Latest news with #machinery
CTV News
27-05-2025
- Business
- CTV News
New remanufacturing plant in Bradford, Ont. gives machinery a second life
Toromont Cat, a brand new remanufacturing facility in Bradford helps take near end-of-life Caterpillar machine parts and refurbishes them for future use on may 27, 2025. (CTV News/Luke Simard) Toromont Cat, a brand new remanufacturing facility in Bradford helps take 'near end-of-life' Caterpillar machine parts and refurbishes them for future use. The company, formerly located in Vaughn, broke ground on a new facility in 2021 off of Line 5 in Bradford. They facility is 143,000 square feet. Terry Harkness, general manager of Toromont Remanufacturing said the remanufacturing plant offers new life to the machinery. Toromont Cat Toromont Cat, a brand new remanufacturing facility in Bradford helps take near end-of-life Caterpillar machine parts and refurbishes them for future use on may 27, 2025. (CTV News/Luke Simard) 'We call it the circular economy because we keep it back and put it back into life,' said Harkness. 'On a lot of our components, we can reuse up to 60 per cent of the original, parts.' Harkness adds a lot of machine parts will be reused and not end up in a landfill or another recycling plant. 'The parts will last upwards of 20 to 25,000 hours depending on the use,' said Harkness. 'When the component comes here, it will generally stay in our plant for four to eight weeks before being sent back out.' Harkness said there were many benefits to relocating the plant to Bradford. Toromont Cat Toromont Cat, a brand new remanufacturing facility in Bradford helps take near end-of-life Caterpillar machine parts and refurbishes them for future use on may 27, 2025. (CTV News/Luke Simard) 'We looked for a site for many years and landed on Bradford because of the access to the skilled people and the open arms we have seen from Bradford West Gwillimbury,' said Harkness. Employees are also appreciative of the new location. Matt Koski has been an employee for more than 30 years. 'I remember when I started, I wanted a pair of coveralls that say my name on it,' said Koski. 'It took me a while to get in, but I did get in, and I have a passion for caterpillar products, and I thoroughly enjoy every day that I work.' Koski adds the work he does a on a day-to-day basis is fulfilling. 'I ran the High-Performance Dino for many years and diagnosing, making the product perfect before the customer gets it is the main goal,' said Koski. Now that Toromont Cat is settled into their new location, they plan on getting out into the community and expand their workforce. The company currently employs more than 150 people with plans to add more than 50 jobs in the future.
BBC News
26-05-2025
- BBC News
Thieves drive off in stolen digger and roller in Gloucestershire
Thieves are thought to have driven off in a digger, excavator, roller and other vehicles after they were stolen from premises in Gloucestershire, police have six high value vehicles were stolen over the course of two offenders were believed to have forced entry to the premises on the A38 Bristol Road in Cambridge, near Berkeley, Gloucestershire, at about 22:00 BST on Saturday and again at 21:45 BST on Sunday, officers there, they stole £250,000 worth of machinery, including a Machine Kobtoa excavator, digger and roller, which they drove off with in convoy. Gloucestershire Police urged witnesses to come forward, or anyone with CCTV or dashcam can be shared with police via an online form, or anonymously by contacting Crimestoppers.
Yahoo
26-05-2025
- Business
- Yahoo
XCMG Opens 7th XCMG International Customer Festival, Strengthening Collaboration with Global Partners
XUZHOU, China, May 26, 2025 /PRNewswire/ -- XCMG Machinery ("XCMG", SHE: 000425) has successfully hosted the 7th XCMG International Customer Festival (the "Festival") from May 20 to 23 in Xuzhou, China. More than 2,000 customers from over 80 countries and regions as well as 60 journalists from both home and abroad gathered in Xuzhou, China, to celebrate and witness the largest edition of the Festival to date. Yang Dongsheng, chairman of XCMG Group and XCMG Machinery, expressed his gratitude and respect to the partners from all over the world. "As the old saying goes, 'Nothing, not even mountains and seas, can separate people with common goals and ideals.' Every breakthrough and leap forward in XCMG's globalization journey is full of the trust and entrustment of our global customers; it's the cohesion of everyone's wisdom and contribution and a chapter of the times we grow together." XCMG lined up 16 top-selling cranes, which heralded the beginning of a new journey with global partners. 2,500 drones drew the "SOLID TO SUCCEED" manifesto with the night sky as canvas, mapping the blueprint for building a greener future for all during its opening ceremony. XCMG also showcased groundbreaking products and green technologies, including the pure electric unmanned excavator XE215E and electric loader XC968-EV, both utilize XCMG's self-developed algorithms and AI models and are equipped with multi-line LIDAR, cameras and deep learning computing units that are extensively configured in the intelligent equipment to achieve truck positioning, path planning and accurate loading. At the opening ceremony, Yang Dongsheng presented six golden keys to deliver a batch of high-end hoisting machinery, intelligent and digital mining and road equipment. The interactive experience zone with 12 programs of the Festival was set up close to the actual working conditions of customer experience projects, including excavating machinery, road machinery, shoveling machinery, truck-mounted cranes, fire trucks and the city's operating platforms. Rooted in more than 190 countries and regions, XCMG, as a leading construction machinery brand, has made remarkable achievements in product technology, intelligent manufacturing, brand building, international market development and more. Against the backdrop of profound changes in the current global economic landscape and accelerated restructuring of the industrial chain and supply chain, XCMG is actively responding to the challenges and grasping opportunities, showing