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Victoria, TX CAT plant to hopefully see increased production from more highway construction funding

Victoria, TX CAT plant to hopefully see increased production from more highway construction funding

by admin | Aug 17, 2016 | Constuction & Business News, Manufacturer News

The Texas constitutional amendment Proposition 7 that was passed in November 2015 to dedicate more funding toward the State Highway Fund will hopefully impact Victoria’s Caterpillar plant production, Art Strother said. “If you want to, thank people in...
Manitowoc and SSK hold event to strengthen Peru’s crane market

Manitowoc and SSK hold event to strengthen Peru’s crane market

by admin | Aug 15, 2016 | Manufacturer News, Mining News

Manitowoc organized a luncheon with its Peruvian dealer and service center SSK to discuss upcoming opportunities and trends that are shaping the crane and lifting industry in the country. Approximately 45 companies were represented at the occasion, held in Lima....
Palfinger Marine terminates offer to buy Norwegian cargo handling equipment company TTS

Palfinger Marine terminates offer to buy Norwegian cargo handling equipment company TTS

by admin | Aug 15, 2016 | Crane & Lifting News, Manufacturer News

Equipment supplier Palfinger Marine says it has terminated its offer to buy Norwegian cargo handling equipment company TTS because insufficient TTS shareholders had accepted its offer by the deadline of 12 August, even though the TTS board of directors had recommended...
Trimodal Terminal, Belgium orders Terex Model 2 crane and container handler

Trimodal Terminal, Belgium orders Terex Model 2 crane and container handler

by admin | Aug 15, 2016 | Crane & Lifting News, Manufacturer News, Ports & Terminals

Terex Port Solutions (TPS) is supplying a diesel-electric Terex Gottwald Model 2 mobile harbour crane in the G HMK 2304 two-rope variant and a Terex Stackace E 6-8 empty container handler to the Belgian river port of Liège. The two cargo-handling machines will start...
Joy Global sells Texas steel mill for $29 million

Joy Global sells Texas steel mill for $29 million

by admin | Aug 12, 2016 | Constuction & Business News, Manufacturer News

Joy Global Inc. has sold a steel plate mill in Longview, Texas, for $29 million. Milwaukee-based Joy Global (NYSE: JOY) announced that it has sold the company to Charlotte, N.C.-based Nucor Corp. All steel mill employees have transitioned to Nucor employment. Joy...
Caterpillar sees more soft demand from energy, transport sectors

Caterpillar sees more soft demand from energy, transport sectors

by admin | Aug 12, 2016 | Constuction & Business News, Energy News, Manufacturer News

Caterpillar, Inc. expects no significant demand growth for its energy and transportation products for the rest of 2016 as oil prices stay weak, a senior executive said on Thursday. “Oil prices, drill rig counts and our customers’ fleet utilization rates...
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