All Business & Finance Articles

Energy systems push Rolls-Royce revenues 16% higher
Power Systems business reports revenue, profit and cash flow rose strongly for full year 2023
Lord Bamford celebrates 60-year JCB milestone
Lord Bamford has gone on to play a significant role in the growth of the company and helped it to become one of the world’s largest OEMs
John Deere announces partnership with Leica Geosystems
The partnership between John Deere and Leica Geosystems aims to leverage the strengths of both companies to bring new technologies and services to construction professionals worldwide.
US firm selected for work at ‘world’s first’ renewable hydrogen-based steel mill
An American company is helping build a ‘green steel’ mill in Sweden
Tadano to shut one of its crane factories
Crane manufacturer to close one of its crane manufacturing facilities in Zweibrücken, Germany
Human-sized bricklaying robot start-up raises $25 million
A start-up company that is developing a bricklaying robot has raised $25 million to scale the number of robots it can deploy across Europe.
Cummins takes step to fully split from Atmus
Stock exchange offer will divest remaining interest in the filter and media company
Trackunit says new IoT device ‘makes leap’
TU700 device will provide more machine data
BorgWarner signs agreement for LFP battery packs
Agreement with FinDreams Battery will enable localized production in Europe, Americas and parts of Asia Pacific
6 things we learned from Caterpillar’s 2023 results
Earlier this week, US construction equipment manufacturer Caterpillar unveiled what it hailed as the best financial year in its history.
Cummins sees record 2023 revenue despite rough Q4
Full year 2023 revenue rose 21% y/y to a record $34.1 billion
Apprenticeships help OEMs with employee recruitment, retention
Manufacturers can make use of apprenticeship programs to foster loyalty in employees and gain a high-quality workforce.
Strong Class 8 truck orders forecast ahead of 2027 regs
While 2024 orders are expected to dip, 2027 regs will propel growth and decarbonization
“Best” financial year in Caterpillar’s history
Despite sales falling in fourth quarter for construction segment, 2023 a record year for giant OEM 
House passage of pro-growth tax bill applauded
Business tax breaks set to bolster economic growth and global competitiveness
Volvo acquisition of Proterra battery business finalized
Acquisition will enable Volvo to further accelerate its battery-electric roadmap
Allison Transmission adds venture capital arm
Will invest in early and growth stage companies to advance commercial-duty mobility and work solutions
Wärtsilä order intake up 16% for FY2023
Expects demand in both marine and energy segments to improve further in 2024
Hilti becomes C02 neutral
Achievement is “first milestone to net zero” 
Kiloutou adds electric dump trucks to fleet
60 units already available in France
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