Engineering vehicles

Techking Custom-made Tires Come to Full Play in Australia, Well Recognized by Rio Tinto and XCMG

Retrieved on: 
Thursday, March 25, 2021

In order to gather up user feedback on Techking custom-made tires, Techking Australia branch business personnel Steve Coles made a recent onsite visit to Rio Tinto.

Key Points: 
  • In order to gather up user feedback on Techking custom-made tires, Techking Australia branch business personnel Steve Coles made a recent onsite visit to Rio Tinto.
  • The tire model is specially designed for XCMG XC9 series high-end loaders to undertake ore transportation tasks.
  • While Steve was visiting Rio Tinto, a test report with satisfactory results was received with regard to the 27.00R49 SUPER ROCK tires.
  • Those tires were customized for Komatsu 785 rigid dump trucks working at a Rio Tinto copper mine in Mongolia.

Techking Custom-made Tires Come to Full Play in Australia, Well Recognized by Rio Tinto and XCMG

Retrieved on: 
Thursday, March 25, 2021

In order to gather up user feedback on Techking custom-made tires, Techking Australia branch business personnel Steve Coles made a recent onsite visit to Rio Tinto.

Key Points: 
  • In order to gather up user feedback on Techking custom-made tires, Techking Australia branch business personnel Steve Coles made a recent onsite visit to Rio Tinto.
  • The tire model is specially designed for XCMG XC9 series high-end loaders to undertake ore transportation tasks.
  • While Steve was visiting Rio Tinto, a test report with satisfactory results was received with regard to the 27.00R49 SUPER ROCK tires.
  • Those tires were customized for Komatsu 785 rigid dump trucks working at a Rio Tinto copper mine in Mongolia.

Global Mini Excavators Market (2021 to 2025) - Featuring Caterpillar, CNH Industrial and Doosan Among Others - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 23, 2021

The "Global Mini Excavators Market 2021-2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Mini Excavators Market 2021-2025" report has been added to ResearchAndMarkets.com's offering.
  • The publisher has been monitoring the mini excavators market and it is poised to grow by $3.15 billion during 2021-2025 progressing at a CAGR of 7% during the forecast period.
  • The report on mini excavators market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
  • This study identifies the increasing manufacturers emphasis on electric mini excavators as one of the prime reasons driving the mini excavators market growth during the next few years.

Worldwide Farm Equipment Industry to 2025 - Players Include John Deere, CNH Industrial and AGCO Among Others - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 23, 2021

3.1 Global Farm Equipment Market: An Analysis

Key Points: 
  • 3.1 Global Farm Equipment Market: An Analysis
    3.1.2 Global Farm Equipment Market by Region (APAC, Europe, North America, Rest of the World)
    3.1.3 Global Farm Equipment Market by Product (Farm Tractors, Harvesting machine, Tillage equipment, Planting & Fertilizing equipment, Irrigation equipment, Haying equipment and Others)
    3.2 Global Farm Equipment Market: Product Analysis
    4.1 APAC Farm Equipment Market: An Analysis
    4.1.2 APAC Farm Equipment Market by Segment (Farm Tractors, Harvesting Machine, Haying Equipment, Spraying Equipment, Planting & Fertilizing Equipment, Irrigation Equipment and Others)
    4.2 Europe Farm Equipment Market: An Analysis
    4.3 North America Farm Equipment Market: An Analysis

Monarch Tractor Closes $20 Million Series A With Global Partners

Retrieved on: 
Tuesday, March 16, 2021

Monarch Tractor , the worlds first fully electric, driver-optional, smart tractor manufacturer, announced the closing of its $20 million Series A funding round.

Key Points: 
  • Monarch Tractor , the worlds first fully electric, driver-optional, smart tractor manufacturer, announced the closing of its $20 million Series A funding round.
  • Thus, we have seen an incredible and accelerating demand for our Monarch Tractor, said Praveen Penmetsa, CEO, Monarch Tractor.
  • The strategic investments by global leaders like CNH Industrial validate the Monarch Tractor platforms broad application globally and beyond farm products.
  • Monarch Tractor, the worlds first fully electric, driver optional, smart tractor, enhances farmers existing operations, alleviating labor shortages, and maximizing yields.

