Scott Technology insulated from trade war by geographic spread, chair McLauchlan says

Scott Technology insulated from trade war by geographic spread, chair McLauchlan says
Paul McBeth
By Paul McBeth Nov. 30 (BusinessDesk) - Scott Technology is confident it can survive the growing prospect of a US-led trade war with manufacturing around the world spreading its risk, says chair Stuart McLauchlan.  The Dunedin-based maker of robotic and automation systems derives about 94 percent of its revenue from exports and has been a happy buyer of businesses to expand its operations over the years. McLauchlan reminded shareholders at today's annual meeting in Dunedin that he was hopeful US President Donald Trump's new administration...