1135152--2/29/2008--FMC_TECHNOLOGIES_INC

related topics
{product, market, service}
{cost, regulation, environmental}
{cost, contract, operation}
{personnel, key, retain}
{gas, price, oil}
{operation, international, foreign}
{financial, litigation, operation}
{regulation, government, change}
Demand for the systems and services provided by our Energy Production Systems and Energy Processing Systems businesses depends on oil and gas industry activity and expenditure levels, which are directly affected by trends in the demand for and price of crude oil and natural gas. Demand for the systems and services provided by our FoodTech and Airport Systems businesses is significantly dependent upon our customers expenditures for capital equipment, and a prolonged substantial reduction in those expenditures could adversely affect the demand for our systems and services. The industries in which we operate or have operated expose us to potential liabilities arising out of the installation or use of our systems that could adversely affect our financial condition. Our customers industries are undergoing continuing consolidation that may impact our results of operations. Our operations and the industries in which we operate are subject to a variety of U.S. and international laws and regulations that may increase our costs, limit the demand for our products and services or restrict our operations. Disruptions in the political, regulatory, economic and social conditions of the foreign countries in which we conduct business could adversely affect our business or results of operations. We may lose money on fixed-price contracts. Due to the types of contracts we enter into, the cumulative loss of several major contracts or alliances may have an adverse effect on our results of operations. Our businesses are dependent on the continuing services of certain of our key managers and employees. Increased costs of raw materials and other components may result in increase operating expenses and adversely affect our results of operations and cash flows. Our success depends on our ability to implement new technologies and services.

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