U.S. Durable Goods Orders Up Two Percent In July
Orders to U.S. factories for long-lasting manufactured goods rose in July, and demand in a key category that tracks business investment plans jumped by the largest amount in 13 months.
August 26, 2015 – Manufacturing.net
Total to pull out of coal
The world's fifth-largest energy company Total will no longer produce coal after selling off its last mining affiliate, Total Coal South Africa.
August 26, 2015 – Mining World
Manufacturing Sector Starts Q3 with Improved Activity
Last week, there were some encouraging signs that the manufacturing sector in the United States was starting the third quarter with improved activity.
August 21, 2015 – National Association of Manufacturers
Fanuc Invests in Startup as Robot Intelligence Race Heats Up
Fanuc Corp. announced a 900 million yen ($7.3 million) investment in artificial intelligence startup Preferred Networks Inc. as the race to endow industrial robots with learning capabilities heats up.
August 21, 2015 – Bloomberg
Latin American mines are most dissatisfied with the cost of maintenance and servicing
A new survey by Timetric's Mining Intelligence Center (MIC) has shown mines throughout Latin America are dissatisfied with their Original Equipment Manufacturers (OEMs) over cost-related factors, in particular maintenance and servicing costs.
August 20, 2015 – Mining World
Terex Trucks appoints Equipment Sales & Service Ltd.
Edmonton-based heavy equipment supplier, Equipment Sales & Service Ltd. (ESS), has been appointed by Terex Trucks as the official distributor and service provider of articulated and rigid haulers in Alberta, Canada.
August 19, 2015 – Mining World
Metso to close mining equipment manufacturing plant in Pennsylvania
Finland-based Metso has announced plans to close its mining equipment manufacturing plant in York, Pennsylvania, US.
August 18, 2015 – mining-technology.com
Peru economy beats expectations with 3.87 pct growth in June
Peru's economy grew by a faster-than-expected 3.87 percent in June from a year earlier, a strong uptick from May and one of the fastest monthly expansions of the past year, state statistics agency Inei said on Friday.
August 14, 2015 – Reuters
Mining equipment in Latin America: What does the future hold?
Despite recent struggles in the mining sector, Latin America continues to be an important destination for mining investment, exploration, development and equipment manufacturing.
August 13, 2015 – Global Mining
Manufacturers Continue to Add Workers in July
Manufacturers added 15,000 net new workers in July, the fastest pace since January.
August 11, 2015 – National Association of Manufacturers
Polls show Trump leading Iowa as rivals head to state fair
Donald Trump has taken the lead among Republican presidential candidates in Iowa as his GOP rivals prepare to make their pitches at the State Fair opening Thursday in Des Moines.
August 11, 2015 – Agri-Pulse
Former Atlas Copco executive to head Sandvik
Björn Rosengren has been named president and CEO of Sandvik. He will take up the post on November 1, succeeding Olof Faxander who has left the company with immediate effect.
August 11, 2015 – International Construction
Lincoln Electric Acquires Rimrock and Wolf Robotics
Welding manufacturer Lincoln Electric Holdings has acquired Rimrock Holdings Corp., a privately held manufacturer and integrator of industrial automation products and robotic systems with two divisions, Wolf Robotics LLC and Rimrock Corp.
August 7, 2015 – RER
Case is set to host a music festival to benefit the Wounded Warrior Project
Case Construction Equipment is trading in the machines for microphones Labor Day weekend as it plays host to a music festival in Wisconsin to benefit the Wounded Warrior Project.
August 4, 2015 – Aggregates Manager
Attention Turns to China's Decelerating Growth
Just two weeks ago, the Greek debt drama overshadowed the plunge in the Shanghai stock market, but with Greece receiving a bailout (and staying in the Eurozone, at least for now), more attention is being paid to China's decelerating growth.
July 31, 2015 – National Association of Manufacturers
Caterpillar 2Q results mixed; cuts 2015 revenue forecast
Caterpillar's says it's looking to manage costs as ongoing economic weakness in countries like China and Brazil and soft commodity prices pressure sales.
July 23, 2015 – Chicago Tribune
Terex appoints Rocktec in NZ
As part of its expanding business strategy for global distribution, Terex® Minerals Processing Systems are pleased to announce the appointment of Rocktec, who will become the new Distributor for New Zealand.
July 21, 2015 – Mining World
Fed Chair Notes Economic Progress, Lingering Challenges
In her semiannual congressional testimony last week, Federal Reserve Chair Janet Yellen noted recent progress in the U.S. economy, even as she observed lingering challenges with manufacturing output and weaker-than-desired levels of consumer and business spending.
July 21, 2015 – National Association of Manufacturers
University of Utah gets recognized for spearheading American manufacturing and economic growth
Deputy Administrator Douglas Kramer from the U.S. Small Business Administration will visit the University of Utah, host of the Utah Advanced Materials and Manufacturing Initiative (UAMMI), which last week was named as one of twelve winners of the Investing in Manufacturing Communities Partnership (IMCP) competition
July 16, 2015 – The Street
Caterpillar dealer to purchase aggregate equipment supplier
Wagner Equipment Co. entered an agreement with Inter-Mountain Construction Equipment Inc. to acquire all assets of Inter-Mountain.
July 16, 2015 – Pit & Quarry
Manufacturing Sector Not Fully Recovered from Early Weakness
There are several reminders that the manufacturing sector has not recovered fully from economic weaknesses earlier in the year, even as business leaders remain cautiously optimistic about activity in the coming months.
July 6, 2015 – National Association of Manufacturers
U.S. economy nearing full employment, bounced back in second quarter: Fed's Fischer
The U.S. economy probably bounced back to an annual growth rate of around 2.5 percent in the second quarter, and the labor market is approaching full employment, Federal Reserve vice chairman Stanley Fischer said on Tuesday.
July 1, 2015 – Reuters
CAT to lay off 50 more workers at Illinois Campus
Caterpillar will lay off an additional 50 workers at its East Peoria, Ill., campus due to a downturn in the demand for mining equipment, reports Business Insider. The company currently employs 3,900 workers at the site.
June 23, 2015 – Construction Equipment
Fast-track back before Senate
The Senate is poised to vote a second time on granting President Obama fast-track trade authority.
June 22, 2015 – The Hill
US Mining activity remains weak
U.S. industrial production unexpectedly fell in May as manufacturing and mining activity remained weak, a sign that a strong dollar and spending cuts in the energy sector continued to constrain economic growth.
June 16, 2015 – Mining World