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Caterpillar CEO – ‘We have to lead digital. By the summer every machine will be connected.’

Caterpillar CEO – ‘We have to lead digital. By the summer every machine will be connected.’

by admin | Apr 25, 2016 | Constuction & Business News, Manufacturer News

Caterpillar is the world’s leading provider of machinery and after another set of poor results, the company is looking to smart data and connected products to drive growth. One of the world’s largest manufacturers of machinery and engines, Caterpillar, has delivered...
Pipeline safety: Event promotes importance of calling 811 in Texas

Pipeline safety: Event promotes importance of calling 811 in Texas

by admin | Apr 25, 2016 | Constuction & Business News, Heavy Equipment, Crane & Construction Accidents, Workforce News

Thousands of miles of line of varying diameter — from the fiber optics carrying telephone, television and Internet to larger metal pipes carrying water, sewer, natural gas and petroleum products — lie underground. For the most part, people and pipelines...
Listen to the NPR Radio “Good Bulldozer, Bad Bulldozer” segment

Listen to the NPR Radio “Good Bulldozer, Bad Bulldozer” segment

by admin | Apr 25, 2016 | Constuction & Business News, Heavy Machinery News

Everybody loves a bulldozer. In fact, we all grew up loving bulldozers, didn’t we? From “Benny the Bulldozer” to Katy and her big snow, from all the Tonka toys to all the die cast model Caterpillars, the bulldozer is more of an icon in American...
DiamondCorp invests in additional mining equipment

DiamondCorp invests in additional mining equipment

by admin | Apr 25, 2016 | Constuction & Business News, Heavy Machinery News, Manufacturer News, Mining News

Dual-listed diamond mining and development company DiamondCorp has bought additional mining equipment after reporting earlier this month that it was experiencing operational issues relating to the breakdown of its existing equipment fleet at the Lace diamond mine. It...
Joy Global (JOY) is Upgraded by Goldman to Neutral, Raises Price Target to $ 24

Joy Global (JOY) is Upgraded by Goldman to Neutral, Raises Price Target to $ 24

by admin | Apr 25, 2016 | Constuction & Business News, Manufacturer News, Mining News

Joy Global (JOY) was Upgraded by Goldman to ” Neutral” according to the research note released today. The brokerage firm has raised the Price Target to $ 24 from a previous price target of $13 . Earlier the firm had a rating of “Sell ” on the company shares. Goldman...
Ritchie Bros’ huge auction a symptom of Alberta’s battered oil economy

Ritchie Bros’ huge auction a symptom of Alberta’s battered oil economy

by admin | Apr 25, 2016 | Constuction & Business News, Energy News, Heavy Machinery News

Ritchie Bros. Auctioneers will hold what it says is the largest-ever Canadian industrial auction this week – a selloff of more than 10,000 items, including many pieces of idled equipment from the country’s battered energy sector. The massive sale that begins south of...
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