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Despite the ongoing weakness in order levels, the Zacks Manufacturing - Construction and Mining industry will gain from higher investment spending in the United States and demand from the mining secto
Rio Tinto PLC (NYSE: RIO ) became the first leading miner to suspend trading relations with Russian businesses, Reuters reports . Japan''s Sony Group (NYSE: SONY ) and Nintendo Co Ltd (OTC: NTDOF ) (NTDOY) also halted deliveries of their gaming consoles. Credit Suisse Group AG (NYSE: CS ) flagged a ~$900 million Russian credit exposure. Hitachi Construction Machinery … Full story available on Benzinga.com

Hitachi suspends operations in Russia

05:35am, Thursday, 10'th Mar 2022 Tass
Hitachi Construction Machinery already announced the suspension of heavy machinery exports to Russia, such as hydraulic excavators

WAJAX ANNOUNCES 2021 FOURTH QUARTER AND ANNUAL RESULTS

12:25am, Tuesday, 08'th Mar 2022 Benzinga
TSX Symbol: WJX TORONTO , March 7, 2022 /CNW/ - Wajax Corporation (" Wajax " or the " Corporation ") today announced its 2021 fourth quarter and annual results. (Dollars in millions, except per share data) Three Months Ended December 31 Year Ended December 31 2021 2020 2021 2020 CONSOLIDATED RESULTS Revenue $402.8 $381.0 $1,637.3 $1,422.6 Equipment sales $119.8 $145.0 $484.2 $471.4 Product support $102.8 $101.9 $437.6 $411.8 Industrial parts $108.7 $85.5 $438.1 $342.6 Engineered repair services $61.9 $40.5 $241.7 $164.2 Equipment rental $9.6 $8.1 $35.5 $32.6 Net earnings $8.0 $10.7 $53.2 $31.7 Basic earnings per share (1) $0.37 $0.53 $2.50 $1.58 Adjusted net earnings (2)(3) $7.0 $9.6 $51.5 $35.1 Adjusted basic earnings per share (1)(2)(3) $0.33 $0.48 $2.41 $1.75 In commenting on the Corporation''s results, Iggy Domagalski , President and Chief Executive Officer, stated "In 2021, Wajax delivered record revenue of $1.6 billion , representing a 15% increase over the prior year." He continued, "Despite the unpredictable COVID-19 pandemic and related supply chain issues, we generated cash flows from operating activities of $190 million during the year, and we saw our leverage ratio drop to 1.29 times at December 31, 2021 , its lowest level in a decade.
Chicago, Feb. 16, 2022 (GLOBE NEWSWIRE) -- According to the Arizton''s latest research report, The UAE construction equipment market by volume is expected to grow at a CAGR of 7.80% during the period 2021−2028. REPORT ATTRIBUTE DETAILS MARKET SIZE (REVENUE) USD 1004.2 Million (2028) MARKET SIZE (UNIT SHIPMENT) 28,345 units (2028) CAGR (VOLUME) 7.80% HISTORIC PERIOD 2019-2020 BASE YEAR 2021 FORECAST YEAR 2022-2028 TYPE Earth moving equipment, road construction equipment, and material handling equipment END-USERS Construction, Mining, Manufacturing and Others KEY VENDORS Caterpillar, Komatsu, Volvo Construction Equipment, JCB, Xuzhou Construction Machinery Group Co. Ltd. (XCMG), SANY, Kobelco, Zoomlion Heavy Industry Science & Technology Co. Ltd, Hitachi Construction machinery, and Liebherr Click Here to Download the Free Sample Report Key Highlights Offered in the Report: … Full story available on Benzinga.com

Hitachi Construction Machinery (OTCMKTS:HTCMY) Trading Down 5.7%

05:38am, Wednesday, 15'th Dec 2021 Dakota Financial News
Hitachi Construction Machinery Co., Ltd. (OTCMKTS:HTCMY) fell 5.7% during trading on Tuesday . The company traded as low as $55.84 and last traded at $56.03. 1,318 shares were traded during trading, an increase of 32% from the average session volume of 1,000 shares. The stock had previously closed at $59.42. A number of brokerages have []
Autonomous Construction Equipment Market 2021 report helps the clients to take business decisions and to understand strategies of major players in the industry. The report also calls for market- driven results deriving feasibility studies for client needs. Market Insights Reports
Autonomous Construction Equipment Market 2021 report helps the clients to take business decisions and to understand strategies of major players in the industry. The report also calls for market- driven results deriving feasibility studies for client needs. Market Insights Reports
The global foundry tools market is anticipated to grow at a CAGR of 2.5% during the forecast period (2021-2027). Apex Tool Group, BOMAG GmbH, Freeman Manufacturing & Supply Co., GIBA, Hitachi Construction Machinery Co., Ltd., Holmatro B.V., and so on

Hitachis evolving orange mining family

10:38am, Wednesday, 17'th Nov 2021 International Mining
Paul Moore sat down with Hitachi Construction Machinery at MINExpo 2021 earlier this year to talk everything from the electric transition to open autonomy. Interviewed were Brian Wells, Division Sales Manager, Hitachi Construction & Mining Division and John Schellenberg, Mining Product Manager, Trucks Global Mining Group Q Everyone seems to have their own slightly[] The post Hitachis evolving orange mining family appeared first on International Mining .
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