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Caterpillar moving manufacture of mining components from North Carolina plant to Decatur, IL

Caterpillar moving manufacture of mining components from North Carolina plant to Decatur, IL

by admin | Aug 19, 2016 | Constuction & Business News, Manufacturer News, Mining News, Workforce News

PEORIA – Caterpillar officials say they plan on relocating the manufacture of several large mining truck components from its Winston-Salem, North Carolina facility to the Decatur, Illinois facility. Caterpillar asks for relief on jobs requirement in North...
Virginia based Carter Machinery to restructure due to ‘coal industry depression’

Virginia based Carter Machinery to restructure due to ‘coal industry depression’

by admin | Aug 18, 2016 | Energy News, Manufacturer News, Mining News, Workforce News

Carter Machinery has announced another round of restructuring, but has not yet released the number of employees who may be impacted in the company’s two Mercer County, VA locations. In a release issued today from corporate headquarters in Salem, Va., the company said...
Komatsu to develop construction machinery in Indonesia

Komatsu to develop construction machinery in Indonesia

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

TOKYO — Komatsu will open a site in Indonesia for developing construction equipment as early as the fall, the first time it has moved such functions outside Japan. The development center, to be set up at Komatsu Indonesia in Jakarta, will handle hydraulic...
Liebherr show off next generation mining truck in Australia

Liebherr show off next generation mining truck in Australia

by admin | Aug 17, 2016 | Manufacturer News, Mining News

Productivity, innovation, and efficiency gains are what all miners are looking for in their machinery. It’s no longer just being the biggest, but you have to be the best. Australian Mining was lucky enough to see one of the machines that fulfill these criteria during...
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....
Caterpillar affected by falling commodity prices and Chinese rivalry

Caterpillar affected by falling commodity prices and Chinese rivalry

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...
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