Stowers Machinery Acquires Expanded Cat Mining Distribution Business
Stowers Machinery Corporation announced that it has acquired the expanded Cat Mining equipment distribution and support business for its territories from Caterpillar Global Mining LLC. Stowers Machinery is the authorized Cat dealer in East Tennessee.
September 17, 2014 – Construction Equipment Guide
Caterpillar is planning a Big Data lab that will assist in telematics development
Caterpillar has announced an expansion of its efforts in the realm of telematics and how the company analyzes the large amounts of complex data it collects from its customers' machines.
September 15, 2014 – Equipment World
Survey Shows Manufacturers Expect 4.4 Percent Growth in Next 12 Months
The latest NAM/IndustryWeek Survey of Manufacturers found that businesses are generally upbeat about the coming months.
September 15, 2014 – National Association of Manufacturers
Manufacturers See Sluggish Sales Growth in International Markets
Net exports have been a drag on the U.S. economy so far through the first half of this year, with manufacturers continuing to experience sluggish sales growth in international markets.
September 12, 2014 – National Association of Manufacturers
WesternOne buys Enerbilt
On September 9, 2014, a subsidiary of WesternOne entered into an acquisition agreement to purchase the assets of Enerbuilt, for an aggregate purchase price of $20 million.
September 10, 2014 – Canadian Rental Service
Expected Growth of Manufacturing Sales, Investment and Employment
The U.S. economy added 142,000 nonfarm payroll workers in August, a disappointing figure given signs of a rebound in many other indicators lately.
September 8, 2014 – National Association of Manufacturers
Rostec and Shenhua to invest in Russian coal mine
Russia's Rostec and China's Shenhua have signed a Memorandum of Understanding (MoU) to jointly explore coal deposits in Siberia and the Far East of Russia.
September 5, 2014 – Mining World
Crushed stone production up across United States
An estimated 346 million metric tons of crushed stone was produced and shipped for consumption in the United States in the second quarter of 2014, an increase of 8 percent compared with the second quarter of 2013, according to the U.S. Geological Survey (USGS).
September 5, 2014 – Pit & Quarry
Crusher Works named distributor of Sandvik surface drills
Sandvik Construction has named Crusher Works as the official distributor of Sandvik's surface drills. Crusher Works, based in Bessemer, Ala., will be selling customers drills, as well as offering full aftersales support and spare parts.
September 3, 2014 – Pit & Quarry
Economy grows but transition is fragile
Australia's economy is slowly shifting from its dependence on mining-led growth, but its recovery remains fragile.
September 3, 2014 – Yahoo Finance
Estimate: Economy will grow by 1.5 percent in 2014
The Congressional Budget Office said Wednesday that they expect the U.S. economy will grow by just 1.5 percent in 2014, in part because of a poor performance during the first three months of the year.
August 27, 2014 – CBS News
Data Suggest Manufacturing Rebound Continues to Strengthen
Economic data released last week suggest that the manufacturing rebound that we have seen since the winter continues to strengthen.
August 25, 2014 – National Association of Manufacturers
Thompson to Purchase Portion of Cat Mining Distribution
Thompson Machinery Commerce Corporation announced the acquisition of the expanded Cat Mining equipment distribution and support business for its territories from Caterpillar Global Mining LLC.
August 20, 2014 – Construction Equipment Guide
Pace of US coal mine idlings slowing in 2014
While the number of US coal mines idled in the first half of 2014 decreased compared to the second half of 2013, the Central and Northern Appalachia producing regions still accounted for the largest number of mines idled during the period, according to the latest analysis by SNL Energy.
August 20, 2014 – Mining World
Manufacturing Pace Rises at Fastest Rate in Two Years
Manufacturing production increased 1.0 percent in July, helping to lift the year-over-year pace of manufacturing output to 4.9 percent, its fastest annual pace since June 2012.
August 18, 2014 – National Association of Manufacturers
Atlas Copco appoints new VP for Business Development Pumps
Atlas Copco has appointed Per Rehn as vice president for Business Development Pumps for the Portable Energy Division.
August 15, 2014 – Mining World
Wirtgen acquires majority stake in Benninghoven
Wirtgen Group has acquired a 70% stake in asphalt mixing plant manufacturer Benninghoven, which is located in Mülheim, Germany.
August 13, 2014 – Mining World
Geopolitical Challenges Could Depress Second Half 2014 Forecasts
Geopolitical challenges could put downward pressure on growth forecasts for the second half of 2014.
August 12, 2014 – National Association of Manufacturers
The Export-Import Bank is NOT a subsidy
Opponents of reauthorizing the Export-Import (Ex-Im) Bank of the United States have been vocal in claiming that the bank distorts international trade and is a subsidy for U.S. businesses. The reality is the opposite.
August 7, 2014 – CNBC
US trade deficit narrows as imports drop
The US trade deficit fell in June after imports dropped 1.2% from the previous month, the biggest fall in a year.
August 6, 2014 – BBC News
Chile Economy Grows at Slowest Pace in More Than Four Years
Chile's economy grew less than analysts expected in June, expanding at the slowest pace since the aftermath of an earthquake in February 2010 that devastated the center-south of the country.
August 5, 2014 – Bloomberg
Philippi-Hagenbuch Partners with Susan G. Komen Memorial Pink Tailgate Initiative for Breast Cancer Awareness
Philippi-Hagenbuch, Inc. (PHIL) is working with the Susan G. Komen Memorial to increase breast cancer awareness and prevention and raise funds for research dedicated to finding a cure.
August 4, 2014 – forconstructionpros.com
U.S. Economy Rebounds After Slow Start, but Exports Still Weak
The U.S. economy has rebounded after a slow start to the year; net exports, however, continued to be a weakness.
August 4, 2014 – National Association of Manufacturers
Metso to adopt new strategy for growth
Metso Corporation has decided on a new strategy and a new operating model, designed to drive growth in the company's core businesses and strengthen its financial performance and value creation
July 31, 2014 – Mining World
Google's Big Data IoT Play For Manufacturing
"What if storage and compute power were free? How would that change the way you look at Big Data and the Internet of Things?" asked Tom Howe, Google's senior enterprise consultant for manufacturing during last week's 10th Manufacturing Leadership Summit in Palm Beach, Fla.
July 30, 2014 – Manufacturing Leadership