by Crane Market | Jul 6, 2016 | Constuction & Business News
The Construction MMI held steady at 66 in July, as spending remains stubbornly low during the traditionally strong East Coast construction season. According to AG Metal Miner, construction spending during May reached a seasonally adjusted annual rate of $1,143.3...
by Crane Market | Jul 5, 2016 | Constuction & Business News, Manufacturer News
Doosan Bobcat Inc., a unit of power and construction equipment conglomerate Doosan, has applied for preliminary approval for its initial public offering planned for this year, the country’s main bourse said Tuesday. Doosan Infracore Co. and Doosan Engine...
by Crane Market | Jul 5, 2016 | Constuction & Business News, Manufacturer News, Mining News
As the international mining industry has hit increasingly hard times, Chinese heavy-duty equipment manufacturers have worked harder to find new opportunities in the globa lmarket. Dalian Huarui Heavy Industry Group, a company listed on the Shanghai Stock Exchange, is...
by Crane Market | Jul 5, 2016 | Constuction & Business News, Manufacturer News, Ports & Terminals
In early 2015, JCB received what was then the company’s largest single vessel shipment of 341 construction and agricultural machines to the Georgia Ports Authority from its manufacturing facility in the United Kingdom. That record was broken when JCB’s UK facility...
by Crane Market | Jul 1, 2016 | Constuction & Business News, Mining News
Gold and copper miner says selling its stake is aligned with priorities to lower debt, fund highest margin projects. The WSJ reports, the U.S. gold producer Newmont Mining Corp. said Thursday that it would sell its 48.5% economic interest in the operator of the Batu...
by Crane Market | Jul 1, 2016 | Constuction & Business News, Workforce News
WASHINGTON (AP) — U.S. construction spending fell for a second month in May, with weakness hitting all areas of building. Construction spending declined 0.8 percent in May following a 2 percent tumble in April, the Commerce Department reported Friday. The April figure...