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Doosan Infracore
Hyundai Doosan Infracore Co., Ltd. (), formerly known as Doosan Infracore, is a South Korean company that manufactures construction equipment and engine. It is one of the largest construction equipment manufacturers by sales revenue. Doosan Infracore was acquired by Hyundai Heavy Industries Group in 2021. History Daewoo Heavy Industries Daewoo Heavy Industries was founded in 1937 as Chosun Machine Works when Korea was under Japanese rule. After Japan's withdrawal from Korea, the company was nationalized by the government and was transformed into a public company in 1963 as Hankook Machine Industrial. In 1969, Hankook Machine was privatized after being sold to Shinjin Group. In 1975, the company began producing diesel engines with financial support from the German government and technical collaboration with MAN SE. However, the company was financially strapped due to the lack of domestic demand and unstable direction, and Shinjin had to sell the company back to a government-cont ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ...
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Moxy Engineering
Moxy Engineering is a Norwegian manufacturer of articulated haulers (dump trucks) for off-road use in the earth moving and construction industries. Moxy was founded by the industrialist Birger Hatlebakk, who had previously founded the Glamox factory in Molde. History Moxy built the first prototype dump truck in 1970. The first model was a heavy duty dump truck drawn by a powerful tractor with rear wheels driven by hydraulic motors. The next version, an articulated dump truck driven by a Scania diesel engine, D20, was also finished in 1970. The first prototypes were built in Molde, but then the company moved to Varhol by Elnesvågen in Fræna municipality, where a new factory was built. About the same time Moxy acquired Gjøvik based company Øveraasen Motorfabrikk & Mekaniske Verksted, which provided Moxy with useful engineering technology. In 1972 Moxy marketed its first articulated dump truck, the Viking D15, which used a bogie under the dump box and six wheel drive. The ...
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Articulated Hauler
An articulated hauler, articulated dump truck (ADT), or sometimes a dump hauler, is a very large heavy-duty type of dump truck used to transport loads over rough terrain, and occasionally on public roads. The vehicle usually has all-wheel drive and consists of two basic units: the front section, generally called the tractor, and the rear section that contains the dump body, called the hauler or trailer section. Steering is made by pivoting the front in relation to the back by hydraulic rams. This way, all wheels follow the same path, making it an excellent off-road vehicle. Manufacturers include Volvo CE, Caterpillar, Terex, John Deere/ Bell Equipment, Moxy/ Doosan and Komatsu Limited. With half of the global sales, Volvo is the market leader in the segment, and is also the prime pioneer of the vehicle, enabling its introduction to the markets in 1966. Although first envisioned as a soil and aggregate transporter (dumper), the chassis have since been used for many other applica ...
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Yonhap News Agency
Yonhap News Agency is a major South Korean news agency. It is based in Seoul, South Korea. Yonhap provides news articles, pictures and other information to newspapers, TV networks and other media in South Korea. History Yonhap (, , translit. ''Yeonhap''; meaning "united" in Korean) was established on 19 December 1980, through the merger of Hapdong News Agency and Orient Press. The Hapdong News Agency itself emerged in late 1945 out of the short-lived Kukje News, which had operated for two months out of the office of the Domei, the former Japanese news agency that had functioned in Korea during the Japanese colonial era. In 1999 Yonhap took over the Naewoe News Agency. Naewoe was a South Korea government-affiliated organization, created in the mid 1970s, and tasked with publishing information and analysis on North Korea from a South Korean perspective through books and journals. Naewoe was known to have close links with South Korea's intelligence agency, and according to the B ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ...
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Ingersoll Rand
Ingersoll Rand is an American multinational company that provides flow creation and industrial products. The company was formed in February 2020 through the spinoff of the industrial segment of Ingersoll-Randplc (now known as Trane Technologies) and its merger with Gardner Denver. Its products are sold under more than 40 brands across all major global markets. Based in Davidson, North Carolina, Ingersoll Rand operates in two segments: Industrial Technologies and Services and Precision and Science Technologies. History History of Ingersoll Rand Simon Ingersoll founded Ingersoll Rock Drill Company in 1871 in New York, and in 1888, it combined with Sergeant Drill to form Ingersoll Sergeant Drill Company. The Ingersoll Sergeant Drill Company introduced the world's first direct-connected, electronic motor-driven compressor. Also in 1871, brothers Addison Rand and Jasper Rand, Jr. established Rand Drill Company with its main manufacturing plant in Tarrytown, New York. Rand drills ...
