Despite improvements in industrial capacity utilization, rebounding
corporate profit encouraged operators in downstream markets to upgrade
rather than repair their systems, tempering the performance of the Machinery Maintenance and Heavy Equipment Repair Services
industry over the five years to 2014. Key downstream markets, including
the construction and energy sectors, have improved sharply over the
five-year period, with the value of nonresidential construction and the
Oil Drilling and Gas Extraction industry revenue (IBISWorld report
21111CA) estimated to expand at annualized rates of 7.8% and 7.5%,
respectively. However, the 6.2% annualized increase in aggregate private
investment includes extensive investment in new machinery and
equipment, which tends to decrease repair opportunities for depreciated
and worn machinery. As a result, industry revenue is anticipated to
increase at an annualized rate of only 0.3% over the five-year period to
$6.4 billion, including a 2.2% decrease in 2014 revenue.
“In spite of subdued revenue growth, the industry's profit margin has
improved significantly in recent years,” according to IBISWorld
Industry Analyst Stephen Hoopes. The average price received by domestic
operators for their services is anticipated to increase at an annualized
rate of 2.6% in the five years to 2014. Alternatively, wages and
purchases are expected to remain relatively constant over the five-year
period, despite increases in the world price of steel, which tend to
boost industry input costs. In addition, downstream markets continue to
outsource their maintenance needs to industry operators, given the cost
and quality advantages of this practice, including the increasing
quality of the industry's labour pool. According to the latest available
data from Service Canada, the share of heavy-duty equipment mechanics
with at least a postsecondary degree now exceeds 70.0%, with the
specialization of industry employees driving additional sales for
operators.
Over the five years to 2019, industry revenue is forecast to
increase. Continued improvements in downstream markets and the
industrial capacity utilization rate are anticipated to drive industry
labour and parts fees. “However, company growth rates will likely remain
subdued as some markets experience a degree of saturation,” says
Hoopes. Yet, the average industry operator's size is forecast to remain
small given the lack of traditional benefits garnered from economies of
scale in the industry.
For more information, visit IBISWorld’s Machinery Maintenance and
Heavy Equipment Repair Services in Canada industry report page.
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IBISWorld industry Report Key Topics
This industry offers maintenance and repair (M&R) services, such
as blade sharpening and welding, for commercial, industrial,
agricultural and other sectors that use heavy machinery and equipment.
Automotive and electronic repairs are excluded from this industry.
Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios
About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of
industry and market research, IBISWorld offers a comprehensive database
of unique information and analysis on every US and Canadian industry.
With an extensive online portfolio, valued for its depth and scope, the
company equips clients with the insight necessary to make better
business decisions. Headquartered in Los Angeles, IBISWorld serves a
range of business, professional service and government organizations
through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.
http://www.prweb.com/releases/2014/06/prweb11959282.htm
Thursday, June 26, 2014
Tuesday, May 27, 2014
Heavy Machines coming to Covington
COVINGTON — A new business is moving to Covington that will not only bring jobs, but also make an impact on sales tax revenue.
Heavy Machines Inc. will locate
its Atlanta headquarters at the old warehouse at 10110 Roberts Way in
Covington. The company, which is based in Memphis, Tenn., is a group of
equipment dealers throughout the U.S. supplying heavy-duty, special
purpose equipment for sale.
Covington-Newton Chamber of
Commerce industrial recruiter Dave Bernd said excavators, backhoes,
lumber equipment and other heavy machinery that ranges in price from
$200,000 to $1 million will be sold from the Covington site.
“As they sell this equipment and also provide maintenance, Newton County will reap the tax benefits,” Bernd said.
Heavy Machines Inc. decided to
invest in the old warehouse due to the building’s layout of large
overhead doors, which will make it easier for the large equipment to
move in and out, Bernd said. The company also plans to invest $255,000
into the building for improvements.
About eight jobs will be offered immediately and 12 total after the business begins to grow.
“Because of the nature of the
job, which includes maintenance on such big machinery, the jobs will be
high-paying in the $25 per hour range or higher,” Bernd said.
Other company locations include Pooler; Skowhegan, Maine; Bartow, Fla.; Shreveport, La.; and Sorrento, La.
http://www.newtoncitizen.com/news/2014/may/12/heavy-machines-coming-covington/
http://www.newtoncitizen.com/news/2014/may/12/heavy-machines-coming-covington/
Friday, April 4, 2014
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
-Ends-
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/
Saturday, March 8, 2014
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/
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/
Saturday, June 22, 2013
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/
Friday, May 31, 2013
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
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
Tuesday, April 30, 2013
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
“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
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