PARKSTON, SD—MDS Manufacturing Co., a manufacturer of attachments for small tractors, is expanding its assembly operations here. The company plans to add 15 to 20 jobs.
EL SEGUNDO, CA—The worldwide market for industrial machinery will reach $1.6 trillion this year, up from $1.5 trillion in 2013. This represents annual growth of 6.3 percent, more than twice the 2.9 percent increase seen in 2013. Strong growth is forecast to continue for the next four years, with revenue rising to $2 trillion by 2018.
BOGART, GA—Caterpillar is planning to hire 100 more workers for its new assembly plant here. Caterpillar is seeking welders, assemblers and other workers as it prepares to start making small tractors and add a second shift to build mini-hydraulic excavators.
These days, manufacturers of all stripes are taking a closer at their energy consumption as a potential source of cost savings—even manufacturers of the largest, most expensive products in the world.
OKLAHOMA CITY—Baker-Hughes Oilfield Operations Inc. is set to open a new manufacturing center here that will create 475 jobs over the next five years. The company plans to invest between $128 million and $150 million on the facility, which will be among company’s first to incorporate high-tech robotics.
FOREST CITY, NC—Team Air Inc., a manufacturer of commercial and industrial HVAC equipment, is investing $4.2 million to build a new assembly plant here. The facility is expected to employ 70.