heavy equipment

China's construction boom has propelled a maker of pile drivers and other heavy machinery to the top of the country's rich list.

Caterpillar said growth in dealer sales of its heavy equipment slowed in the three months ended July, particularly in North America, reinforcing concerns about the struggling U.S. economy.

The cleanup of oiled beaches along the Gulf of Mexico has reached a point where crews, heavy equipment and thorough scrubbing can cause more damage to the ecosystem than good, the Coast Guard said Friday.

Heavy-equipment manufacturer Caterpillar Inc. said Friday it will build a parts plant for large mining machines and it expects to employ about 510 full-time and contract workers in five years.

Hummer, the off-road vehicle that once symbolized America's love for hulking SUVs, has hit a dead end after its planned sale to a Chinese heavy equipment maker collapsed late Wednesday.

The Associated Press 2 comments Hummer, the off-road vehicle that once epitomized America's love for hulking trucks, is now in the hands of a Chinese heavy equipment maker.

General Motors Co. says it has signed an agreement to sell control of its iconic Hummer brand to a Chinese heavy equipment maker.

General Motors Co. is poised to sign a deal to sell its Hummer brand to a Chinese heavy equipment manufacturer as early as Thursday afternoon, a person briefed on the deal said.

Heavy equipment maker Caterpillar said Tuesday its cost cuts and strategic planning had positioned the company for long-term profitability whether the global economy improves or remains mired in recession.

When construction workers are operating heavy equipment hundreds of feet above the ground, there is no room for error.

A single misstep or slight miscalculation can have disastrous consequences.