by admin | Aug 5, 2016 | Constuction & Business News, Manufacturer News, Mining News
Even during the Great Depression in the 1930s, construction machinery titan Caterpillar managed to grow its business. But its sales have been shrinking since hitting a record in 2012. Last year its revenue decline accelerated to 15 percent. The company has been...
by admin | Aug 5, 2016 | Constuction & Business News, Manufacturer News
Business Finance News reports, Caterpillar’s largest dealers Finning International and Seven Group Holdings shared their views over current market situation and future outlook Take away from Finning International Yesterday, Baird Equity Research issued a report on...
by admin | Aug 4, 2016 | Constuction & Business News, Manufacturer News
Terex Corp. posted second quarter second quarter 2016 income from continuing operations of $109.6 million on net sales of $1.3 billion compared to income from continuing operations of $75.9 million on net sales of $1.4 billion a year ago. However, excluding a benefit...
by admin | Aug 4, 2016 | Constuction & Business News, Manufacturer News, Workforce News
WSAU reports Caterpillar has set the date to close its Prentice, WI facility. Workers will be laid off starting September 30th. Caterpillar announced earlier this year they’d be closing their Prentice Forestry products facility in Prentice as part of a global...
by admin | Aug 4, 2016 | Constuction & Business News, Crane & Lifting News, Offshore News
Kongsberg Maritime has been awarded significant offshore Engineering, Procurement, and Construction (EPC) contracts with China Merchants Heavy Industries (CMHI). The contracts, worth more than NOK 520 million, cover deliveries to two semi-submersible heavy lift &...
by admin | Aug 4, 2016 | Constuction & Business News, Energy News
A Houston-based company building the Bakken oil pipeline through 18 Iowa counties has developed contingency plans to battle snow, ice and sub-freezing temperatures, if necessary, during construction of the project. The Des Moines Register reports, Dakota Access LLC, a...
