Industrial production accelerated in January, indicating manufacturing will remain at the forefront of the U. S. Economic expansion. Output (IPMGCHNG) at factories, mines and utilities rose 0.7 percent, the biggest gain in six months, ...
Tags: market view, heavy equipment
Engineering is an industry that has many uses for industrial boilers. The uses admit mining, pharmaceutical, food, and chemical. Many of the manufacturers that have these units for sale include Atlas, Caterpillar, Dickson, General Electric, ...
Tags: News Update, Market View, Boiler
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- ...
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 ...
China Yuchai International Limited announced on Jan. 30 that Yuchai Remanufacturing Services (Suzhou) Co., Ltd., the remanufacturing joint venture between its main operating subsidiary, Guangxi Yuchai Machinery Company Limited (GYMCL) and ...
Caterpillar Inc., (CAT) the largest construction and mining-equipment maker, plans to close a Canadian locomotive plant that employs about 800 people after failing to reach an agreement with locked-out union members. “The cost ...
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, ...
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 ...
Caterpillar Inc. (CAT) posted fourth- quarter profit that beat analysts’ estimates and said Wall Street projections for this year were too conservative, lifting the stock market and bolstering expectations the world economy will ...
Business activity in the U. S. Cooled in January as orders and employment slowed, indicating last quarter’s pickup in growth will not be sustained into 2012. The Institute for Supply Management-Chicago Inc. Said today its business ...
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 ...
Manufacturing in the U. S. Grew in January at the fastest pace in seven months, adding to signs of a global pickup from Germany to China. The Institute for Supply Management’s index climbed to 54.1, from 53.1 in December, the Tempe, ...
Manufacturing probably grew at a faster pace in January, a sign the industry will lead the U. S. Expansion early this year, economists said before today’s report. The Institute for Supply Management’s factory index rose to 54.5, ...
Tags: market view, Construction
Caterpillar Inc. (CAT), the largest construction and mining equipment maker, said the business cycle is in the early stages of a recovery and the company expects to see a “tail wind” from U. S. And European demand. “We are ...
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 ...