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Despite the slowing North American and European markets, automation suppliers continued to post strong double-digit revenue growth in the second quarter of 2008.  Strong oil & gas project activity in all regions, including North America and Latin America, helped to boost supplier sales.  The mining industry also contributed heavily to the bottom line.  All suppliers reported extraordinary year-on-year growth in China, India, and the Middle East.  Demand for automation products will remain strong as developing countries build new plants and energy infrastructures, and as manufacturers in developed nations work to increase their capacity and modernize their existing systems.

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