Galadari Trucks and Heavy Equipment Launches New Komatsu Excavator in UAE

Company Foresees Double-Digit Growth Over Coming Two Years Dubai, 31 March 2014 - Galadari Trucks and Heavy Equipment (GTHE), the leading heavy equipment distributor and authorized dealer of Komatsu in the UAE, is announcing the launch of the latest Komatsu Excavator (PC200-8MO) in the UAE market. This new launch comes as part of the company's latest efforts to achieve a double-digit growth rate over the coming two years relying on the growing investment in the infrastructure sector in the UAE.

The new Komatsu excavator is the newest edition to the Dash-8/200 Komatsu Excavator Series. It was developed under the three concepts of "Environment, Safety, and ICT" which conformed to the highest standards of environmental regulations while meeting the user needs from the major markets and maintaining optimum performance levels.
Samer Khalid, General Manager, Galadari Trucks and Heavy Equipment commented: "With the increasing investment in the infrastructure sector and strong recovery in the property and construction market currently taking place in the UAE, especially with Dubai winning Expo 2020, the company is foreseeing an increased demand for heavy machinery in the UAE. This all translates to a great increase in business for GTHE over the coming few years."

"The new Komatsu Excavator includes major fuel economy improvements that more customers can realize by reducing hydraulic loss and employing new engine control technologies, all while maintaining optimum operating performance," added Khalid. The new Komatsu excavator also comes with a high definition "multi-monitor" that is easy to operate along with the upgraded "KOMTRAX" support energy saving operation.

Key features of the Komatsu PC200-8MO includes: · Engine and hydraulic total electronic control system
· Hydraulic loss reduction features
· Advanced technology of high performance cooling system
· Low fuel consumption by total control of the engine, hydraulic and electronic system.
· Low emission engine
· Low operation noise
· Large Comfortable Cab
· Large multi-lingual high resolution LCD monitor
· Easy Maintenance
In order to consolidate the company's relation with its clients and machine operators, GTHE also hosted an operator's event, for the first time in the GCC, to help the clients and operators get first-hand experience of the latest machine technology.
For more information on the latest Komatsu products please visit www.komatsu.com
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About Galadari Trucks and Heavy EquipmentGaladari Trucks and Heavy Equipment (GTHE) is a flagship company in the Galadari Brothers group of companies and supplies the huge demand for construction equipment across the UAE. Galadari Brothers expertise in this area has seen expansion to work with many new partners, providing all aspects of construction equipment and associated supplies. GTHE is the exclusive dealer of Komatsu equipments in the UAE, providing bulldozers, excavators and forklifts used in civil engineering, mining and construction across the region. With an excellent distribution network in Dubai, Abu Dhabi, Sharjah and Al Ain, GTHE manages the servicing and pre-delivery inspection of all equipment sold.
https://www.zawya.com/story/Galadari_Trucks_and_Heavy_Equipment_Launches_New_Komatsu_Excavator_in_UAE-ZAWYA20140331100807/

Minetech to expand into heavy machinery distribution

KUALA LUMPUR: Minetech Resources Berhad (MRB), one of the largest listed players in the quarry mining industry, today announced that it plans to venture into the distribution of heavy machineries.

To this end, MRB has established a new unit, Minetech Heavy Machineries Sdn Bhd, which will be responsible for this heavy equipment business.

MRB expressed confidence in the new venture because it said the construction equipment market alone in Malaysia is estimated to be worth almost RM1.46bil (US$470mil) by 2015.

“In addition, this industry is also highly supported and boosted by Government initiatives such as the Third Industrial Master Plan (IMP3, 2006-2020)," said group executive officer Chin Leong Choy.
The IMP3, he elaborated, aimed to position Malaysia as the regional production hub for high technology and specialised machinery and equipment (M&E), the main distribution centre in the region for all types of M&E, and the centre for maintenance-related services for high technology and specialised M&E.
“With such a promising market, we are eyeing the opportunities as it is also in line with our company’s goal to grow our source of income from other streams. To kick-start, MRB will first distribute a line of products for the mining industry. We also get to purchase the equipment for our own use at dealer's price, thereby improving our profit margins,” Chin continued

http://www.thestar.com.my/Business/Business-News/2014/03/05/Minetech-to-expand-into-heavy-machinery-distribution/

New expanded range of wear plate kits for heavy machinery released

An expanded range of wear plate kits is being manufactured by the TW Woods Group for the maintenance of heavy machinery employed by such industries as mining and energy, oil and gas, civil engineering and construction and infrastructure.

