Electrical Equipment Heavy Electrical Equipment

  • China's fragmented lift market, with more than 400 original elevator equipment manufacturers, thousands of service companies and intense price pressure, is ripe for consolidation, companies have said. Schindler has had a limited presence in China's eastern Zhejiang province, where Volkslift is based. China's four million existing elevators dwarf the...

  • Odds of a June rate hike? 50/50: WFC economist

    It's pretty much a one-percent economy, says John Silva, Wells Fargo chief economist, providing perspective on the U.S. economy, central bank policies, and the Fed's next step in moving rates.

  • Three farm tractors in a freshly cut cornfield near Visalia, California.

    According to USDA, net farm income is forecast to be $58.3 billion in 2015. That's far worse than the government's February outlook.

  • In a boost to UK manufacturing Siemens will invest millions in a wind plant in Hull, northern England, the Financial Times reports.