More good news on the machinery front as it has been recorded that in 2011, farm machinery sales increased in North America throughout 2011. The records show that they outperformed a previous forecast made by a top American manufacturer which insisted sales would remain poor.
Author: Wordpress Admin
Machinery Ranks makes it to the top five Export Industries in 2011
2011 was a good year for machinery as it made it into the top five for Taiwan’s export industry. Experts saw it reach to US$20.427 billion. It replaced the sectors of information communication technology (ICT) and iron and steel, which were on previous years lists. Electronics unsurprising topped the list followed by petrochemical, plastic products,…
Value for Money – Used Machinery Prices Continue to Look Strong
According to leading machinery industry experts, machinery prices are holding their value as the used machinery market continues to hold strong. In other words, used machinery is doing very well in today’s markets. This may be bad news for farmers looking for a machinery bargain to add to their machinery list as they won’t find…
New Plant for Caterpillar Parts
Recently, it has been announced a new factory in China will be built in the economic development zone of Xuzhou for Caterpillar parts. This Caterpillar factory will manufacture components for hydraulic excavators and will produce undercarriage components and track assemblies. Hoping to employ almost 400 people, the factory will be built next to the Caterpillar Xuzhou…
Machinery Factory Forced To Close following Chemical Spill
A toxic chemical accident that occurred in Wangaratta forces the factory to stay offline until the middle of January. The chemical spill occurred on Monday the 19th. Industry inspectors have ordered machinery at the Nuplex Resins plant, where the chemical spill occurred, to be shut off until the factory is given the all clear –…
