Earthmoving & soil compaction

Sandvik Mining and Construction has bought Shanghai Jianshe Luqiao Machinery Co (SJL), a major Chinese manufacturer of crushing and screening equipment, which sells its products under the SHANBAO brand.

European Hitachi Construction Machinery dealer Moviter is expanding into Africa. The Portuguese company is venturing into Angola and other countries on the continent with historical and linguistic links to its native land.

CNH is planning to build a new factory at Minais Gerais in Brazil in an investment worth some US$341.4 million (R$600 million). The factory will be located in Montes Claros, in the northern part of Minas Gerais. The firm has signed a Memorandum of Understanding with the authorities in Minas Gerais (Brazil) at Fiat Industrial’s headquarters in Turin, Italy. The agreement was reached during a visit by a Minas Gerais state government delegation, led by Governor Antonio Anastasia. “This agreement strengthens ou

Caterpillar delivered record-breaking sales and revenues of US$60.1 billion in 2011, an increase of 41% from $42.6 billion in 2010, with profit at $4.9 billion, an increase of 83% ffrom $2.7 billion in 2010. Fourth-quarter sales and revenues in 2011 were an all-time quarterly record at $17.2 billion, an increase of 35% compared with $12.8 billion in the fourth quarter of 2010. Fourth-quarter profit was $1.5 billion compared with $968 million in the fourth quarter of 2010.

Liebherr bosses have ensured the company continues to remain independent and family-run by transferring some of their shares in parent company Liebherr International AG to their children.

LiuGong Construction Machinery says doubling its North American-based equipment sales in 2011, compared to the previous 12 months, reinforces the company's goal of being among the world’s top ten equipment manufacturers by 2015. The China-based firm claims much of its sales growth is due to its expanding network of dealers and staff throughout the United States and Canada.