Earlier this month Caterpillar completed acquisition of Bucyrus, which is a major mining equipment manufacturer.
FORBES: Caterpillar Could Crawl To $116 With Earnings on Friday
And the other has to do with two of our largest mining equipment manufacturing facilities located in Illinois.
The first pick we will look at is Caterpillar, which manufactures and sells construction and mining equipment around the globe.
These Chinese holdings are followed closely by U.S. producers, Consol Energy and Peabody Energy and mining equipment company Joy Global.
From medical equipment and helicopters to turbines and mining equipment, these deals support more than 50, 000 jobs in the United States.
Moreover, a host of new technologies will be required, including more-powerful solar panels, electric-ion engines, extraterrestrial mining equipment and robotic refineries.
The best investors at Marketocracy in the past three weeks have added more than 29% to their holdings of this mining equipment company.
This will drive growth in sales of construction and mining equipment, diesel and natural gas engines, and industrial gas turbines manufactured by Caterpillar.
FORBES: China Will Drive Caterpillar's Long-Term Growth Despite Recent Weakness
Joy Global reported a 12 percent increase in third quarter earnings but the mining equipment maker cut its full-year profit and sales forecasts.
Caterpillar, for example, bought mining equipment firm Bucyrus International this week largely to take advantage of growing emerging market demand for raw materials.
Long lead times persist for oil drilling rigs, mining equipment and some other specialized machinery, but generally companies face no supply limitations when considering expansion.
FORBES: Economic Forecast Update, 2013-2014: Light-to-moderate Growth
Commodity prices remain high enough to keep mining equipment demand high.
FORBES: Caterpillar "Bulldozes" Earnings, Global Growth Still On
Furthermore, how long will it be before the EPA assumes greenhouse gas regulatory authority over airplanes, buses, boats, tractors, RVs, lawn mowers, motorcycles and mining equipment?
The proposed ERA Mining deal also comes after another proposed large investment in another Hong Kong-listed mining equipment company by Joy Global of Milwaukee earlier this year.
FORBES: Caterpillar Bid Lifts ERA Mining Shares By 21% In Latest HK Takeover
In earnings news, mining equipment maker Joy Global (JOY) beat earnings expectations but the company said its fiscal 2013 forecast would not meet estimates, sending shares lower today.
This has impacted the demand for mining equipment and machinery manufactured by Caterpillar and other mining equipment manufacturers, causing them to lower their earnings forecast over the short-term.
Environmentalists are blocking everything from a new cement plant in North Carolina to the movement of mining equipment along rural roads in Montana, often with the most tenuous of rationales.
Investors in Caterpillar got a nasty surprise last Friday when the company revealed that it had uncovered massive fraud at a Chinese mining equipment firm that it bought last year.
FORBES: Alleged Fraud At Caterpillar's Chinese Acquisition Puts Spotlight On U.S. Principals
The delays were caused by new Argentine import restrictions, which the company said has hindered its ability to purchase necessary spare parts in-country to keep all open-pit mining equipment in continuous operation.
FORBES: Pan American Silver Anticipates Navidad Study By Year-End; Encouraged By Argentine Politics
The company is not resting on its laurels either, steaming forward with the integration of acquisitions like mining equipment maker Bucyrus and upping its commitment to growth by spending some of the cash it generates.
FORBES: Caterpillar Bullish On 2012 After Record Fourth Quarter
Caterpillar, the giant global manufacturer of construction and mining equipment, also considered to be a bellwether for global economic conditions, reported an unexpected 13% plunge in orders in the three-month period from December through February.
China is one of the largest markets for large machinery and mining equipment, and we believe that this expansion will help Caterpillar expand its footprint and gain market share in not only China but also other emerging markets in Asia.
In its second-quarter earnings report that beat market expectations on Tuesday, Caterpillar said strong sales outside of North America are being driven by solid economic growth in the developing world, investment in infrastructure almost everywhere, and high commodity prices that encourage its customers to invest in mining equipment.
In its second-quarter earnings report that beat market expectations on Tuesday, Caterpillar (nyse: CAT - news - people ) said strong sales outside of North America are being driven by solid economic growth in the developing world, investment in infrastructure almost everywhere, and high commodity prices that encourage its customers to invest in mining equipment.
Caterpillar alleged that Siwei, a mining-equipment firm in Zhengzhou, had falsely inflated its revenues over many years prior to the 2012 acquisition.
FORBES: Caterpillar Settles With Principals Of Troubled Chinese Acquisition
Just weeks later, in 1999, it filed for bankruptcy protection, reeling from downturns in mining and papermaking equipment and freewheeling spending by former chief Jeffrey Grade.
One advantage of the economic slowdown was the reduction in mining activity that made equipment makers like Caterpillar and Hitachi offer better deals.
The Illinois-based manufacturer of mining and earth moving equipment reported third quarter earnings that blew past Wall Street estimates, and the company also raised its full year guidance, sending shares up more than 5% this morning.
FORBES: Caterpillar "Bulldozes" Earnings, Global Growth Still On
On average, private wholesalers of construction, mining, farm and industrial equipment (NAICS 4238) saw sales increase nearly 15 percent in 2011, compared with about 13 percent in 2010.
应用推荐