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Stocks in the machinery industry are not expected to be timely in 1999, as demand for these products should ease in the US during the year. The Asian and Pacific Rim economies have not yet begun to recover, and Brazil's economy is weakening, but this is not expected to influence the industry as European markets seem to be doing well. There are a number of good stocks in this industry but investors need to be selective.

The construction and mining machinery industries are expected to do well over the next 12 months, from 3rd qtr 1996 to 3rd qtr 1997, as the US economy expands and international markets recover. These stocks have done increasingly well throughout 1996. An investor should be selective because major selloffs may take place at any time.

Recovery in foreign markets and a slowly expanding domestic economy are leading to good earnings for the construction and mining machinery industry. American exports have become attractive due to the weak dollar and corporate restructuring has made the industry more efficient. These stocks have done well since May 1995 and are expected to outperform the market through the end of the year, but have low price stability.

The construction and mining machinery industry is enjoying strong domestic sales, thanks to construction spending that is higher than pre-recession levels. Interest rate increases could put a brake on new orders, but foreign demand should boost sales and profits through the late nineties. Although these stocks are valued low, several are promising, albeit for investors willing to accept some risk.

The construction and mining equipment industry is expected to experience strong growth. Strong domestic demand and improvements in foreign markets will drive this predicted rise in sales and earnings. The industry's strong performance will continue because of past restructurings that have improved business fundamentals. Investments in the industry offer some good prospects for capital gains.

Stock offerings for companies in the construction and mining machinery industry may offer cautious investors a good investment opportunity. The companies posted 1st qtr 1994 earnings that surpassed industry analysts' forecasts. Domestic demand, as well as increasing foreign demand, is raising the order rates and keeping prices firm.

Stocks in the construction and mining machinery industries performed well in 1993 and should continue to do so in the US during 1994. Capital spending should be fueled by low interest rates during the year. Although the industries are improving in the UK and other countries abroad, investors should be cautious with regard to overseas markets, which may not improve as quickly as expected.

The forecast for the construction and mining machinery industry is optimistic because of the improving economy. The industry has improved its financial position by cutting manpower, installing more efficient equipment, reducing capacity and refinancing debt at lower interest rates. Sales and profits for the industry have increased during the first nine months of 1993.

Joy Global Inc a worldwide leader in high productivity mining solutions announced that it has received approval from the Anti-monopoly Bureau of the Ministry of Commerce of the People Republic [...]

Life on the Speedway: Many Faces of Growth AN UPSTART'S RITE OF PASSAGE THE TRUE MEASURE OF A GROWTH COMPANY IS HOW IT REACTS when the inevitable crisis hits. Last [...]

Harnischfeger Industries, parent of P&H and Joy, is emerging from Chapter II. In spite of flat sales for both the previous three and six-month periods, operating income from continuing operations [...]

After bankruptcy P&H will sell to Alberta mines Mining the vast oil reserves in the northern Canadian province of Alberta could fuel business for Harnischfeger Industries Inc. as it emerges [...]

They won't be moving back into their offices at Harnischfeger Industries Inc.'s palatial lakefront headquarters, but former top executives Jeffrey Grade and Fran Corby could be back on the company [...]

Harnischfeger Industries Inc., a Delaware-based maker of heavy equipment, declared bankruptcy. Harnischfeger filed for Chapter 11 bankruptcy after a long period of working to improve its financial condition. The company, which has reported debts of US$1.3 billion and cash reserves of less than US$36 million, was recently rocked by the resignations of its chairman and chief executive officer as well as its finance director. Harnischfeger has annual sales of US$2 billion.

Harnischfeger Industries Inc. has reached an agreement with lenders on $725 million of bank loans, the company said Wednesday. The bank group, led by Chase Manhattan Corp., agreed to amend [...]

Harnischfeger Industries Inc., a Brookfield-based holding company with subsidiaries that manufacture paper-making machinery, surface mining and material handling equipment, and that provide systems integration services, recorded sales of $484.3 million [...]

Mining equipment maker, Joy Global Inc. looks to the debt market to refinance bank loans after its bankruptcy.