Faisal Laljee submits: Komatsu Ltd. is a Japanese entity that engages in the manufacture and sale of construction and mining equipment, industrial machinery & vehicles and electronics products. It is also expanding its businesses into other areas such as housing, transportation and logistics equipment.
Finning International Inc.’s (Finning) Canadian division, Finning (Canada), is celebrating delivery of the 100th Caterpillar 797 haul truck to the Alberta oil sands. The 797, the largest mining truck in the world, was delivered to Albian Sands Energy Inc., which now operates 25 Cat 797 haul trucks at its Muskeg River mine. Albian’s truck fleet […]
Caterpillar, known for its yellow bulldozers, could be called a trailblazer in Asia. The Peoria, Ill.-based construction equipment maker has been moving much of the business overseas and investors are finally noticing. Shares of the compnay rose 2.5% to $67.82 on Feb. 15 on news that Caterpillar executives are discussing a plan to buy most […]
Caterpillar, the world’s largest maker of construction and mining equipment, diesel and natural gas engines, and industrial gas turbines, has purchased aPriori’s Enterprise Cost Management Software Platform to be used in its North American operations.
The aPriori Enterprise Cost Management Software Platform provides real-time, predictive cost assessments throughout the entire product development, manufacturing, sourcing and delivery […]
Toromont Industries Ltd. (TSX: TIH) announced today that its Toromont CAT division has been selected by Goldcorp Canada Ltd. to supply and service a new fleet of Caterpillar underground mining loaders and trucks. This fleet will be replacing existing units at Goldcorp’s Musselwhite mine north of Pickle Lake, Ontario, and its Red Lake mine north […]
Rising oil prices gave the Toronto stock market a solid push ahead Friday morning.
But New York markets fell after early gains as solid economic data raised concerns about what where interest rates are heading. Toronto’s S&P/TSX composite index gained 60.01 points to 12,987.29.
The energy sector led advancers, up 1.1 per cent with the March crude […]
Caterpillar Inc. (CAT) said Friday its net quarterly profit rose 4.3 percent, helped by increased sales of engines and other machinery, and it stuck by its full year forecast, sending its shares higher.
Although the company has been pressured by higher operating costs and weak demand from U.S. builders — pressures that are expected to continue […]
As mining heavy equipment giant Caterpillar joined with the U.S. Climate Action Partnership (USCAP) Monday to proclaim their support for mandatory U.S. emissions reductions, the National Mining Association declared its opposition to the group’s policy proposals.
In a news conference, CAT Chairman and CEO Jim Owens said his company believes in the need for a market-based […]
A manufacturing company on Clow Lane has discovered its niche and made it work in a competitive global market.
“Our niche is service,” said Don Hutchins, vice president and general manager of SanCasT.
Situated on 22 acres off Clow Lane, the company is starting its 31st year in Coshocton, and in recent years has grown from 40 […]
Newmont Mining and other foreign owners are selling a combined 3 percent stake in a big copper and gold mine in Indonesia to local firm PT Trakindo Utama for about $100 million, two sources told Reuters on Friday.
“They will sell 3 percent to Trakindo. That is quite certain,” said one source who is familiar with […]