Machinery

Q3 round up for Manitowoc, Cargotec, Caterpillar, Volvo

Q3_results

Manitowoc posts good Q3 results - The Manitowoc Company reported sales of US$935.4mn for the third quarter of 2011, an increase of 15.9 per cent compared to sales of US$807.1mn in the third quarter of 2010. The sales increase was driven by a 20.7 per cent increase in crane segment sales, coupled with a 10.2 per cent increase in food service segment sales.

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Dubai Cranes to work with UK crane manufacturer

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Dubai Cranes and Technical Services Ltd, a subsidiary of Dubai Investments has partnered with Street Crane to leverage the growing demand and undertake more complex infrastructure projects in the region

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Positive signs for construction machinery sales

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The market for construction machinery in the Africa/Middle East region totaled US$6.9 billion in 2010, representing six per cent of global demand, according to a new report from Freedonia Group.

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Caterpillar machinery sales rises by 35 per cent

Caterpillar_constructionCaterpillar saw global retail sales of its construction machinery jump by 35 per cent in the three months to the end of July, though the pace of growth weakened in most regions

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Caterpillar Q2 revenues increase by 37 per cent

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Caterpillar posted strong second quarter 2011 profits and revenues on the back of continuing improvement in demand around the world.

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