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


Pacific Drilling to appeal $320m arbitration award

Splash24/7 12 Feb 2020
Last month, an arbitration tribunal in London ordered the company to pay $320m to Samsung Heavy Industries for cancelling a drillship order....

Ferocious storm in Europe kills 8, causes travel disruptions

The Oklahoman 12 Feb 2020
BERLIN — Ferocious winds, with gusts over 125 mph, lashed Corsica and whipped up a forest fire that flared overnight on the French Mediterranean island on Tuesday, after a storm with hurricane-force winds and heavy rains battered northern Europe for days, killing at least eight people and causing severe travel disruptions....

Samsung Wins Technological Breakthrough Award

This Day 12 Feb 2020
Samsung Heavy Industries Nigeria (SHIN) was honoured with the “Award for Technological Breakthrough” at the Nigeria International Petroleum Summit (NIPS) ... Winning the technological breakthrough award is important not only to Samsung Heavy Industries Nigeria but for the nation of Nigeria....

Chinese president promises aid to industries hurt by virus

The Oklahoman 12 Feb 2020
The measures have disrupted travel and other industries. Some businesses are beginning to reopen but many face heavy losses....

Global Flexible AC Transmission Systems Market Drivers & Restraints, 2018-2028 - ResearchAndMarkets.com

The Oklahoman 12 Feb 2020
The "Global Flexible AC Transmission Systems (FACTS) Market Analysis & Trends - Industry Forcast to 2028" report has been added to ResearchAndMarkets.com's offering ... The study presents detailed market analysis with inputs derived from industry professionals across the value chain ... 3.4 Industry Attractiveness ... 13.12 Hyosung Heavy Industries....

Pacific Drilling to appeal $320 million arbitration award to Samsung Heavy

Offshore Energy Today 12 Feb 2020
Pacific Drilling has filed an application with the High Court in London for leave to appeal the decision issued in arbitration proceedings with Samsung Heavy Industries (SHI) regarding the.. ... ....

Study on Digital China in 2020 - The Government is Fostering Key Technologies Like 5G ...

The Marshall News Messenger 12 Feb 2020
Once a follower, digital China is now a world leader in given industries. Persistent and heavy investment in R&D of the latest technologies has laid the foundations of this exciting prodigy ... INDUSTRY KEYWORD....

Greek State Will Take Control of Hellenikon When Licenses Expire

The National Herald 12 Feb 2020
“The strengthening of tourism, which is the country’s ‘heavy industry,’ has been the strategic objective of the minister in the negotiations, which was a real case study for gaming theory,” a source who wasn’t identified told the paper ... ....

As coronavirus stifles China, economic logjams build worldwide

The Times of India 12 Feb 2020
The woes of the commodities markets -- arguably the worst-performing asset in financial markets this year -- reflect the basic reality that China’s industry-heavy economy is the most important consumer of raw materials on Earth ... The slowdown will be most pronounced in the industrial sector....

Greek government holds on to Elliniko jewels

Kathimerini 12 Feb 2020
“The strengthening of tourism, which is the country’s ‘heavy industry,’ has been the strategic objective of the minister in the negotiations, which was a real case study for gaming theory,” says a source who participated in the process ... ....

Global Semi-trailer Market to Exceed Valuation of US$24 bn by 2026, Demand From Road Freight From Heavy Industry Drive Sales, Concludes a TMR Study

PR Newswire 12 Feb 2020
According to a study by Transparency Market Research, growing demand for long-distance trucks in heavy industries will key to propelling the sales of semi-trailers ... Food & Beverages Oil & Gas Textile Industry Others Region North America Latin America Europe Asia Pacific....

E-Verify bill clears first Florida Senate hurdle (but there’s a long way to go)

Tampabay 12 Feb 2020
David Simmons, which carve out casual laborers, independent contractors and the agriculture industry, a large political donor and powerful lobby in Florida ... Dickinson, who is based in Miami, slammed the proposal as anti-business and spoke of the heavy impact his industry would face ... Like other hospitality industry jobs across the state, U.S....

Heavy-duty Trucks Market in Europe 2019-2023| Evolving Opportunities with AB Volvo and CNH Industrial | Technavio

Odessa American 11 Feb 2020
The heavy-duty (HD) trucks market in Europe is poised to grow by 60.36 thousand units during 2019-2023, progressing at a CAGR of about 3% during the forecast period ... https.//www.technavio.com/report/heavy-duty-trucks-market-in-europe-industry-analysis ... Major Five Heavy-duty Trucks Market Companies in Europe. ... CNH Industrial ... INDUSTRY KEYWORD....