A major Caterpillar dealer for mining equipment in Canada has entered into an agreement to sell its operations in a deal worth C$1.02bn. The Hewitt Group, the official authorised Caterpillar dealer in Québec, Canada, announced that the company will sell its business to Toromont Industries to leverage “an extensive Canadian network”.
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canadian makers of mining equipment and trucks:l haul trucks are able to move more material at a lower cost. U.S. Locomotive and Mining Equipment Manufacturers Sell to canadian makers of mining equipment and trucks WASHINGTON, D.C. U.S. manufacturers and suppliers are selling locomotives and mining equipment to a Canadian customer, Iron Ore
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Shen pointed out those makers of mining hardware could choose to get listed in the U.S. besides in Hong Kong, China, adding that the U.S. stock exchanges wouldn't conduct any substantive examination on businesses of an IPO applicant but only supervise integrity of information disclosure.
To improve efficiencies, the Milwaukee-based maker of mining equipment has combined a wide range of tools and repositories, including Hadoop, Spark, Kafka, Kudu and Impala software from Cloudera, as well as on-cluster analytics software from BI on Hadoop analytics toolmaker Arcadia Data.
First Caterpillar,now Joy Global . As mining companies take a hit from low commodity prices, so do mining equipment makers. Joy Global released third-quarter earnings on Wednesday showing a 36% drop in quarterly orders and warning of a sharp revenue drop this year and next.
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