Volvo Construction Equipment ended its fourth quarter with a 14 percent increase in net sales, helping the company to a full year sales increase of 21 percent in 2011. Volvo CE sold 84, 000 machines last year, up from 66, 000 in 2010, began ...
Caterpillar Inc. Announced on Feb. 17 it has selected land near Athens, Georgia, as the location for a new facility that will build small track- type tractors and mini hydraulic excavators. The state-of-the-art, one-million-square-foot- ...
- Full year Net Sales increase 25% to $18.1 billion - Agricultural equipment +23% to $14.2 billion - Construction equipment +32% to $3.9 billion - Full year Equipment Operations - Operating Profit of $1.5 billion, an increase of 65% - ...
Caterpillar Inc. Delivered record-breaking 2011 sales and revenues of $60.138 billion, an increase of 41 percent from $42.588 billion in 2010, citing “outstanding execution and stronger global demand, ” as the impetus. Profit in ...
The American Rental Association expects overall North American rental industry revenues to increase “at least” 7 percent in 2012 to total $33.5 billion, based on figures compiled by IHS Global Insight. This number reflects the ...
The overseas distribution of horizontal directional drill of the Xuzhou Xugong Foundation Construction Machinery Co., Ltd has maintained a promising trend, as the 18, 32 and other tonnage level high-power horizontal directional ...
China has laid claim to a pillar of German industry after Sany Heavy Industry, the country’s largest construction equipment group, said it would acquire Putzmeister, a Mittelstand company that makes high-tech concrete pumps. The deal ...
21 January 2012 - Sany Heavy Industry Co., Ltd and CITIC Private Equity Advisors (Hong Kong) Co., Ltd. Signed a merger agreement with Putzmeister Holding GmbH. This marks for the first time a Chinese company acquires a well-known Germany ...
Asian stocks rose, with a regional benchmark index headed for its biggest monthly rally since September 2010, as Greek Prime Minister Lucas Papademos said major progress was made in debt-swap talks and Japan’s industrial production ...
Tags: market view, factory robots
Sany Heavy Industry Co. (600031), headed by China’s richest man, and a partner will pay 360 million euros ($475 million) for concrete-pump maker Putzmeister Holding GmbH to add technology and expand overseas. The Chinese ...
Excavators are heavy construction equipment consisting of a boom, stick, bucket and cab on a rotating platform (known as the "house"). The house sits atop an undercarriage with tracks or wheels. A cable-operated excavator uses winches and ...
Zoomlion Heavy Industry Science & Technology Co. Said slower expansion in China's demand for cranes and excavators will carry on next year because of waning economic growth and cutbacks in railway building. "Demand for construction ...
Despite being tempered by the global recession, the world market for hydraulic equipment is expected to gain momentum over the next few years to reach USD38.9 billion by 2015. Hydraulics is the technology that uses fluid power to generate ...
Tags: hydraulic equipment, Global market
A compactor is a machine or mechanism used to reduce the size of waste material or soil through compaction. A trash compactor is often used by homes and businesses to reduce the volume of trash. Normally powered by hydraulics, compactors ...
Russian forest products group RusForest AB has recorded a third-quarter net loss of SKr77.5m (2010: SKr-65m). The company, which has blazed an acquisition trail in recent years, blamed the losse on on low capacity utilisation and start-up ...