Robit stated that this will significantly strengthen its DTH business area, and with the two acquisitions, the company’s cumulative net sales will be greater than €75 million (US$83 million). According to Robit, the ...

The company said the move will increase efficiency and strengthen the company for the future. Atlas Copco will close its facility in Shenyang, which manufactures mainly hand-held rock drills for mining and constructi...

The company stated that exploring strategic alternatives will allow it to focus on those products with the greatest growth potential. Caterpillar added that the company and its dealers remain committed to existing cu...