Kubota’s New “Hometown Proud” $100,000 Grant Program Now Accepting Community Revitalization Project Applications

Retrieved on: 
Thursday, March 11, 2021
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210311005607/en/
    Kubotas Hometown Proud $100,000 Grant Program Now Accepting Project Applications.
  • The Hometown Proud grant program couples much-needed funding with the use of hard-working Kubota equipment whether it be excavators, turf equipment or tractors versatile tools to bring a community project to life for one local city, town or a nonprofit that helps it stay strong.
  • Calling all Nonprofits and Municipalities: Enter a community project into the Kubota Hometown Proud Grant Program for a chance to win $100,000 and use of Kubota equipment to revitalize a public space.
  • The application process is open now through April 27, 2021, and any community project from playgrounds, community gardens, to baseball fields, community arenas, and more are invited to enter.

Forklift Market Revenue to Cross $90 Bn by 2027; Global Market Insights Inc.

Retrieved on: 
Wednesday, March 10, 2021

SELBYVILLE, Del., March 10, 2021 /PRNewswire/ --Global Market Insights Inc. has recently added a new report on the forklift market which estimates the market valuation for forklift will cross US$ 90 billion by 2027.

Key Points: 
  • SELBYVILLE, Del., March 10, 2021 /PRNewswire/ --Global Market Insights Inc. has recently added a new report on the forklift market which estimates the market valuation for forklift will cross US$ 90 billion by 2027.
  • There is an increasing demand for counterbalance forklifts that safely lift a wide range of weights up to 48 tons.
  • The expanding industrial sector in the Middle East & Africa will offer growth opportunities to the forklift market.
  • Some major findings of the forklift market report are:
    The incorporation of advanced technologies, such as RFID and IoT, in forklifts will fuel their adoption.

XCMG Delivers 6 Units of Customized GR2605 Graders to Rio Tinto's Mines in Western Australia

Retrieved on: 
Tuesday, March 9, 2021

XUZHOU, China, March 9, 2021 /PRNewswire/ -- Leading construction machinery manufacturer XCMG (000425.SZ) has delivered six units of customized GR2605 graders to Rio Tinto recently that have been put into use in the company's mines in Western Australia.

Key Points: 
  • XUZHOU, China, March 9, 2021 /PRNewswire/ -- Leading construction machinery manufacturer XCMG (000425.SZ) has delivered six units of customized GR2605 graders to Rio Tinto recently that have been put into use in the company's mines in Western Australia.
  • The model, specifically customized for Rio Tinto, is a super-horsepower grader with enhancements in terms of safety, functionality and design to meet the client's given needs and cope with the local working conditions.
  • And prior to the delivery, XCMG provided comprehensive product use and maintenance training to ensure smooth operation of the equipment.
  • "Taking this collaboration as an opportunity, XCMG will continue to strengthen our independent innovation and move steadily into the high-end markets.

XCMG Delivers 6 Units of Customized GR2605 Graders to Rio Tinto's Mines in Western Australia

Retrieved on: 
Tuesday, March 9, 2021

XUZHOU, China, March 9, 2021 /PRNewswire/ -- Leading construction machinery manufacturer XCMG (000425.SZ) has delivered six units of customized GR2605 graders to Rio Tinto recently that have been put into use in the company's mines in Western Australia.

Key Points: 
  • XUZHOU, China, March 9, 2021 /PRNewswire/ -- Leading construction machinery manufacturer XCMG (000425.SZ) has delivered six units of customized GR2605 graders to Rio Tinto recently that have been put into use in the company's mines in Western Australia.
  • The model, specifically customized for Rio Tinto, is a super-horsepower grader with enhancements in terms of safety, functionality and design to meet the client's given needs and cope with the local working conditions.
  • And prior to the delivery, XCMG provided comprehensive product use and maintenance training to ensure smooth operation of the equipment.
  • "Taking this collaboration as an opportunity, XCMG will continue to strengthen our independent innovation and move steadily into the high-end markets.

Sandhills Global Market Data Shows Historic Levels for Auction Values Across Equipment Industries

Retrieved on: 
Monday, March 8, 2021

LINCOLN, Neb., March 8, 2021 /PRNewswire/ -- New market data from Sandhills Global shows what many auctioneers have already experienced in 2021: equipment auctions are bringing tremendous returns.

Key Points: 
  • LINCOLN, Neb., March 8, 2021 /PRNewswire/ -- New market data from Sandhills Global shows what many auctioneers have already experienced in 2021: equipment auctions are bringing tremendous returns.
  • Rising auction values for loaders (up 10.9%) and backhoes (up 9.5%) were the major equipment categories driving auction values in the used heavy-duty construction market, which were up 12.34% YOY.
  • Asking values for dozers also surpassed historic values, showing market strength in both auction and retail markets.
  • The Sandhills Equipment Value Index (EVI) is a principal gauge of the estimated market values of used assetsboth currently and over timeacross the construction, agricultural, and commercial trucking industries represented by Sandhills Global marketplaces.