277509--2/27/2009--FEDERAL_SIGNAL_CORP_/DE/

related topics
{capital, credit, financial}
{product, market, service}
{personnel, key, retain}
{customer, product, revenue}
{operation, international, foreign}
{product, liability, claim}
{competitive, industry, competition}
{condition, economic, financial}
The execution of our growth strategy is dependent upon the continued availability of credit and third-party financing arrangements for our customers. We rely on access to financial markets to finance a portion of our working capital requirements and support our liquidity needs. Access to these markets may be adversely affected by factors beyond our control, including turmoil in the financial services industry, volatility in securities trading markets and general economic downturns. Our financial results are subject to considerable cyclicality. The inability to obtain raw materials, component parts, and/or finished goods in a timely and cost-effective manner from suppliers would adversely affect our ability to manufacture and market our products. We operate in highly competitive markets. We have international operations that are subject to foreign economic and political uncertainties. Failure to keep pace with technological developments may adversely affect our operations. Our ability to operate effectively could be impaired if we fail to attract and retain key personnel. We may incur material losses and costs as a result of product liability, warranty, recall claims or other lawsuits or claims that may be brought against us.

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