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Media Advisory - Leading industrial firms will speak at CIBC World Markets conference - to address growth prospects amid mixed economic conditions
NEW YORK, Sept. 18 /CNW/ - CIBC (CM: TSX; NYSE) - Despite difficult market conditions, solid business fundamentals continue to position many industrial stocks for stability and growth in the near term. At the CIBC World Markets Industrial Conference Oct. 2-3 in New York City, investors will assess which firms and sectors are poised for success, and what the mixed economic signals and market turbulence could mean for others. An impressive gathering of leaders from more than 50 public and private companies are scheduled speak at the conference. Attending firms span a range of industrial sectors, namely: aerospace, defense, industrial services, chemicals, building products, steel, industrial multi-industry and industrial diversified. The conference also features a keynote address by Jeff Rubin, Chief Economist and Chief Strategist at CIBC World Markets. Mr. Rubin's calls on oil prices, housing market crashes and currency valuations have garnered respect and headlines, and have been instrumental in bringing key economic issues to the spotlight. He will speak on the implications of looming increases in the price of oil as OPEC and other key producers cut exports to meet soaring demand at home. Mr. Rubin is predicting that oil prices will reach US$100 a barrel by the end of 2008.Presentations will also be made from executives representing the followings: Industrial Multi-Industry - Barnes Group - Cooper Industries, Ltd. - Dayton Superior - General Electric Transportation - Genlyte Group Inc. - Honeywell International, Inc. - Hubbell, Inc. - Mueller Water Products, Inc. - Roper Industries Inc. - Watts Water Technologies, Inc. - WESCO Distribution Industrial Diversified - American Railcar Industries - AMETEK Inc - FreightCar America - Gibraltar Industries - Kaydon Corporation - Regal-Beloit Corporation Industrial Services - McGrath RentCorp - Newalta Building products - Beacon Roofing Supply, Inc. - BlueLinx Corporation - Building Materials Holding Corp. - NCI Building Systems - Owens Corning - Trex Company, Inc. - Universal Forest Products Steel Sector - Claymont Steel - Commercial Metals Company - Nic Tolerio - Russel Metals - Symmetry Holdings Inc. - U.S. Steel Aerospace/Defense - Argon ST - Curtiss-Wright Corporation - DRS Technologies - Northrop Grumman - United Technologies - Smith & Wesson Chemicals - Hanfeng Evergreen Inc. - Canexus - Air Products & Chemicals - American Pacific Group - Balchem - Chemtura - Cytec Industries - Ecolab Inc. - Innophos Holding - Olin - Praxair - Rohm & Haas Company Media attendance: This event is by invitation only; media wishing to attend are required to register in advance by calling Tom Wallis at 416-980-4048. Research notes and/or media interviews may also be arranged with the following CIBC World Markets Analysts: - Christopher Glynn - Industrial Multi-Industry - Jacob Bout - Chemicals/Fertilizers - Mukul Kochhar - Building Products - Bob LaGaipa - Industrial Diversified - Scott Schneeberger, Business Services - Myles Walton - Aerospace/Defense - Michael Willemse - Steel Sector - Edward Yang - Diversified ChemicalsMore information including a conference agenda and an up-to-date listing of participating companies can be found at: http://conferences.cibcwm.com/Industrials07/. An audio web cast of conference will be available online (enter code: industrials2007). The list of companies presenting is subject to change. CIBC World Markets is the wholesale and corporate banking arm of CIBC, providing a range integrated credit and capital markets products, investment banking, and merchant banking to clients in key financial markets in North America and around the world. We provide innovative capital solutions and advisory expertise across a wide range of industries as well as top-ranked research for our corporate, government and institutional clients. The Industrials Conference is organized by CIBC World Markets Institutional Equities
For further information:
For further information: Media contact: Tom Wallis, Communications & Public Affairs, CIBC, (416) 980-4048, tom.wallis@cibc.ca