Equipment manufacturer Hyundai Heavy Industries has published optimistic results in the financial report for its construction equipment operations. The firm’s Annual Report 2013 said that the global construction market slowed in 2013 as economic uncertainty in the US and Europe continued and China maintained its tight credit policies to keep growth in check. In emerging markets such as the Middle East, Brazil, Russia, and Africa, falling international raw materials prices combined with a market slump in th
Cumbria-based Hyundai dealer Taylor & Braithwaite has sold the first Hyundai R125LCR-9A in the UK to Stephen Smith Plant Hire, also based in the county of Cumbria.
Stephen Smith is a one-man-one-machine operator who works all-around the Cumbrian region.
This new weight class machine was first launched in 2014 at the Hillhead exhibition in the UK. Smith said he had to wait almost a year because the machine had not been available yet in the UK.
Excavators and wheeled loaders benefit from new engine technology - Mike Woof reports. Competition is tough in the market for crawler excavators and wheeled loaders. These production machines account for a significant percentage of the entire construction equipment market worldwide and the segment also has the widest array of competing manufacturers. In the past, European, Japanese and US manufacturers dominated this sector but in the last 20 years South Korean companies have built significant market shares