strong resilience and vitality in development. Li Qi, vice president of China Machinery Industry Federation, noted in his speech that XCMG has set a benchmark for the transformation and upgrading of the construction machinery industry. "We hope that XCMG will continue to play a leading role in the industry, strengthen in-depth cooperation with global partners, and make greater contributions to the development of the global construction machinery industry," said Li Qi. From the Simandou iron mine in Guinea to the Future City in Saudi Arabia, from the wind farms in Europe to mines in Indonesia, XCMG is committed to responding accurately to the market demand, and each solution originates from the in-depth insight into the local regulations, standards and operating habits, constantly breaking through the boundaries of the construction machinery to build a future of shared success. View original content to download multimedia: SOURCE XCMG Machinery Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
21-05-2025
- Business
- Zawya
Hamdan bin Zayed launches Serh Group in landmark ceremony in Abu Dhabi
Attended by UAE government leadership, the event also serves as a setting for the company's groundbreaking AED 2 billion agreement with ADNOC Abu Dhabi, UAE – His Highness Sheikh Hamdan bin Zayed bin Sultan Al Nahyan launched Serh Group, one of the UAE's leading providers of oil and gas operations, logistics, and manpower services, recently at an inauguration ceremony attended by the country's most senior leaders. The launch event happened during a ceremony at 'Make it in the Emirates'. His Highness revealed the company logo and visual identity, inspired by the evergreen Serh tree. Formerly Al Dhafra Technical Services, the newly rebranded company now takes shape with a refreshed corporate identity, inspired by a legacy of excellence, and driven by an ambitious vision for the future. The event was also the setting for the announcement of Serh Group's groundbreaking agreement with the Abu Dhabi National Oil Company (ADNOC) which saw it sign a landmark agreement valued at AED 2 billion to supply a wide range of machinery and equipment over a period of five years. H.E. Dr. Sultan Al Jaber, Chief Executive Officer of ADNOC, Minister of Industry and Advanced Technology, and UAE Special Envoy for Climate Change, was joined by Captain Mohamed Juma Al Shamisi, Serh Group Chairman as they announced the partnership between the two companies, signaling a new era of cooperation and shared values between ADNOC and Serh Group. The partnership was signed by Saif Al Falahi, Executive Vice President, Group Business Support & Special Tasks at ADNOC, and Abdulkhaliq Al Ameri, CEO of Serh Group. H.E. Dr. Sultan Al Jaber, Chief Executive Officer of ADNOC, commented: 'Under the directives of the UAE's wise leadership to support economic, industrial and logistics growth in the UAE, we are proud to extend our cooperation with Serh Group, which reflects ADNOC's ongoing commitment to building strong, future-focused partnerships that support our strategic vision. Together, we will explore new opportunities that align with our priorities and contribute to long-term value creation for both our organizations.' Captain Mohamed Juma Al Shamisi, Serh Group Chairman, said: 'We are thrilled to be officially launching Serh Group, a transformative milestone in our exciting and dynamic journey. As we evolve into an ambitious, forward-looking entity, this new brand reflects our expanded vision, diversified capabilities, and unwavering commitment to excellence. Serh Group represents a renewed promise to deliver integrated, innovative, and sustainable solutions in oil and gas operations, logistics, and manpower services that meet the growing demands of our clients and partners across the UAE and beyond." The Abu Dhabi-based enterprise serves the UAE's industrial and energy sectors, offering innovative, sustainable solutions, fostering collaboration, and driving long-term growth as a trusted enabler of integrated services. With strong roots, dense branches, and a majestic crown, the Serh is the only tree in the UAE that is over a century old. With strong foundations, the company will provide stability, growth, and resilience, with core values based on technical capabilities and decades of collective experience. Serh Group traces its origins to the merger of Al Dhafra Cooperation Society (ADCS) and Delma Co-operative Society (DCS), established in 1976 and 1981, respectively, under an Amiri Decree by His Highness Sheikh Zayed Bin Sultan Al Nahyan. The unified entity aimed to drive economic growth and foster the social development of Abu Dhabi's Western Region. Over time, business activities expanded to include oil and gas field services, including logistics, machinery operation, and manpower services. MEDIA INQUIRIES: UAE Aliya Schmid Kekst CNC serhgroup@
Associated Press
12-05-2025
- Business
- Associated Press
AGCO to Present at the JP Morgan 53rd Annual Technology, Media & Communications Conference
DULUTH, Ga., May 12, 2025 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in the JP Morgan 53rd Annual Technology, Media & Communications Conference on Wednesday, May 14, 2025. The conference will include a fireside chat with Damon Audia, Senior Vice President and Chief Financial Officer, and Andrew Sunderman, Vice President, PTx Product Creation & Delivery, at 10:40 a.m. Eastern Time. Investors may listen to a live webcast of the presentation by accessing the 'Events' section of the company's Investor Relations website at The webcast will also be archived immediately afterward for 12 months. About AGCO AGCO (NYSE: AGCO) is a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology. AGCO delivers value to farmers and OEM customers through its differentiated brand portfolio including leading brands Fendt®, Massey Ferguson®, PTx and Valtra®. AGCO's full line of equipment, smart farming solutions and services helps farmers sustainably feed our world. Founded in 1990 and headquartered in Duluth, Georgia, USA, AGCO had net sales of approximately $11.7 billion in 2024. For more information, visit View original content to download multimedia: SOURCE AGCO Corporation
