Archive for October, 2014
 

 
iStock_000003193648Small

Heavy equipment manufacturer Caterpillar Inc. to build plant in India

Leading construction and mining equipment manufacturer Caterpillar Inc. (NYSE: CAT) announced its plan to invest $210 million toward facility upgrades in India on Wednesday. The company’s aggressive investment strategy is aim...
by admin
 

 
 
iStock_000003751763Small

Investments by heavy equipment maker Caterpillar Inc. to boost Illinois economy

Peoria-based Caterpillar Inc.’s (NYSE: CAT) recent decision to invest millions of dollars to improve their manufacturing facilities located in East Peoria will significantly boost the region’s economy. According to a report...
by admin
 

 
 
iStock_000002139559Small

Oil and gas company BP faces new charges over Gulf oil spill

The Obama administration has announced British Petroleum (BP) and two other companies can expect to face new charges due to the safety and environmental violations associated with last year’s Gulf oil spill. The April 2010 De...
by admin
 

 

 
iStock_000006747310Small

Heavy equipment operator discovers rare fossil in Alberta oil sands

Heavy equipment operators learned northern Alberta’s oil sands are much more than the largest crude oil reserves in the world this week.   On Thursday, Syncrude Canada Limited announced one of their employees unearthed a nea...
by admin
 

 
 
Business Graph

Heavy equipment maker John Deere posts strong 4th quarter income

John Deere, an industry leader in construction and farming equipment, has released their impressive fourth-quarter earnings.  Net income for the quarter ending October 31 was $669.6 million, or $1.62 per share.  For the same ...
by admin
 

 
 
iStock_000002266764XSmall

The Mining Association of Canada recognizes industry achievement in corporate social responsibility

The Mining Association of Canada (MAC) is set to present its 2010 Toward Sustainable Mining (TSM) awards to a group of distinguished recipients.  The awards recognize Canadian mining companies who exhibit an excellent record o...
by admin