Sany Heavy Industry Co. (600031), China’s biggest maker of excavators, may cut its unit-sales forecast for this year as government efforts to curb property speculation slow construction. “Given the weak market, I think ...
Tags: market view, excavators
Caterpillar Inc. CAT +0.06% plans to sell a majority stake in its third-party logistics division to private equity firm Platinum Equity for roughly $750 million. Under the agreement, Caterpillar will retain a 35% stake in the business. ...
Tags: market view, bulldozers/excavators
Nissan Motor Co. (7201), Japan’s second- biggest carmaker, and Hitachi Construction Machinery Co. (6305), the world’s largest maker of giant excavators, agreed to merge their forklift operations through a new venture. Nissan ...
Caterpillar Inc. (CAT), the world’s largest maker of construction equipment, reported a gain in first-quarter revenue that was less than analysts estimated after sales fell in China and Brazil. Revenue climbed 23 percent to $16 ...
Komatsu Ltd. (6301), the world’s second- largest maker of excavators, posted a 25 percent decline in fourth-quarter profit after Chinese sales declined. Net income fell to 37.7 billion yen ($464 million) for the three months ended ...
Tags: market view, excavators
With a focus on green energy technology, Doosan will give Intermat visitors a glimpse into its crystal ball with its concept hybrid excavators and unmanned robot excavators. It’s also playing up its 3-megawatt WinDS3000TM offshore ...
Tags: industry trends, excavators
In just over three years Putzmeister’s world, fashioned around the unforgiving business of concrete, came crashing down around it. For nearly half a century the Stuttgart-based company along with Schwing, its German arch rival, had ...
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- ...
China serves up some heebie-jeebies yet again, this time directed towards the global market for construction machinery. Sany Heavy, the country’s biggest maker of such cool-sounding machines as concrete pumps, excavators and cranes, ...
I XCMG maintained the industry lead with operating revenues of more than 87 billion yuan. In 2011, XCMG remained ahead in the industry with operating revenues of more than 87 billion yuan, registering enormous increases in taxes and profit. ...
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 ...
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 ...
It is a common fact that we find a wide variety of Construction Machines on every construction sites, which make the construction jobs easy, safe and quicker. Depending on the application, construction machines are classified into various ...
Quick couplers (also called quick hitches) are used with construction machines to allow the rapid change of buckets and attachments on the machine. They remove the need to use hammers to manually drive out and insert the mounting pins for ...
Tags: Learning Center, Quick coupler
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 ...