CONSTRUCTION & MINING MACHINERY
Global Market ($ million): N/A
U.S. Industry Revenue ($ million): $26,900
Employees: 105,000,000
Companies: 1,200
U.S. Exports ($ million): $23,700
U.S. Imports ($ million): $14,800
Top 5 U.S. Companies
 | Caterpillar, Inc. (Peoria, IL) (world’s largest manufacturers of construction machinery) |
| Deere and Company (Moline, IL) |
| Terex, Inc. (Westport, CT) |
| Manitowoc Crane Group (Manitowoc, WI) |
| Joy Global, Inc. (Milwaukee, WI) (one of the world’s largest manufacturers of underground mining machinery) |
Top 5 Foreign Companies
| Komatsu (Japan) |
| Fiat (Italy) |
| Volvo (Sweden) |
| Liebherr (Germany) |
| Hitachi Construction Machinery (Japan) |
Top 5 International Markets
| Canada |
| Australia |
| China |
| Mexico |
| Europe |
Top 5 International Issues
| Elimination of Tariffs Worldwide |
| China market access issues including currency valuation, enforcement of intellectual property protection, greater reliance on market-based principles |
| Foreign laws and regulations limiting market access |
| Availability of financing at competitive rates for infrastructure development |
| Standardization of environmental and safety standards |
Top 4 Domestic Competitiveness Issues
| Tax reform |
| Energy costs |
| Innovation and workforce development |
| Congressional enactment of the “highway bill” |
Updated 5/2009
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