Heavy industry

Heavy industry is industry that involves one or more characteristics such as large and heavy products; large and heavy equipment and facilities (such as heavy equipment, large machine tools, and huge buildings); or complex or numerous processes. Because of those factors, heavy industry often involves higher capital intensity than light industry does, and it is also often more heavily cyclical in investment and employment.

Traditional examples from the mid-19th century through the early 20th included steelmaking, artillery production, locomotive erection, machine tool building, and the heavier types of mining. From the late 19th century through the mid-20th, as the chemical industry and electrical industry developed, they involved components of both heavy industry and light industry, which was soon also true for the automotive industry and the aircraft industry. Modern shipbuilding (since steel replaced wood) is considered heavy industry. In the post–World War II era, construction of large systems, such as skyscrapers, large dams, and large rockets, is also often classed as heavy industry.

Latest News for: Heavy industry

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Providence City Council approves amendments to Comprehensive Plan

The Brown Daily Herald 22 Oct 2024
In a press release, the City Council said Providence’s port area has “been used as de facto dumping ground by heavy industry,” which has affected “the city’s most economically disadvantaged communities” and stifled the city’s attempts to reduce fossil fuel emissions....
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Korea's finance minister assumes chairmanship of next year's APEC meeting

Korea Times 22 Oct 2024
Finance Minister Choi Sang-mok, center, speaking during the Asia-Pacific Economic Cooperation Finance Ministers' Meeting in Lima, Peru, Oct. 22. Courtesy of Finance Ministry ... In Lima, he met with South Korean companies operating in the South American nation, including Samsung Electronics Co., POSCO International, HD Hyundai Heavy Industries Co ... ....
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The Legacy of Ratan Tata (1937–2024)

Dawn 22 Oct 2024
The demise of industrialist Ratan Naval Tata at the age of 86, chairman emeritus of the $100 billion conglomerate, the Tata Group, signifies the end of an era for the business world. Tata was one of India’s most internationally recognised business leaders ... But he was a titan nonetheless ... His focus was more on brands and less on heavy industries ... ....
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KP government urged to withdraw cess on export

The News International 21 Oct 2024
The SCCI SVP said that business and industry in Khyber Pakhtunkhwa have already come to a standstill position due to imposition of heavy taxes.Jalil Jan said after the collection of 2 per cent cess on export by provincial government, the businesses and industry would be completely packing up in the province....
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Soft Sails to be Studied by Orix and Sumitomo in Bulker Demonstration

The Maritime Executive 21 Oct 2024
In a new project, Japan’s Orix Corporation working with Sumitomo Heavy Industries plans to study the feasibility and conduct a demonstration using soft sails to provide wind-assisted propulsion on a larger bulker ... Sumitomo Heavy Industries and North Sails Japan will handle ......
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Japan, U.K. and Italy to expedite next-generation fighter jet to replace F-2s and Eurofighter Typhoons

Asahi News 21 Oct 2024
Several private sector companies, including Japan’s Mitsubishi Heavy Industries, Britain’s BAE Systems PLC and Italy’s Leonardo, are taking part in the project ... Mitsubishi Heavy and their U.K ... will be meaningful for Japanese suppliers and for the country’s industrial base....
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Japan, UK, Italy to boost fighter jet project

Arkansas Democrat-Gazette 21 Oct 2024
Several private sector companies, including Japan's Mitsubishi Heavy Industries, Britain's BAE Systems PLC and Italy's Leonardo, are taking part in the project ... Mitsubishi Heavy and their U.K ... will be meaningful for Japanese suppliers and for the country's industrial base....
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Hamriyah Free Zone ranked second best free zone globally

Beijing News 21 Oct 2024
Highly Commended Industrial Free Zone - Middle East and Highly Commended Industrial Free Zone - Globally ... Al Mazrouei added, "The awards won by the Free Zone mirrors the growing global recognition of Sharjah and its free zones as key players in the industrial world and leading destinations for specialised heavy industries....
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Elon Musk and Brian Armstrong boost John Deaton’s bid to dethrone Elizabeth Warren in Massachusetts

Cryptoslate 21 Oct 2024
He criticized Warren for her role in appointing Gary Gensler as SEC Chair and accused her of supporting efforts to dismantle the crypto industry in the US ...Crypto holders in MA should realize Sen Warren is the one who got Gary Gensler his job and encouraged him to (unlawfully) try and kill the crypto industry in America..”....
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Cido orders ammonia carrier brace

Splash24/7 21 Oct 2024
South Korea’s HD Hyundai Heavy Industries has won an order from compatriot Cido Shipping for two ......
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Safety milestone.

Manila Standard 21 Oct 2024
Key contributors to this achievement include the company’s project for ......
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Ukraine’s ferroalloy industry exported 59.3 thousand tons of products in January-September

GMK Center 21 Oct 2024
In January-September 2024, Ukraine’s ferroalloy industry reduced exports by ... At the same time, Ukraine’s heavy industry is facing many challenges, including a decline in demand for products, problems with energy supply, a shortage of personnel due to mobilization, etc....
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MeitY, MHI jointly call for proposals from industry/ academia to develop EV sub-systems

Business Line 21 Oct 2024
The Ministry of Electronics and Information Technology (MeitY) in collaboration with the Ministry of Heavy Industries (MHI) on Monday launched a ‘Joint Call for proposals’ for the ......

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