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nbsp #0183 #32 After a decade of steep and sustained growth the mining equipment business is beginning a cyclical downturn according to a new analysis by Lux Research In 2024 capital spending in the mining sector is predicted
Wow Caterpillar Inc announced it will purchase Bucyrus Intl Inc BII for $ billion cash plus assumption of $1 billion of BII debt for a total transaction price of $ billion or $92 per share a 32% premium to the BII
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nbsp #0183 #32 Mining equipment makers may be the latest victim of the downward spiral in commodity prices On Tuesday two mining equipment makers Joy Global and Bucyrus International fell after JPMorgan analyst Ann Duignan
GE Transportation plans to take over two underground mining equipment manufacturers in its ongoing effort to grow in that market segment which has posted consistent growth worldwide over the past decade The Erie Penn based
Dark Roasted Blend The Rusting Monsters of Lopatino s Mines quot QUANTUM SHOT quot #245 Huge Mining Machines Abandoned in Russian Countryside The quot haunted quot Russian countryside is an interesting place where artifacts of the faded
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For the German equipment makers some statistics support the idea that the FTA has aided exports Dae Joo s Kim said he s not sure the FTAs will be positive overall for Korean plastics equipment makers
Protecting surface and underground mining equipment against fires can be challenging Mobile equipment such as excavators and dozers contain large quantities of diesel fuel lubricating oils and hydraulic fluids Fluids come
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Car makers and other manufacturers have been getting a boost This is because the price of minerals they use like copper and iron ore are getting lower Not good news though for the companies that make the huge equipment
Recent earnings data from main heavy machinery companies such as Caterpillar NYSE CAT Atlas Copco STO ATCO B A and Sandvick STO SAND show that the decade long growth in the mining suppliers and equipment sector has come
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