure about Colfax and layoffs but I can tell you that there will be very difficult several quarter ahead of us. We'll see how 2016 pans out as many players may be wiped out
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Heard Colfax tolerates wife beaters in management and lays off others due to bottom line.....