May 20,2012
UNIT sales of utility ATVs in the UK have buoyed up the overall European market for quad bikes during the last six years. However, the market for all types of quad fell from 115, 000 units in 2005 to about 60, 000 units in 2011 - ...
May 19,2012
Shri Harish Rawat, Minister of State for Agriculture and Food Processing Industries has informed that the area under cotton cultivation as well as total cotton production in the country has been showing an increasing trend for the ...
May 18,2012
The European Union imposed tariffs as high as 61.4 percent on aluminum radiators from China to help Italian and Polish producers compete with cheaper imports. The duties punish Chinese exporters such as Zhejiang Guangying ...
May 17,2012
SKF has completed the integration of Société Nouvelle de Fabrication Aéronautique (SNFA) into the SKF Group and consolidated the SNFA brand under the SKF brand. SKF precision bearings are found in machine ...
May 16,2012
Stork Prints, a global leading leading digital ink producers which builds and sells printing machines and RIP software, will attend the ITMA Asia + CITME 2012 from June 12 to 16. During the show, it will display the new digital ...
May 15,2012
China (Yiwu) International Exhibition on Sewing Machinery & Equipment ("YIWU S&G 2012"), which is organized by China Commodities City Group Co Ltd and Adsale Exhibition Services Ltd, and the 13th China (Yiwu) International ...
May 14,2012
Sany Heavy Industry Co. (600031), China’s biggest maker of excavators, may cut its unit-sales forecast for this year as government efforts to curb property speculation slow construction. “Given the weak market, I think ...
May 13,2012
Caterpillar Inc. CAT +0.06% plans to sell a majority stake in its third-party logistics division to private equity firm Platinum Equity for roughly $750 million. Under the agreement, Caterpillar will retain a 35% stake in the ...
May 11,2012
OAO Russian Machines, a Moscow-based manufacturer controlled by billionaire Oleg Deripaska, will seek as much as $3 billion by selling a minority stake in overseas markets, said Chairman Siegfried Wolf. The company plans to sell ...
May 10,2012
TTS Group ASA (TTS) rose the most in more than nine years in Oslo trading after the developer of equipment for the marine and energy industries sold a drilling machinery unit to Cameron International Corp. (CAM) for $270 million. ...
May 09,2012
Nissan Motor Co. (7201), Japan’s second- biggest carmaker, and Hitachi Construction Machinery Co. (6305), the world’s largest maker of giant excavators, agreed to merge their forklift operations through a new venture. ...
May 08,2012
As market is a double-edged sword, the declining demands of one industry will certainly exert great influence on other relevant industries. At present, the developmental trend of metal crushing industry in 2012 is not as bad as ...
May 08,2012
Orders for U. S. Durable goods excluding transportation equipment probably rose in March, indicating manufacturing continues to contribute to growth, economists said before a government report today. Bookings for goods meant to ...
May 07,2012
Caterpillar Inc. (CAT), the world’s largest maker of construction equipment, reported a gain in first-quarter revenue that was less than analysts estimated after sales fell in China and Brazil. Revenue climbed 23 percent to ...
May 06,2012
Stronger than expected job creation and the beginning of a construction industry recovery means gains in real construction spending will materialize this year—after seven years of consecutive declines. According to the new ...
May 05,2012
Komatsu Ltd. (6301), the world’s second- largest maker of excavators, posted a 25 percent decline in fourth-quarter profit after Chinese sales declined. Net income fell to 37.7 billion yen ($464 million) for the three months ...
May 03,2012
Manufacturing in the U. S. Probably expanded at a slower pace in April than a month earlier, indicating the industry that spurred the recovery almost three years ago is cooling, economists said before a report today. The Institute ...
May 02,2012
Kobelco's sales of construction equipment totalled JPY 355 billion (US$ 4.40 billion) in the fiscal year ending March 31, 2012 - level with the previous year.A +17% increase in crawler crane sales compensated for a fall in the ...
May 01,2012
OC Oerlikon Corp AG (OERL), the Swiss maker of textile machinery that announced the sale of a solar unit to Tokyo Electron in March, said profits may rise further than earlier guidance as a slumping textile market stabilizes. ...
Apr 30,2012
ACIMIT, the Association of Italian Textile Machinery Manufacturers, is organizing two important workshops in Mumbai and Ichalkaranji, India, in order to respond to strong demand for Italian technology from the local textiles ...