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Komatsu Warns of Dwindling Profits on Yen, China Slowdown

Komatsu Warns of Dwindling Profits on Yen, China Slowdown

by admin | Apr 28, 2016 | Constuction & Business News, Manufacturer News

Hitachi Construction CFO says market won’t bottom until 2017 Japanese companies follow Caterpillar in cutting forecasts Komatsu Ltd., the world’s No. 2 maker of construction and mining equipment, said net income could drop by a third this year as demand flags...
Hiring in construction equipment manufacturing picks up in India

Hiring in construction equipment manufacturing picks up in India

by admin | Apr 28, 2016 | Constuction & Business News, Manufacturer News, Workforce News

NEW DELHI: Hiring activity in the construction equipment manufacturing industry is finally picking up after a three-year slowdown which impacted the industry’s performance. Riding on an anticipated growth due to the revival of road and infra projects, the...
China Zoomlion’s record Q1 loss raises questions on Terex deal funding

China Zoomlion’s record Q1 loss raises questions on Terex deal funding

by admin | Apr 28, 2016 | Constuction & Business News, Manufacturer News

* Zoomlion posts record quarterly loss * Company should reconsider Terex takeover after loss -analyst * Shares down as much as 2.5 pct in Hong Kong BEIJING, April 25 A record quarterly loss for China’s Zoomlion Heavy Industry Science and Technology Co has raised...
China’s Sany Heavy Industry Co reports jump in Q1 profits

China’s Sany Heavy Industry Co reports jump in Q1 profits

by admin | Apr 28, 2016 | Constuction & Business News, Manufacturer News

BEIJING, April 28 Chinese heavy machinery maker Sany Heavy Industry Co reported a more than 300 percent jump in its first-quarter net profits on Thursday. It did not give an explanation for the spike but said one of its subsidiaries took control of two firms in...
Kobelco at Bauma – Aftermovie 2016

Kobelco at Bauma – Aftermovie 2016

by admin | Apr 28, 2016 | Constuction & Business News, Equipment & Construction Videos, Manufacturer News

If you were unable to visit at Kobelco at BAUMA 2016, don’t worry, you can still experience the event, take a tour of the stand and meet the Next Generation Champions in an exclusive overview video from the...
AB2000 is the SANY European Customer of the Year 2016

AB2000 is the SANY European Customer of the Year 2016

by admin | Apr 28, 2016 | Constuction & Business News, Manufacturer News

MD Adam Bruce and General Manager Bill Marsh of AB2000 Crane and Plant Hire took a “business” trip to Bauma 2016 last week in Munich.  Bauma is the largest plant and equipment show in the world, held every 3 years in Munich Germany. This year saw Record-breaking...
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