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Tuesday, October 24, 2017

Today's Industry Insider

CRH finalises Ash Grove Cement US$3.5bn takeover after rival bid fails to materialize.
CRH had announced on October 5 that it had reached an agreement to acquire Ash Grove but the US firm then extended the period for obtaining shareholder approval after receiving another unsolicited competing acquisition proposa...
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Rio Tinto accused of fraud over '$3 billion' coal mine
One of the world's biggest mining companies and two of its former top executives are in trouble for allegedly overstating the value of a mine in Africa by billions of dollars....
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Built Robotics Developing Autonomously Excavators
A new company called Built Robotics is developing software and sensors that can transform off-the-shelf excavators into machines that autonomously dig precise holes for hours without a break....
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Sponsored News/Product Release

The MJ400R - A Member of the Terex Modular Product Portfolio
The MJ400R is a great addition to the Modular Product Portfolio. The key to this product is the industry leading access built into the design of this modular crusher. ...
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Ford recalls 1.3 million F-150, Super Duty trucks; doors could open while driving
Ford is recalling 1.3 million F-150 and Super Duty trucks because of an issue that could allow a door to open while driving in certain conditions. The recall will allow for the installation of a water shield to side door latches in 2015- 17 F-150s...
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Here Are The Biggest Risks Facing Mining In 2018
The mining industry faces new challenges on a daily basis, but the number one risk threatening companies this and next year is digital effectiveness, advisory company Ernst & Young (EY) said in a report....
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VOLVO CE Sales up 34% in Q3
Market share gains and strong recoveries in Asia and Russia help propel Volvo Construction Equipment to a strong performance in the third quarter of 2017....
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Largest Gathering of Canada's Cement and Concrete Industry Heads to Parliament Hill to Deliver One Message
The Canadian cement and concrete industry is converging on Parliament Hill over the next two days, meeting with Ministers, Members of Parliament, Senators and senior civil servants...
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Sponsored News/Product Release

Invest in what you already own – equip your machine with a Cat® attachment and it becomes so much more. Our attachments are engineered, tuned and integrated into each Cat machine model. They promise to minimize stress and optimize performance. Browse our lineup and find the tools you need to get work done faster than ever before. ...
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New distributor for ALLU aims to ‘Transform’ customers’ business
ALLU is proud to announce Igarreta Maquinas is its new distributor in Argentina. The company will not only be supplying the comprehensive range of ALLU Transformer and Soil Stabilization equipment, but will also be providing full aftermarket care,...
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Caterpillar Inc. vs. Deere & Company: Comparing the Farm & Construction Machinery Industry’s Most Active Stocks
Caterpillar Inc. (NYSE:CAT) shares are up more than 40.76% this year and Deere & Company (NYSE:DE), on the other hand, is up 24.89% year to date as of 10/17/2017....
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GM to settle state ignition claims for $120 million
General Motors Co (GM.N) has agreed to pay $120 million to resolve claims from 49 U.S. states and the District of Columbia over faulty ignition switches, state attorneys general and the company said on Thursday....
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Polaris Recalls ACE 325 Recreational Off-Highway Vehicles Due to Fire and Burn Hazards
This recall involves all model year 2014 through 2016 Polaris ACE 325 recreational off-highway vehicles (ROVs). The recalled ROVs have a single seat and were sold in white, green and red....
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Sponsored News/Product Release

Tough and Versatile – The ECR88D Volvo Compact Excavator.
When productivity, efficiency and cost-effectiveness are key aspects of your business, Volvo compact excavators deliver every time. Superior technology provides the best performance and efficiency for reduced costs and maximum uptime. Volvo also guarantees constant technical support and efficient logistics to keep your machine working. ...
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