Nearly three out of four manufacturing CFOs (73%) expect their company’s revenues to increase in the coming year – and nearly half (46%) predict increased profit margins. 

That’s according to an annual survey of U.S. manufacturing company CFOs conducted by Bank of America Business Capital, one of the world’s largest asset-based lenders.

The Bank of America Business Capital 2006 CFO Outlook, conducted by telephone from mid-August through mid-September 2005, surveys CFOs from 600 U.S. mid-size and large manufacturers with revenues ranging from $25 million to $2 billion.

Thirty-eight percent of respondents plan to fuel their revenue growth through increased capital expenditures.  Thirty percent expect to participate in a merger or acquisition in 2006, up sharply from 23% last year and the highest percentage since the survey was first conducted in 1998.

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