The growing range – produced in response to industry needs for maximum uptime, durability and cost-efficiency – now includes kits for some of the industries’ most widely used bulldozers including 854 Cat push dozer kit, D11 dozer liners, Cat 793 liners and Cat D10 and D11 blades.
These are complemented by stock kits for Hitachi R280 truck trays and Hitachi EH 4500 excavators, as well as custom-fabricated options for all major makes of machinery, says T W Woods Managing Director Mr Tom Woods.
The kits – typically employed on heavy bulldozers, trucks, graders and loaders – are precision cut, processed and packaged at the company’s new plate processing facility at Tomago, near Newcastle, which also handles challenging maintenance and fabrication tasks involving tanks, silo, chute, loader and other materials handling equipment.
Kits are distributed nationally after fabrication to the quality standards of TW Woods national and international clients, which include, for a variety of metal products, Delta Energy, Incitec Pivot, Integra Coal, Laing O’Rourke, Xstrata and surface and underground mining companies throughout Australia including iron ore producers in the Pilbara and coal companies in Queensland.

“Because we handle the broad spectrum of metal fabrication tasks in the one facility, we offer optimised quality control and delivery times for wear plate products frequently needed to precise deadlines,” said Tom Woods. “We are always aware of the uptime and maintenance needs of our world-class customers across the heavy industry sector, and we share their standards of workmanship and reliability as applied to heavy machinery,” said Mr Woods, whose company has undertaken multi-million dollar plant investment encompassing 4,500 sq m of purpose-built fully equipped workshop space at Tomago.
New plant used in the cutting and processing of wear plate kits includes a 300 amp cad-cam profile plasma cutting bed capable of cutting 13 m x 3.5 m plates up to 60 mm thick with plasma, and more than 150 mm with oxy. The facility also houses a 1,600 amp stud welding machine and a plate handling and processing facility serviced by a 10 tonne overhead gantry crane.
The company’s press brake facilities include a 1,000 ton x 3.2m brake press that can press form steel plate up to 60 mm thick, making it suitable for major fabrication tasks including include draglines, buckets, mills, earthmoving equipment, ripper blades, pressure tanks and pipelines and diverse heavy plate fabrications. The company’s services include specialised shaping, fabrication and welding technology for metals including carbon steel, stainless steel and aluminium.
Image caption: TW Woods Directors Tom and Glenn Woods with their plasma cutting plant.

http://pipeliner.com.au/news/uptime_demands_expanded_range_of_wear_plate_kits_custom-fabricated_for_heav/081864/

Mudslinging in China's Heavy-Machinery Sector

Digging for dirt on China's machinery sector can be productive, especially when the economy's stuck in the mud.
Several companies that supply excavators, loaders and other construction equipment ran into trouble in 2012 and in the first few months of this year. The main problem was slowing economic growth, though oversupply of equipment was a big factor too. That led to slumping sales, rising inventory levels and a sharp uptick in accounts receivable as hard-up customers took longer to pay.
All that was supposed to end with an uptick in the economy in 2013. Instead, growth still looks uncertain—with little cheer to be found in recent data on factory activity and industrial profits, for example. Sun Hung Kai Financial analyst Vik Chopra noted that sales data for some equipment has turned positive recently. But that's off a low base, and prospects for a rebound are unclear, he said.
With green shoots of recovery hard to come by, the sector makes fertile ground for naysayers.
Take Zoomlion Heavy Industry Science & Technology Co., the second-largest company in the sector by market capitalization, at $8.9 billion. Zoomlion suspended trading in its Hong Kong- and mainland China-listed shares Monday after a Chinese news website alleged the company's sales data included false numbers. It declined to comment and said a statement is pending, though none was available at the time of writing.
Investors will be concerned. Zoomlion has already had to defend itself once this year, after an anonymous letter to the media and regulators in January accused it of exaggerating sales. The company declared then that its accounts are accurate.
http://online.wsj.com/article/SB10001424127887324310104578508913946561542.html

