Back to the industrial heartland, a major beneficiary of emerging market demand for tractors, bulldozers and mining machinery.
This has impacted the demand for mining equipment and machinery manufactured by Caterpillar and other mining equipment manufacturers, causing them to lower their earnings forecast over the short-term.
One such supplier is Titan International (38, TWI), which makes huge tires for mining and agricultural machinery.
One such supplier is Titan International (nyse: TWI - news - people ) (38, TWI) , which makes huge tires for mining and agricultural machinery.
This is positive for mining and will lead to increased demand for mining machinery.
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China is one of the largest markets for large machinery and mining equipment, and we believe that this expansion will help Caterpillar expand its footprint and gain market share in not only China but also other emerging markets in Asia.
Long lead times persist for oil drilling rigs, mining equipment and some other specialized machinery, but generally companies face no supply limitations when considering expansion.
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T-shirts, bathing suits and machinery for energy and mining.
It blamed a slowdown in Japanese sales and costs of integrating the acquisition of mining machinery maker Bucyrus for the EPS shortfall.
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Besides its mining outfit, the company has an engineering division which makes machinery and foundry parts.
It also does big business there in machinery, cars, steel, railways, mining, construction and banking.
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Brazil then sees Africa as a means of diversifying its export markets in such sectors as food, seeds and agricultural machinery while internationalising production of its major companies such as oil and biofuels giant Petrobras and mining colossus Vale.
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