Hyundai Heavy Industries (HHI) Group will build a big data platform for the group’s core businesses, including shipbuilding and offshore engineering, in partnership with Palantir Technologies Inc., a big data analytics company. The two parties also decided to consider establishing a joint venture to promote the big data platform business in the mid- to long-term. HHI Group announced that it…
Read MoreCategory: Manufacturers in Focus
Deere Acquires Majority Ownership in Kreisel Electric
Deere & Company has signed a definitive agreement to acquire majority ownership in Kreisel Electric Inc., a battery technology provider based in Rainbach im Mühlkreis, Austria. Kreisel develops high-density, high-durability electric battery modules and packs. Additionally, Kreisel has developed a charging infrastructure platform (CHIMERO) that utilizes this patented battery technology.
Read MoreHyundai Construction Equipment, Hyundai Doosan Infracore to Present “Smart Construction”
Hyundai Construction Equipment and Hyundai Doosan Infracore will showcase their advanced smart construction solutions and future unmanned construction equipment under the theme of “Intelligent Robotics” at the upcoming Consumer Electronics Show (CES) 2022 that will be held Jan. 5 to 8, 2022, in Las Vegas.
Read MoreCDE Recruiting Business Development Managers
CDE, one of the leading suppliers of sand and aggregate processing solutions for the global recycling, quarrying and mining industries, is set to strengthen its team in North America as it seeks to recruit a number of business development managers.
Read MoreDiemme Filtration Holds Streaming Convention
On Nov. 30, the first Diemme Filtration streaming convention took place. The event was organized for the international commercial launch of GHT5000F, a groundbreaking filter press designed to support stakeholders in an active and sustainable mining process, reducing risks and optimizing costs. The convention was an opportunity to discuss the important issue of tailings management and to compare notes on…
Read MoreAEM: EPA Authorizes Refrigerant in Off-Road Vehicles
A multi-year effort between the Association of Equipment Manufacturers (AEM) and a task force comprised of subject matter experts from its member companies recently led to the U.S. EPA signing a rule authorizing the use of HFO-1234yf as a refrigerant in off-road vehicles.
Read MoreMcLanahan Breaks Ground on New Anaconda Facility
McLanahan Corp. has broken ground on the development of a new factory in Ardboe, Co. Tyrone, Northern Ireland, for Anaconda Equipment. The facility will cover 31,330 sq. ft. and will be home to a new paint shop, blast area and assembly area. The new facility will allow for an increase in production capacity by up to 30%.
Read MoreCat Sales and Revenue Up 25%
Caterpillar Inc. announced third-quarter 2021 sales and revenues of $12.4 billion, a 25% increase compared with $9.9 billion in the third quarter of 2020. The increase was primarily due to higher sales volume, driven by higher end-user demand for equipment and services, and favorable price realization.
Read MoreHitachi Renames and Rebrands
Hitachi Construction Machinery Co. Ltd. renamed Hitachi Construction Machinery Loaders America, Inc. (headquarters: Newnan, Ga.), which is the U.S.-based consolidated subsidiary in charge of the manufacturing and sales of Hitachi branded wheel loaders in North America. The new company name is Hitachi Construction Machinery Americas Inc. as of Oct. 1.
Read MoreFirmatek Acquires Kespry
Firmatek, a provider of geospatial services to the stockpile and aggregate mining industry, announced the acquisition of Kespry Inc.’s drone-based aerial intelligence platform. The acquisition of Kespry’s mapping intelligence platform creates new market opportunities to deliver a vertical SaaS platform with Field-To-Finish automation for drone-based analytics.
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