A full-line company deals in both the agricultural and construction equipment industries in most geographic and product categories in both agricultural and construction equipment.
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While Fiat's creditworthiness is worrisome and the idling of the construction equipment plants is less than a plus to the bottom line, I feel the agricultural division will perform robustly enough to weather the storm. By mid-summer I believe that construction will begin feeling the positive impact of the Obama administration's infra-structure legislation and provide a lift to construction sales.