Heavy Machinery
Oshkosh Defense To Make Prototype Combat Vehicle
August 24, 2012 9:45 am | News | CommentsOshkosh Defense will initially get $56 million to build 22 "joint light tactical vehicles" and deliver them within one year. The government will test versions of the vehicle over the next 15 months and decide which company will get the contract. The Wisconsin State Journal reports that if Oshkosh Defense is chosen, it could mean roughly $13.75 billion in Defense Department contracts.
Orders Fall For Most U.S. Durable Goods In July
August 24, 2012 9:42 am | by Christopher S. Rugaber, AP Economics Writer | News | CommentsOrders for long-lasting U.S. factory goods, excluding the volatile transportation category, fell in July for the fourth time in five months, a sign that manufacturing may be faltering.The Commerce Department said Friday that orders for durable goods rose a seasonally adjusted 4.2 percent in July. But excluding aircraft and other transportation goods, orders dropped 0.4 percent.
Gardner Denver To Restructure, Mainly In Europe
August 17, 2012 11:06 am | by The Associated Press | News | CommentsThe Wayne, Pa.-based machinery maker will consolidate manufacturing facilities and reduce related staffing to increase efficiency.
Judge Approves Sale Of RG Steel Assets
August 15, 2012 7:49 pm | by RANDALL CHASE - AP Business Writer - Associated Press | News | CommentsRG Steel, the nation's fourth-largest flat-rolled steel manufacturer, has sold its Sparrows Point mill for $72 million, among others.
Austal USA To Add 1,000 Jobs At Mobile Shipyard
August 14, 2012 2:26 pm | News | CommentsAlabama's governor says the state will provide $5 million and job training to Austal USA to help the shipbuilder add up to 1,000 jobs in Mobile.
Ill. Gov. Quinn Supports Striking Caterpillar Workers
August 13, 2012 9:18 am | News | CommentsQuinn offered his support to workers striking outside a Caterpillar plant south of Chicago, saying, "When people are united, they can't be defeated."
U.S. Trade Deficit Falls To Lowest In 18 Months
August 9, 2012 9:11 am | by Christopher S. Rugaber, AP Economics Writer | News | CommentsExports rose 0.9 percent to a record high of $185 billion, driven primarily by increased sales of autos, pharmaceuticals, and industrial machinery.
Construction Of Ga. Tractor Supply Facility Under Way
August 7, 2012 9:43 am | News | CommentsCompany executives have said the $50 million, 650,000 square-foot distribution center in Macon will employ more than 200 workers.
On The Rise
August 6, 2012 1:13 pm | by Krystal Gabert, Editor, Food Manufacturing | Articles | CommentsGonnella Baking Company’s new kosher certification and product line expansions are leading the contract manufacturer toward increased growth and success.
Caterpillar Shares Jump, Profit Up 67 Percent
July 25, 2012 9:41 am | by Josh Funk, AP Business Writer | News | CommentsCaterpillar is the world's largest maker of construction and mining equipment, and its results are watched closely because they are considered an indicator of industrial activity and the health of the overall economy.
Bridge Builder To Open Facility In Virginia
July 10, 2012 12:10 pm | News | CommentsBridge building company Big R Bridge plans to invest $1.9 million and hire 30 workers for the facility to manufacture prefabricated bridge parts.
GE CEO: N.Y. Battery Plant To Get $70M Expansion
July 10, 2012 9:41 am | News | CommentsThe investment in the Schenectady plant will double production and add 100 new jobs to make more batteries for hybrid locomotives.
N.Y. Joining Revival Of Short-Line Rail Industry
July 5, 2012 2:53 pm | by Mary Esch, Associated Press | News | CommentsIncreased fuel costs and congested highways have made rail shipping more attractive around the country after the mode nearly collapsed in 2008.
Motorists Drive Tanks At Minnesota Action Park
June 29, 2012 10:55 am | by Jeff Baenen, Associated Press | News | CommentsA Minnesota business named Drive-a-Tank offers drivers the chance to pilot surplus military tanks around an old limestone quarry and smash junk cars.
Caterpillar Pulled From 'Socially Responsible' Indexes
June 27, 2012 9:21 am | by Blake Sobczak, Associated Press | News | CommentsThe investment group MSCI Inc. cited the use of Caterpillar bulldozers in the Israel-Palestine region, along with employee safety and environmental concerns.
Nucor's Blytheville Plant To Get $115M Expansion
June 26, 2012 1:35 pm | News | CommentsNucor announced that it is joining with Yamato Kogyo Co. to expand production into wider, stronger and lighter sheet piling sections.
Caterpillar Ponders Future Of Illinois Headquarters
June 26, 2012 9:31 am | by David Mercer, Associated Press | News | CommentsA spokesman said "all options are open" when it comes to its Peoria offices, and reiterated concerns over how Illinois can serve the company into the future.
Steel Dynamics Plans Expansion Of NE Ind. Factory
June 25, 2012 9:55 am | News | CommentsThe Fort Wayne-based company says it will spend $11.8 million in new equipment, and could add about 15 jobs with an expanded facility.
Machines That Help Shops 'Form With A Vengeance'
June 22, 2012 11:12 am | Products | CommentsJET has announced a new metal forming lineup, with 25 machines that satisfy the production needs of fabricators, welders, maintenance crews, mechanical contractors, aircraft and ship repair operations, and job shops, plus more.
Deere Plans $47M Investment In Moline Plant
June 4, 2012 2:32 pm | News | CommentsDeere says the investment will mean significant upgrades in machining tools at the facility.
Columbus McKinnon Unveils High Capacity Electric Wire Rope Hoist
May 31, 2012 4:58 pm | Products | CommentsColumbus McKinnon Corporation has unveiled its high-capacity Yale LodeKing electric wire rope hoist, which can be ordered with capacities from 15 to 60 tons.
Fiat Industrial Proposes CNH Farm Business Merger
May 30, 2012 9:18 am | by Colleen Barry, AP Business Writer | News | CommentsFiat Industrial Chairman Sergio Marchionne said the full takeover would simplify what he called its "cumbersome" corporate structure.
Baldor Now Offers Complete Line of Large AC Motors
May 29, 2012 10:04 am | Products | CommentsBaldor Electric Company is now offering its customers in North America access to its complete line of large AC motors.
Wood Products Sector Makes A Slow Turn Upward
May 7, 2012 2:52 pm | by Eric Mortenson, The Oregonian | News | CommentsThe industry, which has been battered by the housing market, is making small but "significant" steps to keep plants open and retain workers.
Child Labor Groups Upset Farm Rules Being Dropped
April 27, 2012 1:26 pm | by Sam Hananel, Associated Press | News | CommentsThe Labor Department said it is withdrawing proposed rules that would ban children younger than 16 from using most power-driven farm equipment, including tractors.
