Construction Opportunities, the construction equipment magazine reports that JCB India has plans to invest an additional Rs 500 crore over the next five years towards a new plant in Jaipur. The plant to be initially used for fabrication work, is being set up on a 115-acre plot in the Mahindra World City special economic zone. With India being a very huge market for the British digger manufacturer the investment at the Jaipur plant is intended to further consolidate its position
Dana Holding Corporation which offers engineering support to several to original-equipment manufacturers in the light-vehicle, commercial-vehicle, and off-highway markets in India has opened up a technology centre at Pune. Construction Opportunities, the construction equipment magazine finds out that the 90,000 square-foot technology facility, which is home to more than 240 engineers, is equipped to offer world-class engineering capabilities and throughout the region. Dana India Technical Center is the company’s 13th facility in India. Dana customers in India include Ashok Leyland Ltd., Caterpillar India, Deere and Co., Force Motors, Ford India, General Motors India, Mahindra & Mahindra, Mahindra Trucks and Buses Ltd., TAFE, Tata Motors, and VE Commercial Vehicle Ltd.
Construction Opportunities, the construction magazine, is pleased to report Chennai based GMMCO Ltd has taken over Caterpillar s mining product line distribution and support business for its territories from Bucyrus India Pvt Ltd. The latter which is part of the US-based construction and mining tool major Caterpillar Inc manufactures mining equipment which includes draglines, unit rig mining trucks, room and pillar and longwall equipment, electric rope and hydraulic shovels, highwall miners, drills, belt systems and various lines of other equipments. GMMCO previously known as General Marketing and Manufacturing Co Ltd is a part of the empowered Caterpillar dealer in west, central and southern India.
Volvo Rents, a leading North American provider of small-to-medium sized rental equipment for a diverse customer base across multiple industries, including construction, oil and gas, industrial manufacturing, infrastructure, power, and metals and minerals, has been completely acquired by Platinum Equity. Platinum Equity also currently owns Maxim Crane, a full-service provider of crane rental and lifting services. A rebranding initiative is underway, and a new company name and image is expected to be announced soon. Construction Opportunities, the construction equipment magazine observe that Volvo’s rental centres in the US offer a comprehensive line of essential equipment for the construction, commercial and industrial markets, as well as an extensive line of Volvo compact excavators, compactors, wheel loaders, backhoe loaders, compaction equipment, and skid steer loaders.
Construction Opportunities, the constructionequipment magazine reports that the worldwide demand for mining machinery is expected to increase in India, China, Brazil and other developing nations on the back of an increase in industrial output and expansion in construction spending. Demand for mining machinery will expand at 8.6 percent per annum up to 2017 to $135 billion thanks to rapid gains in the requirements of mining equipment despite some sales weakness in the short term, according to Mat Raskind, an analyst from the Freedonia Group, a Cleveland-based industry market research firm.