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Industry News - Page 459 of 695

  • CONEXPO-CON/AGG 2020 Partners With Women In Construction Groups To Highlight The Growing Role Women Play In The Industry

    To help highlight women as a viable force of the construction industry, CONEXPO-CON/AGG announced a partnership with two women in construction-focused associations; The National Association of Women in Construction (NAWIC), Women of Asphalt and (WOFA).

    “As the largest construction industry-focused trade show in North America, CONEXPO-CON/AGG seeks to draw attention to and celebrate the important role women play in the industry,” said Dana Wuesthoff, vice president of expositions and event services with the Association of Equipment Manufacturers and CONEXPO-CON/AGG show director. “Working together, CONEXPO-CON/AGG, NAWIC and WOFA, will not only showcase women industry leaders, but reinforce the career growth potential for women, who today represent a small percentage of the workforce and the opportunity to diversify the industry.”

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    Dec 11, 2019 - 5 years ago

  • The human cost of mining in the Amazon rainforest

    The Amazon rainforest is one of the most contested spaces for mining in the world, and the impacts of both legal and illegal operations can be devastating for the environment and the indigenous groups that call it home. GlobalData’s mining writer JP Casey looks at the state of mining in the Amazon Rainforest, and asks whether anyone is doing it sustainably.

    Casey says: “Covering over two million square miles, containing nearly 400 billion trees, and home to around 20 million indigenous people, the Amazon rainforest is one of the world’s most unique areas of biological diversity and human life. The region is also home to considerable mineral reserves, notably copper and gold, making it an attractive prospect for eager mining companies.

    “Historically, the governments of South America have been careful to balance the demands of the mining industry with the needs of indigenous people and local flora and fauna, but the political climate is shifting. Brazilian President Jair Bolsonaro is infamously supportive of mining and industrial expansion into the rainforest. The president’s provocative language has encouraged many of the country’s illegal miners to expand and intensify their operations, believing his election and subsequent rhetoric to have effectively legitimised a number of their operations; In September this year, 250 illegal miners blockaded a road, demanding a government official formally recognise their mines.”

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    Dec 11, 2019 - 5 years ago

  • Doosan Bobcat Enters North American Landscape Equipment Market With Acquisition Of BOB-CAT

    -Acquisition of the Mower business following the compact tractor launch accelerates entry into grounds maintenance industry
    -Expecting Synergy from diversified products and new channels


    On December 2, 2019, Doosan Bobcat Inc. announced the plan to acquire the Zero-turn-Mower business of the BOB-CAT, Steiner and Ryan brands from Schiller Grounds Care, Inc. The estimated purchase price is USD 82mil and transaction is expected to close by the end of year.
    North America's ZTR market stands at approximately 810,000 units per year, $ 4.8 billion and has grown at an average annual growth rate of 7.8% over the past five years. Doosan Bobcat aims to settle early in the market based on its high brand awareness and dealer capabilities.
    Doosan Bobcat secured ZTR Mower products and sales network at the same time and accelerated the expansion of grounds maintenance products with the recently launched Compact Tractor. This will help expand the dealer networks in the southern and western United States, where demand for both products is high, and to expand sales of existing products in the region.
    “Mower is a must-have product to enhance our product competitiveness in the ground maintenance industry. And the acquisition will serve as an opportunity to accelerate business expansion in North America.” said Scott Park, chief executive officer and president of Doosan Bobcat. “We will focus on our capabilities to maximize synergy with existing products by rapidly expanding our business to light equipment markets through new products and channels” 

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    Dec 10, 2019 - 5 years ago

  • Drone Delivery Canada's Moose Cree First Nation Project Receives First Conditional Funding Approval

    Drone Delivery Canada Corp. (TSXV: FLT, OTC: TAKOF) (the "Company" or "DDC") is pleased to announce that on December 3rd, DDC's Moose Cree First Nation's project received the first conditional approval for one of its funding applications, which, subject to entering into a definitive agreement and satisfying any conditions imposed by the funder, would enable Moose Cree First Nation's Remote Communities Initiative to pay DDC for its drone delivery service scheduled for implementation in Q1, 2020. 

    "As 2019 comes to a close, I am pleased to report the first financial approval for one of many remote community opportunities we are pursuing," said Michael Zahra, President & CEO of DDC.  "Looking ahead to 2020, DDC will actively seek to close more customers in many different business verticals both in Canada and abroad".

    About Drone Delivery Canada Corp.

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    Dec 10, 2019 - 5 years ago

  • Penske Truck Leasing Celebrates 50th Anniversary

    Penske Truck Leasing (“PTL”) marked its 50th anniversary On Dec 1st.

    Penske Truck Leasing was founded in 1969 by Roger Penske in Reading, Pennsylvania. The company was created through the acquisition of a car and light truck rental and leasing business with three locations in eastern Pennsylvania. To help commemorate the company’s 50th anniversary, the Pennsylvania State Senate declared December 1, 2019, as Penske Truck Leasing Day.

    Through the years, PTL has grown its business both organically and through acquisitions. Today, the Company generates $8.4 billion in annual revenue and operates a global platform that includes 1,100 locations, 37,000 associates, and a fleet of 326,000 vehicles.

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    Dec 9, 2019 - 5 years ago

  • CASE Announces CX350D Long Reach Excavator

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    Dec 9, 2019 - 5 years ago

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