engineering news

Caterpillar to buy Gremada Industries assets

PEORIA, Ill. (AP) -- Heavy equipment maker Caterpillar Inc. said Monday that it will acquire certain assets of Gremada Industries Inc., which reclaims and remanufactures metal components. Financial terms were not disclosed...more at Yahoo Finance

SAs BAE Systems secures R400m mine-protected vehicle order

Benoni-based BAE Systems Land Systems OMC has secured a R400-million contract to manufacture 111 RG31 Mk5 mine-protected vehicles for the US defence force. The contract formed part of the $67,3-million contract modification that Canadian defence firm,

Bell Equipment announces new board appointments

Attached please find a press release on: Bell Equipment has announced the appointment of Lucas Maloka and Dominic Chinnapen as Directors of Bell... JSE-listed technology group Reunert on Thursday said that Piet Smit, currently responsible for the group's

Cummins (CMI) Up On News Caterpillar Will Exit On-Highway Engine Biz

Shares of Cummins Inc. (NYSE: CMI) are 11% higher today following news that Caterpillar Inc. (NYSE: CAT) partnered up with Navistar (OTC: NAVZ) for their on-highway truck business and said it will not supply EPA […]

Company Announcement: Shell Lubricants achieves first ISO 21469 accreditation

Attached please find a press release on: Shell Lubricants has become the very first recipient of the ISO 21469 international standard for food sector lubricants. Shell food grade lubricant products are currently the only ISO 21469 certified products

Company Announcement: Thermo Fisher Scientifics Belt Scale System Wins First-in-its-Class National Type Evaluation Program (NTEP) Certificate of Conformance

Attached please find a press release on: Thermo Fisher Scientific Inc., the world leader in serving science, announced today that it completed testing on the Thermo Scientific Ramsey Series 14 belt scale system and received an updated National Type

Gauteng remains committed to growth target despite power woes

The Gauteng province - South Africa's economic hub - has reaffirmed its commitment to reach an economic growth target of 8% by 2018, despite the country's prevailing national electricity emergency. Speaking at the opening of the Gauteng energy efficiency

Investors buzzing around Africa's frontier markets

According to the Bank of America, foreign direct investment to Africa doubled between 2000 and 2006 to $315-billion. While African trouble spots from Somalia to Sudan remain out of bounds to all but the hardiest investor, the arguably less newsworthy -

African ports lack capacity to meet growing demand

African countries would have to develop world-class port infrastructure to keep up with future growth in demand, a top government official said on Wednesday. 'We are definitely in a strong growth cycle, but from a capacity point of view we are struggling

African ports lack capacity to meet growing demand

African countries would have to develop world-class port infrastructure to keep up with future growth in demand, a top government official said on Wednesday. 'We are definitely in a strong growth cycle, but from a capacity point of view we are struggling

Sasol donates R1m to victims of anti-foreigner violence

The money would go towards supporting those affected in both South Africa and Mozambique. The group had also established collection points at its offices from where donations of clothing, blankets and food were being coordinated, it said in an emailed

Resource-poor Japan vows to help Africa as partner

'There would be no stability and prosperity in the 21st century unless Africa's problems are solved,' Japanese Prime Minister Yasuo Fukuda told a news conference ending the three-day Tokyo International Conference on African Development (TICAD) in

R195m to boost SA's engineering, science and technology skills base

In today's podcast: The IMF expects a GDP growth rate of 6,5% for sub Saharan Africa for 2008, Sasol votes through its R26-billion BEE deal,... The International Monetary Fund (IMF) set an expected gross domestic product (GDP) growth rate of 6,5% for sub

R195m to boost SA's engineering, science and technology skills base

In today's podcast: The IMF expects a GDP growth rate of 6,5% for sub Saharan Africa for 2008, Sasol votes through its R26-billion BEE deal,... The International Monetary Fund (IMF) set an expected gross domestic product (GDP) growth rate of 6,5% for sub

Miner confirms Coega aluminium smelter delayed to 2012

Aluminium producer Rio Tinto Alcan on Thursday indicated that it expected its Coega aluminium smelter to only come on line in 2012. Rio Tinto... In today's podcast: Rio Tinto Alcan's task team looking into the timing of its planned aluminium smelter at

SA industrial drive hit by high steel prices

South Africa's manufacturing sector remains 'resilient' amid global pressures, but the price of carbon steel is holding back the country's industrial drive, a senior government official said on Tuesday.'One of the constraints that we've raised with