One might argue the pyramid manufacturers have evolved in
the shape of this industry, from mere slaves carrying 1000 kg of stones on
their backs towards becoming economic powerhouses of contemporary times,
sitting in giant machinery and reshaping the world towards evolution. The
construction and mining equipment industry consists of, the most notable of
which are Caterpillar (CAT), Deere &
Company (DE), Terex Corporation (TEX), Vermeer Manufacturing Company, Melroe
Company etc. In addition of this industry is the group formed in 2003 known as
The construction and mining equipment industry group (CMEIG). This is an
organization formed on non-profit basis for issues that impact the delivery of
the business. This group is formed to bring in additional improvements for each
business related to the industry in Australia. Most of the major manufacturers
around the globe are associated with this group. The main aspects which the
group deals with are importers and producers, wholesalers, distributors/dealers
and service providers. This group aims to provide quality standards, education
and training and management of statistics of the industry.
Moving on, let us have a look at Caterpillar which is a
construction powerhouse as well as a provider of construction machinery. It has
further expanded its production portfolio towards being an insurance provider
as well as being a seller of financial products. Deere & Company is one of
the largest producers and providers of farm or rather agricultural machines.
They produce harvesters (cotton & combine both), tractors, fertilizers,
planters and balers. They also supply diesel engines and forestry equipment as
it is also a supplier of construction equipment. Terex Corporation is a US
based company which specializes in the manufacture of shipping, mining,
infrastructure, recycling and construction. The company includes 50 facilities
all around America, Asia, Australia and Europe. Its productive potential is
expanded in more than 168 countries all around the globe. Henceforth, it is
fair to brand these companies as powerhouses around the globe. To learn more
and have a clean and closer look at these powerhouses, visit Bidness ETC.
As far as the construction and mining opportunities are
concerned for potential wealthy investors in the industry. The middle-east
especially the Kingdom of Saudi Arabia (KSA) may provide opportunities as the
country earns heavily through tourism (tourism being the second largest
industry which contributes to the country’s GDP) which means that hotel
construction as well as shopping plazas and restaurants in the region may
provide the investor with hefty returns on investment. Similarly Dubai is known
for its tourism industry, the same can be said about that region. Lastly is
Bahrain, a beautiful Island along the coast of the Arabian Peninsula provides
for a viable recreational destination in terms of a vacation. Investment in the
region especially considering Bahrain’s exchange rate would be monumental providing
for equally fruitful results.
Then, there are regions which are a hot place to invest in
as far as the agricultural market is concerned. Regions such as Pakistan, in
which two-thirds of the country’s land is fertile and excellent for
agriculture. Firms such as Deere & Company can invest in this region even
though the exchange rate of Pakistan to that of the US is a 100% depreciated
figure, however, this serves as welcoming news for potential wealthy investors
who are looking for efficient production strategies. The region may provide
with higher quality goods at lower costs only to be sold in accordance to their
quality in the investor’s own region.
Similarly, the last but not the least includes include the
States itself as regions such as Las Vegas, Miami, Hawaii and Los Angeles who
provide for recreational hubs for the general populace to come in for their
vacations as well as party habits. These companies although a lot has already
been invested in the region, can still innovate their productive portfolio in
the region and increase their productive potential. In addition, it is the
region of Brazil in which is placed the global phenomenon known as the FIFA
World Cup 2014 in the summers and this provides for a perfect investment
platform for the ultimate investment opportunist. The world is full of
opportunities as far as the construction and farm equipment manufacturing
industry is concerned.
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