Industry & Services >> Analyst Interviews >> May 2, 2011

Cost Reduction Trends In Machinery & Building Materials – Ted Grace – Susquehanna Financial Group Lllp

Ted Grace joins Susquehanna Financial Group LLLP (SFG) with 15 years of equity research and financial services-related experience. Prior to joining SFG, Mr. Grace was a Vice President at Avondale Partners, LLC, where he was responsible for the building materials, construction, and mining equipment and related services research group. Before joining Avondale, Mr. Grace spent eight years at Goldman Sachs, where he was a member of an equity research team that was top-ranked by Institutional Investor and Greenwich Associates. Earlier in his career, Mr. Grace spent four years at Banc of America Securities as a member of its natural resources group. He also spent two years as an Associate at PaineWebber after starting his career as a Financial Analyst at Duff & Phelps Corp. Mr. Grace earned a B.A. with a dual major in economics and political science from Bucknell University. Profile
TWST: Is your coverage U.S. machinery and building materials?

Mr. Grace: It is.

TWST: Are the two related or are they completely independent of each other?

Mr. Grace: Actually, they're related. The