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Chicago Bridge & Iron's Shrinking Backlog Is A Good Thing

2015-11-17 16:13:31| Industrial Machines - Topix.net

As a result of a major strategic move by management to rid the company of contract-related risks, backlog for Chicago Bridge & Iron is slated to fall by $7.8 billion. At first glance, this may seem like a big loss for the operator, especially since the amount it's due to receive is so small.

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Category:Industrial Goods and Services

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