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business news

  • 2012-05-14       Terex joint venture in Russia
  • Terex Corporation, an American-based diversified global manufacturer of heavy equipment, has completed the formation of a joint venture with Russian Machines. The joint venture will manufacture, market and sell certain Terex products and all...

  • 2012-05-07       Hyundai Heavy Going well in 2012
  • Hyundai Heavy Industries (Hyundai) signed $120m worth of orders for earth-moving equipment at Intermat 2012. The orders include 1,050 excavators and 459 wheel loaders, and some others. At Intermat expo, Hyundai Heavy presented the new eco-f...

  • 2012-05-02       Komatsu's full year results
  • Komatsu's sales of construction and mining equipment for the fiscal year ending March 31 were up +7.7% to US$ 21.1 billion. Operating profit for the segment was up +11.5% to US$ 3.0 billion. The company says it saw sales rise in all regions...

  • 2012-04-23       Terex to accelerate development in the BRIC
  • Terex Corp said it will accelerate the development of its business in developing markets ,the BRIC, as Brazil, Russia, India and China through local production for local markets. President of developing markets and strategic accounts Steve...

  • 2012-04-19       First Brazil crane factory for Manitowoc
  • Manitowoc Cranes has announced it will build its first Latin American factory in Brazil. The facility will be located in Passo Fundo, a city in the southern state of Rio Grande do Sul. More than 400 people attended the inauguration of Manit...