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The move comes at a time when the nation’s coal industry has been riddled by bankruptcies.
In 2013, the construction industry saw a total of 796 fatal injuries – with over 100 more deaths than the next highest industry fatality rate.
The Atlas Copco Board is proposing a split of Atlas Copco Group, which will turn the Mining and Rock Excavation Technique Business Area and division Construction Tools into a separate company. This new company will be dedicated to customers within mining and civil engineering and will help ensure that Atlas Copco and the new company are provided the best growth opportunities in their respective markets.
As a result of the move, analysts were expecting more job cuts.
According to the latest market study released by Technavio, the global construction lifts market is expected to grow at a CAGR of more than 7% during the forecast period. “Lifts are essential equipment for the transportation of laborers, equipment, and material in construction activities.
If someone looks back on the early years of John Deere — the man and the 100-year-old tractor company he founded — and exclaims, “How quaint!” that person has backed over and badly damaged his hindsight.
Caterpillar Inc. unveiled the first model in its new line of hybrid excavators, the Cat 336E H, at its Mossville Industrial Design Center on Oct. 16 at a special trade press event, “The Next Generation is Here.” The new 336E H will be sold and serviced exclusively through the global Cat dealer network following the machine’s official launch at bauma 2013 in Munich, Germany.
(Editor’s Note: This article is the fourth in an occasional series on iconic United States construction projects.)The Trans-Alaska Pipeline System is not only one of the most remarkable and difficult construction feats in U.S.
