Material effect: for Caterpillar, commodity boom creates a bind

Article Abstract:

With the demand for raw materials high and commodity prices continuing to rise , mining companies are requiring more equipment and machinery to meet the demand for greater production. In turn, construction and mining equipment makers such as Caterpillar Inc. are experiencing greater demand for their products. The effort of equipment manufacturer s to meet demand at the same time that they are faced with the high cost of production materials themselves, is discussed.

Sales, profits & dividends, Commodity & service prices, Management dynamics, Construction machinery, Management, Prices and rates, Company sales and earnings, Caterpillar Inc., CAT, Company earnings/profit, Company business management, Steel, Construction equipment industry, Commodities, Raw materials, Company pricing policy, Bucyrus International Inc.

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Turn of the screw: in tepid job scene, certain workers are in hot demand

Article Abstract:

Highly skilled factory workers such as Richard Schrader, a Swiss-style machinist at Marox Corp., are currently scarce in the U.S. Large manufacturers have let apprenticeship programs slide, while the decreasing pay differential between the U.S. and Europe has resulted in a drop in the amount of skilled immigrant labor entering the U.S.

Executive changes & profiles, Personnel administration, Medical Instruments and Supplies, Medical Equipment and Supplies Manufacturing, Medical Instruments & Supplies, Officials and employees, Recruiting, Training, Interview, Medical equipment and supplies industry, Medical equipment industry, Industry hiring, Machinists, Factory workers, Schrader, Robert

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Severstal is to buy Maryland steel plant

Article Abstract:

In an acquisition that will make it one of the top five U.S. steel manufacturers, OAO Severstal has entered an agreement to purchase Arcelor Mittal's steel plant in Sparrows Point, Maryland for $810 million. Article discusses Serverstal's sales, production capacity, and presents an analysis of the international steel market.

Acquisitions & mergers, Foreign operations, Forecasts, trends, outlooks, Blast furnaces and steel mills, Maryland, Mergers, acquisitions and divestments, Company acquisition/merger, Steel industry, Company business forecast/projection, Company forecasts, OAO Severstal, Arcelor Mittal

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