Reports indicate that Sumitomo (S.H.I.) Construction Machinery Co. is expanding its exports of hydraulic excavators. The expansion is intended to keep pace with sales in Europe, the U.S. and China. In Europe, CNH Global NV is expanding its distributor network and has increased the number of units imported finm Sumitomo by 40 percent to 1400 [...]

Japan’s shipments of construction machinery may rise 9 percent to a third straight annual record next fiscal year as building and mining booms in Asia drive demand for earthmovers built by Komatsu Ltd. and its rivals. Shipments of excavators, tractors, cranes and other construction machinery may climb to 2.6 trillion yen ($24 billion) in the [...]