IncFact
Company Profiles: Revenue, Growth, Competition

Agriculture, Construction & Mining Machinery Manufacturing Industry

NAICS: 3331

Contents

.Agriculture, Construction & Mining Machinery Manufacturing Market Share: Largest Companies in the Agriculture, Construction & Mining Machinery Manufacturing Industry

Company HeadquartersRevenue ($ MM)
DEERE (NYSE: DE)Moline, IL100 
NATIONAL OILWELL VARCO (NYSE: NOV)Houston, TX21 
KOMATSU MINING (NYSE: JOY)Milwaukee, WI14 
CROWN EQUIPMENTNew Bremen, OH13 
BUCYRUS INTERNATIONALSouth Milwaukee, WI12 
CASE NEW HOLLAND INDUSTRIALRacine, WI11 
AGCO (NYSE: AGCO)Norcross, GA8 
HEICO HOLDINGWarrenville, IL6 
KOMATSU AMERICARolling Meadows, IL5 
VERMEER MANUFACTURINGPella, IA4 
APERGYThe Woodlands, TX4 
CLARK EQUIPMENTWest Fargo, ND4 


See exact company revenues in this list


This is a list of the largest companies active in the Agriculture, Construction & Mining Machinery Manufacturing industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Agriculture, Construction & Mining Machinery Manufacturing industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.


.Additional Companies Operating in the Agriculture, Construction & Mining Machinery Manufacturing Industry

Company HeadquartersRevenue ($ MM)
EATONBeachwood, OH100 
VOLVO GROUP NORTH AMERICAGreensboro, NC42 
ALTEC INDUSTRIESBirmingham, AL28 
FORUM ENERGY TECHNOLOGIES (NYSE: FET)Houston, TX27 
ASTEC INDUSTRIES (NASDAQ: ASTE)Chattanooga, TN10 
TRI-POINT SERVICESHouston, TX10 
ULTERRA DRILLING TECHNOLOGIESFort Worth, TX6 
TORO (NYSE: TTC)Bloomington, MN3 




.Growth: Fastest Growing Agriculture, Construction & Mining Machinery Manufacturing Companies

A list of competitors in the Agriculture, Construction & Mining Machinery Manufacturing industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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.Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Agriculture, Construction & Mining Machinery Manufacturing businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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. Venture Funding

These Agriculture, Construction & Mining Machinery Manufacturing companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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