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	<title>Stock Blog Hub &#187; Terex Corp.</title>
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		<title>(HON) Industrial Production Capacity is Comming Back</title>
		<link>http://www.stockbloghub.com/2009/09/16/hon-industrial-production-capacity-is-comming-back/15375</link>
		<comments>http://www.stockbloghub.com/2009/09/16/hon-industrial-production-capacity-is-comming-back/15375#comments</comments>
		<pubDate>Wed, 16 Sep 2009 22:22:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Beverages - Brewers]]></category>
		<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[HON]]></category>
		<category><![CDATA[Honeywell International Inc.]]></category>
		<category><![CDATA[Joy Global]]></category>
		<category><![CDATA[JOYG]]></category>
		<category><![CDATA[Terex Corp.]]></category>
		<category><![CDATA[TEX]]></category>

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		<description><![CDATA[In August, industrial production rose 0.8% from July, and the July increase was revised from a gain of 0.5% to a gain of 1.0%. In manufacturing, production was up 0.6% following an upwardly revised gain of 1.4% in July (was 1.0%). Output at the country’s mines rose 0.5% following a 0.6% gain in July. Utility output, which can be affected as much by the weather as by economic activity, rose 1.9% in August following a 1.6% decline in July. These increases are a big turnaround from what we had been seeing. On a year-over-year basis, total industrial production is still down 10.7%, with manufacturing down 12.2% and mining down 10.5%. Utility output is basically unchanged on a year-over-year basis, down only 0.1%. Having two back-to-back gains in industrial production is highly significant, ]]></description>
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		<title>(CAT) Weak Outlook for German Machinery</title>
		<link>http://www.stockbloghub.com/2009/09/08/cat-weak-outlook-for-german-machinery/14649</link>
		<comments>http://www.stockbloghub.com/2009/09/08/cat-weak-outlook-for-german-machinery/14649#comments</comments>
		<pubDate>Wed, 09 Sep 2009 00:35:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Farm & Construction Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[CAT]]></category>
		<category><![CDATA[Caterpillar Inc.]]></category>
		<category><![CDATA[Ingersoll-Rand Company Ltd.]]></category>
		<category><![CDATA[IR]]></category>
		<category><![CDATA[Terex Corp.]]></category>
		<category><![CDATA[TEX]]></category>

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		<description><![CDATA[The VDMA Group (an industrial association in Europe, representing small/medium sized companies in the engineering industry) said last week that German machinery producers do not expect an increase in output in 2010. The group said that more than two-thirds of producers in Germany are complaining about lack of orders. The VDMA group forecasts a 20% year-over-year drop in machinery and factory equipment output for 2009 due to weak orders. For 2010, the group forecasts similar production levels as 2009. According to the recent data released by the group, machinery and equipment orders for the month of July fell 43% compared to last year. Domestic demand was down 41%, while international orders declined 44% for the month. The industry’s production capacity stood at just 69% in July. However, Germany, the world’s ]]></description>
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		<title>(CAT) Caterpillar &amp; Terex Win Defense Logistic Agency Deals</title>
		<link>http://www.stockbloghub.com/2009/08/28/cat-caterpillar-terex-win-defense-logistic-agency-deals/13825</link>
		<comments>http://www.stockbloghub.com/2009/08/28/cat-caterpillar-terex-win-defense-logistic-agency-deals/13825#comments</comments>
		<pubDate>Sat, 29 Aug 2009 00:13:31 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Farm & Construction Machinery]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[CAT]]></category>
		<category><![CDATA[Caterpillar Inc.]]></category>
		<category><![CDATA[Terex Corp.]]></category>
		<category><![CDATA[TEX]]></category>

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		<description><![CDATA[The construction and equipment manufacturers Caterpillar Inc. (CAT) and Terex Corp. (TEX) received contracts from the Defense Logistic Agency this week. The Pentagon announced that Terex received a $5.6 million contract from the agency for a rock crusher jaw plant, while Caterpillar received two contracts, one for providing adverse terrain forklifts and the other for dump trucks. The contracts are worth approximately $14 million and $6 million, respectively. Currently, both companies are experiencing weak demand for their products. Caterpillar reported a year-over-year sales decline of 32%, while Terex’s sales were down 51% during the first half of 2009. Uncertainty surrounding the global economic recovery is leading to low activity levels in the construction, mining and other end markets. This is leading to cancellation or rescheduling of orders in these businesses. ]]></description>
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