Heavy Machinery & Vehicles

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Anhui Heli to set up joint venture

Monday, 18 Aug 2014 08:00pm EDT

Anhui Heli Co Ltd:To set up a joint venture in Calais, France, with Anhui-based industrial vehicles import and export subsidiary.The joint venture will be mainly engaged in forklift parts and maintenance service, with a registration capital of 500,000 euros yuan.The company will hold a 50 pct stake in the joint venture.

Deere & Co announces factory layoffs

Friday, 15 Aug 2014 09:00am EDT

Deere & Co:Announced it will reduce size of its manufacturing workforce at some agricultural equipment factories in response to current market demand for its products.Says action will place more than 600 employees at four locations on indefinite layoff.

BAUER AG confirms FY 2014 revenue and EBIT outlook; adjusts FY 2014 after-tax profit outlook

Thursday, 14 Aug 2014 03:07am EDT

BAUER AG:Says as forecast in April 2014, expects to achieve total group revenues of around 1.55 billion euros and EBIT of around 75 million euros in current FY 2014.Says has adjusted its FY 2014 after-tax profit forecast slightly, based on special factors and current political uncertainty.Sees now FY 2014 after-tax profit around 15 million euros to 20 million euros instead of previously predicted 20 million euros to 25 million euros.FY 2014 net income estimate 20.33 million euros - Thomson Reuters I/B/E/S.

Ag Growth International Inc gives FY 2014 sales guidance

Wednesday, 13 Aug 2014 08:00pm EDT

Ag Growth International Inc:Says overall international sales in FY 2014 to exceed the record levels achieved in FY 2013.

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