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Current Industrial Equipment News Today

Caterpillar-backed Neovia Logistics explores sale -sources
Neovia Logistics LLC, a logistics services provider backed by industrial equipment conglomerate Caterpillar Inc, is exploring a sale that could value the company at more than $1 billion, according to people familiar with the matter. Neovia has enlisted investment bank UBS AG to run an auction for the company and is preparing to contact potential buyers, the people said, asking not to be named ...

Thu, 24 Apr 2014 12:22:45 -0700

Industrial-sector-funds could boost your bottom line
You’ll be forgiven for thinking that the industrial sector isn’t all that different from the U.S. economy at large. After all, the nation’s venerable stock index, the Dow Jones industrial average...

Tue, 22 Apr 2014 09:00:00 -0700

Manufacturers see better times for economy, jobs
NEW YORK — Big companies are finally starting to spend money, and that could mean a better economy and more jobs are on the way. Industrial companies such as General Electric, Honeywell and Caterpillar make expensive equipment that other companies need to buy to grow their business. They've been posting strong financial results in recent weeks and telling investors that orders are strong.

Thu, 24 Apr 2014 12:24:08 -0700