Forklift Accident Lands One Man in Hospital, Another in Jail

A forklift accident at a Minnesota equipment testing company resulted in one worker suffering severe injuries and a second being arrested on alcohol-related charges. The incident occurred Monday, October 20, at MTS, a company that creates equipment for mechanical testing and simulation that is located in Eden Prairie, Minnesota. When police arrived on the scene, … Read more

World’s Largest Materials Handling Company Gobbles Up NZ Tech Firm

Daifuku, the world’s largest materials handling companies, announced that it is buying an 80% stake in one of its biggest competitors in the airport baggage handling systems industry: BCS Group, New Zealand’s 11th largest tech firm. Daifuku — which is headquartered in Osaka, Japan, and has an annual turnover of $2.3 billion — reportedly wants … Read more

US Investment Firm Bails Out World’s Largest Mining Drill Maker

Boart Longyear, world’s biggest provider of drilling equipment and services, had been hit hard by the recent global slowdown in mining. The company — which is based in Utah but whose stock is traded on the Australian exchange — has been teetering on the brink due to mining companies slashing their exploration spending due to … Read more