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Bobcat Company
Bobcat Company is an American-based manufacturer of farm and construction equipment. Its American headquarters is in West Fargo, North Dakota, formerly in Gwinner, North Dakota. Its European headquarters moved in 2017 from Waterloo, Belgium, to Dobříš, Czech Republic (where Bobcat operates one of its European manufacturing plants). It was a subsidiary of the Ingersoll Rand Company from 1995 until July 2007, when it was sold for US$4.9 billion to Doosan Infracore. The company sells skid steer loaders, compact excavators, side-by-sides, compact tractors, and other small hydraulic equipment under the Bobcat brand name. It is one of the few major manufacturing companies operating in North Dakota. History In the 1950s, Louis and Cyril Keller operated Keller Welding and Repair near Rothsay, Minnesota. In 1956, Eddie Velo, a turkey farmer in the area, described to the Kellers a need for a machine small enough to maneuver inside a pole barn and light enough to operate on its ...
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Yantai
Yantai, Postal Map Romanization, formerly romanization of Chinese, known as Chefoo, is a coastal prefecture-level city on the Shandong Peninsula in northeastern Shandong province of People's Republic of China. Lying on the southern coast of the Bohai Strait, Yantai borders Qingdao on the southwest and Weihai on the east, with sea access to both the Bohai Sea (via the Laizhou Bay and the Bohai Strait) and the Yellow Sea (from both north and south sides of the Shandong Peninsula). It is the largest fishing industry in China, fishing seaport in Shandong. Its population was 6,968,202 during the 2010 Chinese census, 2010 census, of whom 2,227,733 lived in the built-up area made up of the 4 district (China), urban districts of Zhifu District, Zhifu, Muping District, Muping, Fushan District, Fushan and Laishan District, Laishan. Names The name Yantai (."Smoke Chinese pagoda, Tower") derives from the watchtowers constructed on in 1398 under the reign of the Hongwu Emperor of t ...
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The Korea Times
''The Korea Times'' is the oldest of three English-language newspapers published daily in South Korea. It is a sister paper of the ''Hankook Ilbo'', a major Korean language daily; both are owned by Dongwha Enterprise, a wood-based manufacturer. Since the late 1950s, it had been published by the Hankook Ilbo Media Group, but following an embezzlement scandal in 2013–2014 it was sold to Dongwha Group, which also acquired ''Hankook Ilbo''. The president-publisher of ''The Korea Times'' is Oh Young-jin. Former Korean President Kim Dae-jung famously taught himself English by reading ''The Korea Times''. Newspaper headquarters The newspaper's headquarters is located in the same building with ''Hankook Ilbo'' on Sejong-daero between Sungnyemun and Seoul Station in Seoul, South Korea. The publication also hosts major operations in New York City and Los Angeles. History ''The Korea Times'' was founded by Helen Kim five months into the 1950-53 Korean War. The first issue on November ...
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Wheel Loader
A loader is a heavy equipment machine used in construction to move or load materials such as soil, rock, sand, demolition debris, etc. into or onto another type of machinery (such as a dump truck, conveyor belt, feed-hopper, or railroad car). There are many types of loader, which, depending on design and application, are variously called a bucket loader, front loader, front-end loader, payloader, high lift, scoop, shovel, skip loader, wheel loader, or skid-steer. Description A loader is a type of tractor, usually wheeled, sometimes on tracks, that has a front-mounted wide bucket connected to the end of two booms (arms) to scoop up loose material from the ground, such as dirt, sand or gravel, and move it from one place to another without pushing the material across the ground. A loader is commonly used to move a stockpiled material from ground level and deposit it into an awaiting dump truck or into an open trench excavation. The loader assembly may be a removable attachme ...
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Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a " Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherid ...
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