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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Machinery sector sees momentum

China Daily 19 Jul 2019
Sany Heavy Industry Co Ltd, based in Changsha, Hunan province, predicted its net profit attributable to shareholders could reach between 6.5 billion yuan ($945 million) and 7 billion yuan, an increase of 92 percent to 107 percent from the same period last year ... Zoomlion Heavy ......
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K’taka loses most favoured investment destination tag

Deccan Herald 19 Jul 2019
According to data available with the Department of Industrial Policy and Promotion ... “There has been an increased demand in the heavy industry like petrochemical. But in Karnataka, we have the technology-heavy industries,” a senior official from the state industries department said....
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Govt ignores call to cut newsprint duty

The Times of India 19 Jul 2019
... levied on newsprint in the Union budget as it would hit the newspaper industry ... Mahtab said “the 10% hike will put heavy burden on the industry which is already paying 5% GST”....
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CCCC and ZPMC set up overseas port jv

Splash24/7 19 Jul 2019
... has entered into an agreement with port equipment manufacturer Shanghai Zhenhua Heavy Industries (ZPMC) to collaborate on port operations....
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S.Korean man dies after setting fire to car near Japanese embassy

People Daily 19 Jul 2019
... South Korean tech industry. Japan's export restriction came in protest against the South Korean top court's rulings that ordered some of Japanese firms, including Nippon Steel and the Mitsubishi Heavy Industries among others, to compensate the South Korean forced labor victims....
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2nd LD Writethru: S.Korean man dies after setting fire to car near Japanese embassy

China.dot.org 19 Jul 2019
... South Korean tech industry. Japan's export restriction came in protest against the South Korean top court's rulings that ordered some of Japanese firms, including Nippon Steel and the Mitsubishi Heavy Industries among others, to compensate the South Korean forced labor victims....
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Nordea: Another Potential Policy Realignment Makes This Stock A 'Hold'

Seeking Alpha 19 Jul 2019
In short, the stocks which previously have been considered excellent dividend and income machines by the Swedish public are now under heavy pressure ... b) Not advisable due to the entire sector being under heavy pressure - in fact, the entire Swedish stock market is currently under fire with industrials reporting some horrible 2Q numbers....
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Japan summons SKorean envoy to protest wartime labor dispute

San Francisco Chronicle 19 Jul 2019
South Korea had until midnight Thursday to respond to Japan's request for a three-nation panel ... Kono urged Seoul to immediately take action to stop the court process, under which the plaintiffs of the lawsuit are preparing to seize assets of the Japanese companies, including Mitsubishi Heavy Industry ... ....
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I-Team: Family Calls For New Safety Regulations After Girl Suffers Brain Injury On Carnival Ride

CBS Sports 19 Jul 2019
It happened last May at the Apple Blossom Festival in Westford ... Ava tells the I-Team she passed out ... Ava told her mom she couldn’t feel her legs ... In 2016, at an Amusement Industry trade show, an upgraded zipper ride car was unveiled that was equipped with a heavy duty safety harness that it says can also be retrofitted on older models ... READ.. ....
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China heavy equipment maker Sany expects profit surge in H1

Sina 18 Jul 2019
SHANGHAI, July 17 (Xinhua) -- China's leading heavy equipment manufacturer Sany Heavy Industry Co., Ltd. forecasted significant profit growth in the first half of 2019 ...  . ....
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Assam tea output may drop 8% on rain, floods

The Times of India 18 Jul 2019
Tea production in Assam is expected to decline 8 per cent this year owing to heavy rainfall and floods, said planters and industry executives ...Heavy rains in July, coupled with floods, will bring down production by 8 per cent ... director, Jayashree Tea & Industries....
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Senate committee to be briefed on CPEC documents shared with IMF

Dawn 18 Jul 2019
The next phase of CPEC includes newer areas like agriculture, industrial development and socio-economic uplift with livelihood projects ... In the next stage, the Chinese are planning to cooperate with Pakistan for setting up of a heavy industry SEZ in Dhabeji (Sindh) and a hi-tech SEZ in Islamabad....
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Manufacturers mired in conflicts with unions

Korea Times 18 Jul 2019
Members of Hyundai Heavy Industries union count ballots from a vote on the union's strike over this year's wage negotiation in Ulsan, Wednesday ... According to the Hyundai Heavy Industries (HHI) union, its members have agreed to go on strike over difficulties surrounding this year's ......
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