VIDEO: Growth maintained for top 50 manufacturers
By Chris Sleight14 April 2009
Although the top three manufacturers - Caterpillar, Komatsu and Terex - remained in the same positions they have held for the last five years, Hitachi jumped two places over Volvo and Liebherr to no. 4. One of the key reasons for this is the appreciation of the Yen last year, up from an arguably artificially low level.
Other climbers included Sandvik Mining & Construction, which climbed up the top 10, overtaking John Deere, while Atlas Copco made it into the top 10 for the first time, replacing JCB.
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