term paper both operate in the Heavy Equipment industry. The firms are Japanese based Komatsu Ltd. and the American headquartered company Terex. Komatsu Ltd. headquarters are located in Tokyo‚ Japan while‚ Terex has their headquarters in Westport‚ Connecticut. Komatsu Ltd. is traded on the Tokyo Stock Exchange under the ticker symbol (KMTUY) while Terex is traded on the New York Stock Exchange under the ticker symbol (TEX). Komatsu is Japans largest heavy equipment company and the world’s second
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Introduction Earth moving equipment are the machines human make to replace the hard work from the human; the machines made by humans to perform digging; grading; leveling; removing; etc to earth moving from one side to the other side. There is Bulldozer‚ excavator‚ grader‚ loader‚ roller‚ forklift‚ tractor‚ bobcat‚ and truck‚ etc. Earth moving equipment is replacing the hard tough work; back break jobs to easy jobs for the workers. Machines do a lot better than the human force. They can do a big
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1/24/2012 Caterpillar Inc. SWOT Analysis I. Caterpillar Inc. manufactures and sells construction and mining equipment‚ diesel and natural gas engines‚ industrial gas. (Yahoo Finance) Caterpillar started in 1925 by a merger of The Holt Manufacturing Company. Holt was already involved in many projects associated in WWI and projects here in the US. Caterpillar has grown the machinery business from mining‚ forestry machinery‚ including track and wheel tractors‚ track and wheel loaders‚ pipe layers
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The global market for construction equipment is expected to reach USD 208.36 billion by 2020‚ according to a new study by Grand View Research‚ Inc. Growing number of infrastructure projects on a global scale is expected to be the key driving force for the market over the next six years. Increasing mining activities which require the use of construction equipment are also expected to positively impact the industry over the forecast period. Technological development has led to the use of advanced
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Victoria Heavy Equipment’s most recent organization has been lacking effective communication practices amongst all of its divisions. The company has been suffering from lack of clear goals in measurable terms‚ for its divisions. The idea of each division functioning as an independent unit‚ whether it being cost or profit center‚ is a remarkable beginning. However‚ clear goals and key measurable need to be set for each center‚ which in our case have been overlooked. As a result‚ many of these centers
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Heavy Equipment Safety Warnings Axis Capital Group Singapore Jakarta Malaysia Beijing Operator Training Safeguarding heavy equipment operators starts with right training. Training should contain formal (classroom-type) instruction‚ demos by the trainer‚ practical exercises executed by the trainee‚ and an evaluation of the operator’s performance in the workplace. A common category of injury connected with heavy equipment consists of mounting and dismounting vehicles. The training offered should
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first tractor until they purchased a small tractor company‚ Waterloo Boy‚ in 1918. Now the green and yellow machinery is recognized around the world. Although agricultural equipment is still the main revenue generator for John Deere‚ they are also a major producer of forestry‚ construction‚ commercial and residential lawn equipment. John Deere has clearly done its homework on how to expand into new industries and stay ahead of its competition. Nevertheless‚ with so many changing factors in the world
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established to manufacture mining equipment and machine tools. The name Komatsu came into existence in 1921 when iron works separated from the mining company to become KOMATSU ltd. Despite a name that means “little pine tree”‚ Komatsu produces line up of big equipment. The company is the world’s second largest manufacturer of construction and mining equipment‚ after Caterpillar Inc. Komatsu is a diversified company engaged in manufacturing and selling of construction equipment‚ industrial machinery and
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sales. These countries have a strong demand for Cat’s equipment since they are undergoing development. Also‚ Caterpillar entered the market for rental equipment. Another sociocultural phenomenon that affected Caterpillar and other companies was the rise of unionization across America and their ability to make changes in a company’s structure. Legal / Political. Caterpillar faces the policies and laws of many governments because of its heavy involvement in the international markets. High tariffs
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CHAPTER 1 Introduction I. EXECUTIVE SUMMARY BJ Marthel International‚ Inc. is a company that engages in trading of heavy equipments and providing contractual services. From its incorporation during April 16‚ 1984‚ it has now established a strong reputation as one of the leading distributors and most reliable service contract providers in the country. Over the years it has achieved a competitive advantage taking into account its core competencies and the generic strategy it employs
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