Tags: OEMs

Caterpillar profits fall 29% in 2Q as company cuts full-year forecast

Jul 23, 2015

Caterpillar profits fall 29% in 2Q as company cuts full-year forecast

A continued and severe lack of demand for mining equipment worldwide, coupled with lower construction equipment sales in China and Brazil brought Caterpillar sales and profits down during the second quarter. In earnings released Thursday the company reported a decrease in ...

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Seok Myung Yoon named president and CEO of Hyundai Construction Equipment Americas

May 08, 2013

Seok Myung Yoon named president and CEO of Hyundai Construction Equipment Americas

Hyundai Construction Equipment Americas has chosen Seok Myung (Sam) Yoon as its next president and CEO. Yoon is the former CEO of Hyundai Heavy Industries Brazil. HHI is the parent company of Hyundai Construction Equipment. He made the move with his ...

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