WLK News & Analysis
Industrial Evolution - The Nat Gas Ripple
17 Apr 2012 EDT - CNBC.com
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Could low nat gas prices unlock a manufacturing renaissance in the US?
According to William A. Muggia, Westfield Capital Mgmt President, CEO & CIO, the short answer is yes.“It’s almost an oxymoron to think of that the US has a major advantage in energy but due to the drop in nat gas prices we really do,” says Muggia on Fast Money.
“And some of the manufacturing plants, chemical plants and steel makers are huge beneficiaries.”As a result, Muggia expects a renaissance in domestic manufacturing. “And it’s happening right here in the US.”Although Muggia says you can play the theme with a broad range of industrial companies tied to manufacturing he likes playing the theme with the following:
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