CNH Industrial says that more than two-thirds of its 67 production sites around the world are operational, albeit at a reduced rate, with the vast majority expected to reopen by the end of May.
With businesses across the globe enduring uncertain times amid the Covid-19 pandemic, industry sectors must stand together and rebuild in a structured and sustainable way. That is the view of Nico Pienaar, director of South African surface mining industry association Aspasa.
Outsourcing machine ownership to original equipment manufacturers (OEMs), dealers or rental fleet owners needs to become more commonplace, according to Nele Van Campfort, Volvo Construction Equipment's business development manager for services.
The Mineral Products Association (MPA) has written to the Chancellor of the Exchequer having published a policy paper setting out the impact of the Coronavirus on the sector proposing some key policy steps to help get the industry through the crisis and be ready to support the recovery. It also warns of an anticipated credit squeeze as the economy re-opens, a significant risk for those that survive the current shutdown.
Italian hydraulic attachments manufacturer Simex has confirmed that since Monday 4 May it has become 100% operational once again in all its production departments.
UK construction industry bodies the Builders Merchants Federation (BMF) and the Construction Products Association (CPA) say they are joining forces to identify materials likely to be in short supply in the re-opening period following the Covid-19 pandemic.
Construction market demand for heavy side building materials in Great Britain, including aggregates, asphalt, ready-mixed concrete and mortar, declined significantly at the start of 2020.
The Terex Materials Processing (Terex MP) crushing and screening equipment business has reported net sales of US$315.6m (€284.15m), down 23.1% versus Q1 2019 driven by challenging global markets.
Sandvik Mining & Rock Technology has extended its agreement with Fredheim Maskin to sell its Q-range, U-440 and U-300 series of mobile screens and crushers into Sweden.
Italian construction equipment sales fell by 15% in the first quarter of 2020 compared to the same period of last year, according to new figures published by Unacea.
Breedon Group, a major independent UK and Ireland construction materials business, is resuming clinker production at its two cement plants this month - while also planning to "progressively" reopen some of its other sites over the "coming weeks".
JCB's 'Food for our Communities' initiative has reached a major milestone after the UK-based equipment manufacturer despatched the 10,000th meal from its kitchens for those in need in Staffordshire, central England, during the Coronavirus pandemic.
