Komatsu

‘AEM Manufacturing Express’ Set to Hit the Road this Summer

Retrieved on: 
Monday, April 8, 2024

The tour will visit more than 20 states, with stops planned at more than 80 equipment manufacturers in communities across the Midwest, Southeast, and Mid-Atlantic.

Key Points: 
  • The tour will visit more than 20 states, with stops planned at more than 80 equipment manufacturers in communities across the Midwest, Southeast, and Mid-Atlantic.
  • “The ‘AEM Manufacturing Express’ will hit the road this year to celebrate the equipment manufacturing industry and highlight its vital role in building a modern and resilient infrastructure, putting food on people’s tables, and powering vital public services and utilities,” said AEM President Megan Tanel.
  • Elected officials will join manufacturing workers and their friends and families along the route as the “AEM Manufacturing Express” celebrates the industry’s many contributions to small towns and big cities across the country.
  • Triple Crown Products is the official apparel sponsor, outfitting AEM Manufacturing Express staff throughout the tour, and DuraMark Technologies is the official decal sponsor, providing design and production of graphic materials for the tour.

Latin America Construction Equipment Market Strategic Assessment & Forecast 2024-2029, Featuring Key Vendors Caterpillar, Komatsu, Hitachi, XCMG, Liebherr and Volvo Construction Equipment - ResearchAndMarkets.com

Retrieved on: 
Monday, April 1, 2024

Caterpillar, Komatsu, Hitachi, XCMG, Liebherr & Volvo Construction Equipment have a substantial market share in the Latin America construction equipment market.

Key Points: 
  • Caterpillar, Komatsu, Hitachi, XCMG, Liebherr & Volvo Construction Equipment have a substantial market share in the Latin America construction equipment market.
  • Earthmoving equipment accounted for the largest market share in the Latin America construction equipment market in 2023.
  • Brazil is the largest market in Latin America construction equipment market.
  • The demand for this equipment will grow sharply in the Latin America construction equipment market in 2024.

Construction Equipment Market in Southeast Asia to Surge: Forecast for Robust Growth by 2029 - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 21, 2024

The "Southeast Asia Construction Equipment Market - Strategic Assessment & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Southeast Asia Construction Equipment Market - Strategic Assessment & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.
  • Earthmoving equipment has emerged as the leading segment within the Southeast Asia construction equipment market in 2023.
  • As Southeast Asia propels into a substantial phase of construction development, market participants keenly await the unfolding of the opportunities amid the forecasted growth.
  • What are the driving forces behind the Southeast Asia construction equipment market surge?

IDTechEx Finds EVs Will Make Mining Cleaner and Cheaper

Retrieved on: 
Tuesday, March 26, 2024

The use of EVs in global mining is on the rise and could be set to change attitudes towards the industry at large.

Key Points: 
  • The use of EVs in global mining is on the rise and could be set to change attitudes towards the industry at large.
  • The new IDTechEx report, " Electric Vehicles in Mining 2024-2044: Technologies, Players, and Forecasts ", finds that the electric mining vehicle market is on the cusp of rapid growth, with a 20-year CAGR of 38% forecasted.
  • This article will explore these factors to demonstrate why mining companies and vehicle manufacturers have been so keen to embrace electrification.
  • The introduction of electric haul trucks and other electric mining vehicles creates huge potential for the decarbonization of mining and allows mining companies and OEMs to meet their individual emissions targets.

IDTechEx Finds EVs Will Make Mining Cleaner and Cheaper

Retrieved on: 
Tuesday, March 26, 2024

The use of EVs in global mining is on the rise and could be set to change attitudes towards the industry at large.

Key Points: 
  • The use of EVs in global mining is on the rise and could be set to change attitudes towards the industry at large.
  • The new IDTechEx report, " Electric Vehicles in Mining 2024-2044: Technologies, Players, and Forecasts ", finds that the electric mining vehicle market is on the cusp of rapid growth, with a 20-year CAGR of 38% forecasted.
  • This article will explore these factors to demonstrate why mining companies and vehicle manufacturers have been so keen to embrace electrification.
  • The introduction of electric haul trucks and other electric mining vehicles creates huge potential for the decarbonization of mining and allows mining companies and OEMs to meet their individual emissions targets.

Autonomous Driving Innovator EACON Secures $44.5 Million in Series C++ Funding, Surpassing $97.3 Million Raised in 6 Months

Retrieved on: 
Wednesday, March 13, 2024

BEIJING, March 13, 2024 /PRNewswire/ -- EACON, a leading company in autonomous driving for mining, has secured $44.5 million USD in Series C++ financing, led by Zijin Mining.

