Articles tagged with 'economic-downturn'

Cat sales drop 41 per cent

23 July 2009 | Caterpillar has recorded sales and revenues of $7.98 billion for the second quarter of 2009, down 41 per cent from $13.62 billion at the same time last year.


Out-of-Trade register helps QLD apprentices get back to work

29 June 2009 | Construction Skills Queensland and the Queensland Government Department of Education and Training began compiling an 'Out-of-Trade' Apprentice Register in January this year to record those whose apprenticeships had been cancelled.


Generic parts market thrives

28 May 2009 | The market for generic replacement parts for construction equipment (both wear parts and spare parts) continues to grow and this trend is likely to escalate, especially in response to the economic downturn.


Oh dear, John Deere!

26 May 2009 | John Deere's worldwide net sales and revenue declined 17 per cent for the second quarter and were down 11 per cent to $11.89 billion for six months compared with a year ago.


Industry contraction eases for second consecutive month

8 May 2009 | The national construction industry continued to decline in April, however, the rate of contraction eased for a second consecutive month.


Technology helps when margins are tight

30 April 2009 | Cost-cutting is often an inevitable consequences of economic crises. However, according to Graham Murphy, director at Semco, investing in technology is not something that should fall by the wayside when margins are tight.


Engineering construction to drop 20 per cent in two years

28 April 2009 | Federal government efforts to counter the global financial crisis via an infrastructure-led economic stimulus will not be enough to prevent a significant decline in total engineering construction, says BIS Shrapnel.


WA moves to protect apprentices

27 April 2009 | The Western Australian government is providing opportunities on construction projects for at least 80 apprentices who may not otherwise be able to complete their apprenticeship due to the economic downturn.