04.09.2006
Hitachi struggles for Asia
Hitachi Construction Machinery Co. Ltd. said on Friday it plans to invest about $179 million to build a domestic parts factory to meet strong demand in China and India.
Boosted by surging demand in the mining industry and rapid growth in China, global makers of excavators, bulldozers and wheel loaders are bullish about the future.
"Even with this additional plant, we doubt we can keep up with demand and are expanding production overseas," a Hitachi
29.08.2006
ChTZ 15th Anniversary in Kazakhstan: it’s not the time to stop short at the gained
The first standing representative office of Chelyabinsk Tractor Plant (ChTZ) in Kazakhstan’s new capital city Astana celebrated its 15th anniversary in August.
UralPressInform Agency informed by Valeriy Platonov, the Director General of OOO ChTZ-UralTruck, a small state-owned business named Tzelinograd-ChTZ-Service was set up in Astana, former Tzelinograd, in 1991 to protect ChTZ interests in Kazakhstan’s
25.08.2006
USA exports: not a single step behind
According to the Association of Equipment Manufacturers (AEM), Milwaukee, Wis., exports of U.S.-made construction machinery totaled $6.68 billion for the first half of 2006, a 10-percent increase compared to January-June 2005. The AEM North American-based international trade group consolidates U.S. Commerce Department data with other sources into a quarterly export trends report.
Central America took delivery of 44 percent more American-made construction
15.08.2006
Komatsu to benefit from Beijing Olympics
Komatsu Ltd., the second-biggest maker of earthmoving equipment, said China will account for 10 percent of its construction machinery sales by 2010, as economic growth and preparations for the 2008 Beijing Olympics spur demand.
China accounted for 5.3 percent of Komatsu"s earth-moving equipment sales last fiscal year, totaling $591 million. The proportion rose to 7.5 percent in the three months to June, as revenue gained 62 percent to $235 million.
Komatsu,
08.08.2006
KAMAZ gives more reasons for pride
According to results of first seven months of 2006, Russian truck giant KAMAZ exceeds more than one-third last year’s production and sales rates of trucks. Since the beginning of the year, the company has shipped 22,430 trucks, which is 35% more than the same period of 2005.
The company exported over 1,000 vehicles a month. Totally, since early 2006, customers outside Russia purchased 5,636 trucks (29% increase compared to 2005).
For needs of truck production, 27,616 engines
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