Key Points: 
  • BEIJING, March 13, 2024 /PRNewswire/ -- EACON, a leading company in autonomous driving for mining, has secured $44.5 million USD in Series C++ financing, led by Zijin Mining.
  • With the completion of Series C and Series C+ financing, EACON has raised a total of $97.3 million USD in equity financing within 6 months.
  • By integrating cutting-edge autonomous driving technology with robust on-site operational capabilities, EACON offers an OEM-agnostic, field-proven solution for autonomous haulage and zero-emission truck engineering.
  • With robust R&D capabilities and experience in clean energy and autonomous mining trucks, EACON is well-positioned for global market entry.

H&E Equipment Services, Inc. Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, February 22, 2024

Gross profit increased 16.9% in the fourth quarter of 2023 to $186.3 million compared to $159.4 million in the fourth quarter of 2022.

Key Points: 
  • Gross profit increased 16.9% in the fourth quarter of 2023 to $186.3 million compared to $159.4 million in the fourth quarter of 2022.
  • On average, rental rates in the fourth quarter of 2023 were 3.8% better than rates in the fourth quarter of 2022.
  • Dollar utilization for the fourth quarter of 2023 was 40.3% compared to 41.9% in the fourth quarter of 2022.
  • Interest expense was $16.3 million for the fourth quarter of 2023 compared to $13.5 million in fourth quarter of 2022.

Knightscope Welcomes New Board of Directors

Retrieved on: 
Tuesday, February 20, 2024

Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), a leading innovator in robotics and artificial intelligence (“A.I.”) technologies focused on public safety, today announces the appointment of its new members of its Board of Directors.

Key Points: 
  • Knightscope, Inc. [Nasdaq: KSCP] (“Knightscope” or the “Company”), a leading innovator in robotics and artificial intelligence (“A.I.”) technologies focused on public safety, today announces the appointment of its new members of its Board of Directors.
  • View the full release here: https://www.businesswire.com/news/home/20240220718264/en/
    “Our departing directors have my deepest gratitude for their years of service on our Board.
  • In addition, the following new directors have been appointed, succeeding Patricia Howell, Linda Keene Solomon, and Patricia L. Watkins.
  • I’m now honored to join Knightscope’s Board of Directors and further my commitment to making America the safest country in the world,” said Mocny.

TIER IV launches L4 RIDE to boost rollout of autonomous bus services

Retrieved on: 
Wednesday, February 28, 2024

TOKYO, Feb. 27, 2024 /PRNewswire/ -- TIER IV , a pioneer in open-source autonomous driving (AD) technology, is excited to unveil L4 RIDE , a solution designed to assist local governments and transportation operators in delivering autonomous bus services.

Key Points: 
  • TOKYO, Feb. 27, 2024 /PRNewswire/ -- TIER IV , a pioneer in open-source autonomous driving (AD) technology, is excited to unveil L4 RIDE , a solution designed to assist local governments and transportation operators in delivering autonomous bus services.
  • As part of efforts to expand the deployment of AD services, TIER IV launched the white-label vehicle solution, fanfare, in June 2023 .
  • TIER IV obtained Level 4 certification at a site in Greater Tokyo in October 2023 , marking a significant milestone in the spread of AD services.
  • TIER IV is poised to steer the adoption of AD services across Japan by combining fanfare and L4 RIDE, and harnessing the extensive experience gained from successful Level 4 certification and PoC tests.

Gee Heavy Machinery Demonstrates Industry Leadership at Sierra Cascade Logging Conference

Retrieved on: 
Thursday, February 8, 2024

The conference, renowned for its focus on forestry, logging and heavy equipment, provides an ideal platform for Gee Heavy Machinery to showcase its expertise and cutting-edge solutions.

Key Points: 
  • The conference, renowned for its focus on forestry, logging and heavy equipment, provides an ideal platform for Gee Heavy Machinery to showcase its expertise and cutting-edge solutions.
  • As a leading provider of heavy machinery solutions, Gee Heavy Machinery is committed to driving innovation and excellence in the forestry sector.
  • "We are excited to be part of the Sierra Cascade Logging Conference, an event that celebrates the vital role of forestry and logging in our communities," said Joel Larson, COO at Gee Heavy Machinery.
  • For more information about Gee Heavy Machinery's participation in the Sierra Cascade Logging Conference or to inquire about their forestry equipment solutions, please contact: