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Bauer AG's nine-month Figures behind Expectations

  • Total Group revenues are down by 4.1 % to EUR 1,146.3 million;
  • EBIT improves by 4.4 % to EUR 38.0 million (previous year: EUR 36.4 million); Earnings after tax are EUR -4.0 million (previous year: EUR -2.7 million).
  • The order backlog remains stable at a high level of EUR 1,019.0 million
  • The full-year forecast has been corrected.
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Caterpillar Chairman and CEO to retire next Year

After more than 41 years with Caterpillar Inc. (NYSE: CAT), Chairman and CEO Doug Oberhelman has elected to retire, effective March 31, 2017. During his time as Chairman and CEO, Oberhelman has reinvigorated the company’s focus on serving customers while also driving a culture of quality and safety. Oberhelman led the company to its highest sales and revenue peak in its 91-year history in 2012, and, since that time, has successfully led the company through the unprecedented downturn affecting our key industries.

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ABB Rope Shovel continuously energized

Since the partnership was launched almost ten years ago, ABB has equipped 75 shovel excavators of world market leader Joy Global Surface Mining Equipment, Milwaukee (U.S.A.) with ACS800 low-voltage drive systems that are particularly modified for mining operations.

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SMT Scharf and Mühlhäuser found strategic Partnership in Tunnel Market

SMT Scharf GmbH, Hamm, a wholly-owned subsidiary of SMT Scharf AG (WKN 575198, ISIN DE0005751986), has concluded a cooperation agreement with Mühlhäuser GmbH of Freienbach, Switzerland. Exclusive marketing and sales by Mühlhäuser of a jointly developed logistics solution for tunnel applications worldwide forms the core of the strategic partnership.

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Superior continues aggressive new Product Development, debuts Freedom Feeder

Superior Industries Inc., a U.S. based manufacturer and global supplier of bulk material processing and handling systems, continues development of new material processing and handling solutions from Rock Face to Load Out with its launch of the new Freedom Vibrating Grizzly Feeder (VGF). Manufactured in widths to feed up 1,400 tons per hour (TPH), Superior engineers incorporated several key, differentiating features into their designs for the Freedom Feeder.

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Joy Global announces Agreement to be acquired by Komatsu in $3.7 billion all-cash Transaction

  • Komatsu committed to long-term growth of Joy Global, which will operate as a separate subsidiary of Komatsu

Joy Global Inc. (NYSE: JOY), a worldwide leader in high-productivity mining solutions, recently announced that its Board of Directors has unanimously approved a definitive merger agreement under which Komatsu America Corp., a subsidiary of Komatsu Ltd. (TYO: 6301), will acquire Joy Global in a transaction valued at approximately $3.7 billion, including Joy Global’s outstanding indebtedness.

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Beyond the Highway – Bosch is boosting its Commercial Vehicle and Off-road Business with a dedicated Organization

Bosch presents its innovative solutions for commercial vehiclesAs the top management of Bosch thought long and hard about new strategic business fields, the field of commercial vehicle and off-road (CVO) was still no more than a promising idea. Market studies showed that it was more than that. In this segment, encompassing trucks and 4000 hp construction machines, forklifts and harvesters, there is a potential for growth in the billions of euros in countries with increasingly strict environmental and safety regulations as well as in emerging regions with cities whose populations are rapidly exceeding the one million mark.

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Sandvik Construction: new QJ341+ Crusher

Sandvik-Crusher-QJ341_Eco Plus

Sandvik Construction Mobile Crushers and Screens will be introducing a new addition to the 341 jaw crusher range with the launch of the new QJ341+. This new model incorporates a double deck pre-screen as standard, broadening our offering of the bestselling QJ341 mobile jaw crusher in order to meet customer requirements.

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Superior Industries doubles Size of Plant in Columbus, Nebraska After Expansion

Superior Industries, Inc., a U.S.-based manufacturer and global supplier of bulk material processing and handling systems, recently completed a major expansion at its manufacturing plant in Columbus, Nebraska. The expansion creates space and adds capabilities for building newly launched Guardian™ Horizontal Screens and portable processing plants for crushing, screening, washing and feeding, in addition to the wet processing equipment already manufactured at the plant.

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Air operated Hoists provide the safe Solution whatever the Working Environment

The J D Neuhaus Profi TI range of air operated hoists incorporate many years of design and development, and have successfully proved their versatility and reliability following installations within a wide range of light, medium and heavy duty industrial workplaces. The major aspect of these hoists is that they have been engineered for extremes and can be safely operated even where hazardous working environments exist. Their compressed air supply, utilised for both power and control functions, does not initiate sparks, so providing an unbeatable advantage when hoists are operating in potentially explosive atmospheres. Even greater safety can be achieved by the prevention of sparks generated by static discharges or metal to metal friction contacts.

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