Activist Locks Himself to Keystone XL Heavy Machinery Launching a 'Red River Showdown' Over KXL South

TUSHKA, OKLAHOMA--(ENEWSPF)--April 22 - On Earth Day 2013, to mark the close of the State Department’s public comment period for TransCanada’s proposed Keystone XL Northern Segment (KXL North) pipeline’s Environmental Impact Statement (EIS), an activist with the Great Plains Tar Sands Resistance has locked himself to a piece of Keystone XL heavy machinery in Oklahoma, temporarily halting work site construction. Alec Johnson, a 61-year old climate justice organizer from Ames, Iowa took direct action to defend the Red River in solidarity with the Mayflower, Arkansas community, which is currently reeling from last month’s massive tar sands spill. The disaster, due to a 22-foot long gash in ExxonMobil’s ruptured Pegasus tar sands pipeline, has resulted in chronic health problems for nearby residents and has left Lake Conway dangerous polluted.

“This is our environmental impact statement,” stated artist/activist and Great Plains Tar Sands Resistance spokesperson Richard Ray Whitman. “TransCanada claims its technology will prevent spills, but that same technology was used on the Pegasus line, too. That didn’t work, now, did it? We are taking a stand to protect our access to clean water. KXL South is already being constructed with or without the North, and the destruction of our waterways in its path is not a question of if, but when. No toxic pipeline is worth the gamble and no communities in Texas or Oklahoma deserve the fate of Mayflower, Arkansas.”
While the current fate of KXL North rests upon U.S. Presidential approval, KXL South’s now lies in the broad-spectrum opposition it has garnered in the form of legal cases as well as the grassroots civil disobedience campaigns by groups like Great Plain Tar Sands Resistance and Tar Sands Blockade. Should KXL North be permitted to start construction, these groups along with grassroots indigenous organizations, several Lakota Nation tribal councils, and over 60,000 others have pledged resistance in the form of non-violent direct action to halt pipeline construction.
International treaties like the Treaty to Protect the Sacred and strongly-worded tribal council resolutions like those recently passed by the Oglala and Ihanktonwan Oyate/Yankton Sioux General Councils pledging resistance to KXL North “by all means necessary” indicate a tremendous unity amongst Great Plains indigenous nations. The strong reactions come after years of inadequate consultation on the part of TransCanada with regards to impacts on the Lakota Nation communities by its toxic tar sands pipeline. In recognizing the dire threat to their first medicine, sacred water, the communities are also embracing the spirit of international solidarity with First Nation communities downstream from tar sands mining sites. After years decrying the chemical pollution and resulting destruction of traditional life ways from tar sands exploitation in what some affected indigenous peoples refer to as a “slow industrial genocide,” Cree and Dene Nations are experiencing an upsurge in sympathy and solidarity with their plight.
“I am personally amazed at how resistance to the Keystone XL tar sands pipeline and education as to what tar sands exploitation looks like continues to grow every day,” Johnson wrote in a statement prior to his action. “Because it would be irresponsible, we’re not stopping until the industry stops poisoning our futures with lies, unnecessary risks, and death for their profit. As long as the tar sands industry promises it will kill, we will blockade.”
http://www.enewspf.com/latest-news/latest-national/latest-national-news/42395-activist-locks-himself-to-keystone-xl-heavy-machinery-launching-a-red-river-showdown-over-kxl-south.html

