Tag: manufacturing: Page 2

Business

Caterpillar mining VP retires amid leadership shakeup

Chris Curfman, the chief mining executive at Caterpillar, will retire at the end of the year, ending a more than 20-year career at the company. Caterpillar announced the move this week amid big changes for the company, including a massive $1.5 billion cost reduction plan and a restructuring of leadership within the Mining Sales and Support Division, […]

September 25, 2015

Business

Caterpillar plans up to 10,000 job cuts as part of extensive $1.5 billion cost reduction plan

In the midst of a third straight year of down sales and revenues, Caterpillar has announced further cost cutting and restructuring in order to lessen the impact of what will likely be off a fourth-straight down year in 2016—a first in the company’s nearly century-long history. Planning large workforce cuts and the consolidation and closures of its […]

September 24, 2015

Construction Equipment

Holcim is burning shoes to reduce pollution when making cement

Holcim is using shoes to take a step toward being a leader as an environmentally friendly aggregate producer with its Vietnam operation. The company has forged a partnership with shredding company Untha to build a new Solid Recovered Fuel plant that will turn waste from the largest shoe factory in Vietnam into a fossil fuel substitute. The sneakers-turned-fuel will then power Holcim’s cement […]

August 18, 2015

Dealers

Manitou manufactures 500,000th machine, Stihl opens new facility and more in the latest Dealer and Manufacturing News Roundup

Manitou group manufactures its 500,000th machine Manitou Group has manufactured its milestone 500,000th machine. Manitou Americas will announce the celebration at various summer trade shows; Empire Farm Days in Seneca Falls, NY; Ag Progress Days in Pennsylvania Furnace, PA; and Wisconsin Farm Tech Days in Sun Prairie, Wisconsin. They will travel from Wisconsin to Europe, debuting […]

August 17, 2015

Dealers

Liebherr celebrates distribution evolution, Manitou launches new website and more in the latest Dealer and Manufacturing Roundup

Applied Machinery expands with new office location Applied Machinery Sales is expanding with a new office location in Rock Hill, South Carolina. This new location has nearly 48,000 square feet of space and will support their growing dealer network. The new facility will house the company’s parts and attachments inventory, handle daily orders and provide […]

July 31, 2015

Dealers

MacAllister Machinery breaks ground on new HQ, a JCB Mudfest and more in the latest Dealer and Manufacturing News Roundup

MacAllister Machinery breaks ground for new headquarters Indiana’s Caterpillar equipment dealer, MacAllister Machinery, celebrated a groundbreaking for its new headquarters on the Southeast side of Indianapolis. The 133-acre tract will house MacAllister’s new 345,000 square-foot headquarters and will allow the company to consolidate its heavy equipment shops, parts warehouse, light equipment sales and service and […]

July 17, 2015

Dealers

Lincoln Electric endows welding fund, a new H&E facility and more in the latest Dealer and Manufacturing News Roundup

Lincoln Electric endows Ohio State welding engineering program Cleveland-based Lincoln Electric and David Lincoln have co-funded the first endowed professorship in welding engineering at The Ohio State University. In addition to a $1 million donation, the company also donated or consigned approximately $420,000 worth of welding equipment and technology for use by Ohio State students […]

July 10, 2015

Business

Caterpillar to lay off another 170 workers at East Peoria plant

Caterpillar has announced it will lay off an additional 170 workers at its East Peoria, Illinois, plant where the company manufactures mining and construction equipment. According to a report from Peoria Journal Star, the company announced the layoffs in consecutive weeks. A cut of 120 workers from the plant was announced last week and the reduction […]

June 24, 2015

Business

KHL: Construction equipment revenues down as manufacturers trade places in top 10 rankings

Caterpillar and Komatsu remain the no. 1 and no. 2 construction equipment manufacturers in the world, respectively, to no surprise according to the latest edition of KHL’s annual Yellow Table study. However, four manufacturers traded places in the top 10. Volvo and Hitachi swapped, as did Terex and Liebherr though the publication does not note exactly […]

April 2, 2015

Business

Caterpillar to cut 230 jobs from Illinois plant in move of 2 production lines to Mexico

Caterpillar has announced that it will cut hundreds more manufacturing jobs, this time at its Joliet, Illinois facility as part of its continuing efforts to cut costs. According to a report from the Joliet Herald-News, Cat will cut 230 jobs at the plant and will move production of gear and engine oil valves to a plant in Monterrey, Mexico. […]

March 23, 2015

Business

John Deere cuts 910 ag factory workers, adds 220 to construction equipment facilities

John Deere announced today that it would layoff 910 employees across five agricultural equipment factories in Iowa and Illinois as the company cuts costs in response to an ongoing global farming slowdown. The heavy equipment manufacturer said it would layoff 565 from three plants in Waterloo, Iowa, as well as 300 in Ankeny, Iowa and 45 […]

January 23, 2015

Construction Equipment

Report: GM won’t have to completely retool factory for aluminum truck manufacturing thanks to new welding process

Ford’s new F-150 is the first pickup out of the gate in the race to reduce weight with aluminum, but a new welding system developed by General Motors will let GM introduce aluminum components to its current vehicle production lines without having to spend hundreds of millions in factory retooling costs. The manufacturing breakthrough will […]

November 28, 2014