Q2 2018 News Release

The market for large-scale surface mining equipment continues the recovery/expansion that began in the second half of 2016, but the gains recorded in Q2 2018 slowed substantially from the earlier pace when the markets were recovering from the four-year-long contraction that brought shipments down more than 80% from the levels achieved at the peak of the mining ‘super-cycle’.  On a year-over-year basis, deliveries of trucks, excavating/loading equipment and related mobile mining equipment recorded a 33% gain.