All Business & Finance Articles

XCMG shares ambitious plans to drive innovation and development
The company says that the project sets a clear goal and seven strategic actions to drive growth
GE optimistic about power division
CEO: Profits will increase this year
World Crane and Transport Summit Asia: helping to power your business
Be sure to attend the World Crane and Transport Summit coming up in Singapore on 4 and 5 October
Class 8 backlog expectedly declines to seasonal norm in June
Figure down 14,000 units month over month, says ACT Research
Briggs & Stratton CEO reported to be stepping down
Steve Andrews, who helped the company recover from bankruptcy, is said to be leaving for personal reasons
Volvo, Westport JV to accelerate adoption of HPDI technology
JV’s mandate will be to enhance commercialization of HPDI in long-haul and off-road applications
Opinion: electric construction equipment will live or die on battery pricing
Dr James Jeffs of IDTechEx explains the economics of battery pricing
United Rentals outlines benefits of hybrid power solutions
White paper explores pairing battery storage with generators, power grid
Volvo Construction Equipment reports ‘record earnings’ in Q2
The company highlighted that other markets experienced weakening demand due to overall economic developments
4 ways the hierarchy of construction OEMs could change amid tech challenges
What effect could technological chance have on the leaderboard of construction equipment OEMs? Alan Berger and Carl Gustaf Göransson explore four different scenarios
Jennifer Rumsey named chair of Cummins Board of Directors
Rumsey will succeed Tom Linebarger, who is retiring from the Board effective July 31
Forecasting higher retail sales, production for Class 8 vehicles
Previous predictions for a drop-off in Q4 no longer look likely, says ACT Research
Manufacturing technology orders rise but still below 2022 level
May 2023 orders rose from previous month but down 16.7% from May 2022
bp invests in U.S. biofuels developer
Funds will be used to develop waste-to-bio-methanol plant in UAE
Speedy signs big deal for hydrogen access platforms
Hydrogen-powered MEWP results from Speedy Hire and Niftylift partnership 
MEC to acquire Mid-States Aluminum
Acquisition will accelerate expansion of MEC’s capabilities into lightweight materials fabrication
BorgWarner to acquire electric hybrid systems business
Will acquire Eldor Corp.’s Electric Hybrid Systems business segment for 75 million euros
Manufacturing construction jumps in May, up 72% YTD
Manufacturing starts more than doubled for the month on public funding
Oxbo to buy H&S
OEM expands into hay and forage markets
Articulated hauler manufacturer expands US dealer network
Rokbak has partnered with Texas-based Alpha & Omega Equipment Sales and Rental
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