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 ...
Ingram Micro reported an operating loss for its Australian division of around $10 million in the first quarter, although the result was an improvement on the previous year. In releasing its first quarter sales results, Ingram Micro said ...
Tags: Ingram Micro, losses, sales results, gross profit
Stanley Black & Decker announced first quarter 2012 financial results. -- 1Q'12 Revenues Increased 12% To $2.7 Billion; Organic Revenues Up 3% -- 1Q'12 Diluted GAAP EPS, Including M&A Charges, Was $0.72 -- Excluding M&A Charges, 1Q'12 ...
Tags: Market View, hand tool
W.W. Grainger Inc. is expanding further into Latin America by buying Brazilian supply company AnFreixo SA. Grainger, which sells hand tools, cleaning products and other equipment to businesses, bought the company from Brazilian industrial ...
Tags: Market View
Indian machinery maker Sai Machine Tools Pvt. Ltd. is investing 35 million rupees ($700, 000) in a dedicated facility to make drip irrigation tube extrusion machinery. The company sees demand growing for technologies to help conserve the ...
Tags: machine
FLSmidth has been awarded a contract worth USD 83m (approximately DKK 470m) from the company Margem Companhia de Mineração (a subsidiary of Supremo Cimentos) for delivery of equipment and services for their new cement ...
Tags: market view, cement, production line
Haulotte Group has announced a 23 percent increase in sales to €306.9 million for 2011, driven by a doubling of sales in North America and increases of 77 percent in Latin America and 48 percent in Asia. However, the company said ...
Tags: market view, backhoe loaders
The Bosch Power Tools Division can look back on 2011 as a successful year of business: sales increased by more than seven percent to 3.8 billion euros. The division generated 90 percent of its sales outside of Germany. "We have again ...
Tags: Market View, power tool
According to an article in today's San Francisco Chronicle,electricity theft is a widespread problem across much of Latin America;in Brazil,for example,up to 20%of electricity is stolen. The workers of companies that take meter reads on ...
Tags: Smart meter, electricity theft, Brazil
San Jose, Calif. – Wood Panels, during the past few years, has gained mileage as a preferred material for decorative purposes in claddings, floorings, roof sheathing, internal linings, ceilings, and construction purposes. Wood Panels ...
Tags: industry trends, Wood Panel
A separate flotation of the European division of the Steinhoff concern could generate emission income of roughly 1.5bn.This was reported by Steinhoff CEO Markus Johannes Jooste on 20 February 2012 in an interview with the Bloomberg press ...
Tags: Steinhoff Europe Ipo, Steinhoff, CEO Markus Johannes Jooste
- 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% - ...
The forest industry plays a critical role in a country's economy right from supporting the production of a diverse variety of forest based products towards generating employment and providing recreational and tourism opportunities. Given, ...
Tags: industry trends, Forest Products
Columnist Amine Bouchentouf is a partner at Parador Capital LLC, an institutional advisory firm focused on commodities and emerging markets. He is the author of the bestselling Commodities For Dummies, published by Wiley. Amine is also the ...
Tags: Market View, copper, bronze, raw material
Iranian Ehdas Sanat Company will inaugurate a cement factory, named Cerro Azul, with the annual production capacity of one million tons in Venezuela by July 2012, the company s managing director said. The project is complete by 81 percent, ...
Tags: market view, cement