Ritchie Bros. offers online heavy equipment marketplace

Ritchie Bros. Auctioneers has launched an online website for heavy equipment sales that gives buyers and sellers an eBay-like experience for purchases of everything from helicopters to dump trucks.
The Burnaby-based auctioneer held the commercial launch of its online marketplace, EquipmentOne.com, in a webcast on Monday.
Chief strategic development officer Bob Armstrong walked participants through the workings of what he described as an innovative and unique addition to the used heavy equipment market.
Ritchie Bros. has a $4-billion-a year auction business specializing in industrial equipment, but Armstrong said although the company is the world's largest seller of used equipment, it has only a two-per-cent slice of the $200-billion-a-year global market.
"The size of the used-equipment market worldwide is colossal," he said.
Half of that market is handled through private negotiations between buyers and sellers.
"We recognized an opportunity because Ritchie Bros. has the reputation, knowledge and brand to bring to that side of the market."
Ritchie Bros. quietly launched the site Jan. 2, Armstrong said, but has spent the last three months refining it and getting feedback. During that period, the website did $10 million worth of transactions.
It has 606 listings, but includes links to other websites. However, its listing tool is available only to sellers in the United States at this time. Canadian sellers are expected to be able to list equipment later this year, with further international expansion planned for 2014.
Armstrong said Ritchie Bros. borrowed elements from existing buy-and-sell websites to develop its own portal. "We have taken advantage of all the great ideas that consumer websites and non-machinery equipment websites have used to create an awesome experience," he said. "It is quite different from what you are used to seeing in the equipment world."
Instead of kicking the tires of a log loader, a potential buyer has access to details about the equipment, high-resolution photos that can be zoomed in on, and market analysis showing what the going prices are for the displayed equipment. Negotiations are all visible, and Ritchie Bros. stands behind the process, Armstrong said.

Read more: http://www.vancouversun.com/business/Ritchie+Bros+offers+online+heavy+equipment+marketplace/8215059/story.html#ixzz2QALlnu5i

Top Picks in Heavy Machinery

Credit Suisse

The Machinery group slid 3.8% last week, weighed down primarily by macro headlines.

In farm equipment, we saw some positive data from both the Brazil and the U.S. markets. In Brazil, tractor sales grew of 8% year-over-year, seeing its first positive year-over-year growth since September 2010. In the U.S., combine growth turned positive for the first time since April 2011, growing nearly 10% year-over-year in October.

The September-October time frame tends to be seasonally important for combines, which should benefit Deere (ticker: DE). In construction, Caterpillar (CAT) made headlines by purchasing [Hong Kong-listed] ERA Mining Machinery, which manufactures and sells hydraulic-roof supports under its subsidiary, Siwei. On the heels of Caterpillar's recent Bucyrus International acquisition, ERA would give Caterpillar an even larger presence in the mining market with a focus on underground and a bigger footprint into China specifically. We view the deal as a modest positive as it strengthens Caterpillar's positioning in mining in China and is not too surprising given the company's more aggressive stance on improving its competitive positioning and acquisitions in general.

Top picks remain Caterpillar and Cummins (CMI).

Both KBR (KBR) and Chicago Bridge & Iron (CBI) held their investor meetings this week and both had very upbeat tones, in particular with respect to the hydrocarbons end market. 2012 could be the year of the elephant for KBR, looking to win major projects including Inpex Liquefied Natural Gas (LNG), Kitimat LNG, Browse LNG, Pluto LNG, and the Angola Refinery. In fact, KBR believes backlog could nearly double to $20 billion, up from $11.7 billion today, over the next four years. With the house in order, KBR will look to become more vertically integrated, increasing its share of the pie both through organic measures and acquisitions. Last, KBR will continue to enhance its capabilities within Power, Minerals, and Infrastructure. In our opinion, Chief Executive Bill Utt wants the scale of Fluor (FLR) (size and diversification) but with a much deeper oil and gas (i.e. offshore, LNG and Technology) portfolio and vertical integrated service offering.

Chicago Bridge was also very positive with respect to awards growth including LNG (Browse & Kitimat projects), refining, oil sands, and gas processing in 2012. Chicago Bridge also hinted acquisitions are on the table. Chicago Bridge will look to strengthen its positioning in offshore, additional technology businesses (like Lummus), and even petrochemical to balance its already market leading positioning in LNG, refining, gas processing, and oil sands. We continue to like the oil and gas names.

-- Jamie Cook
-- Peter Chang
-- Andrew Buscaglia
-- Linda Yuan
http://online.barrons.com/article/SB50001424052748704101304577038523810687072.html?mod=BOL_hpp_oe