COMPANY·HISTORIES
NAIC 333131

Mining Machinery and Equipment Manufacturing

How the companies in this industry began, and the forces that shaped them.

20companies1864–1999founding years20still active0no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironmentHistory
FoundedDeutz AGFoundedDeutz AG
1864
FoundedSandvik ABFoundedSandvik AB
1868
FoundedAtlas Copco ABFoundedAtlas Copco AB
1873
FoundedFLSmidth & Co. A/SFoundedFLSmidth & Co. A/S
1882
FoundedHarnischfeger Industries, Inc.
1884
1903
TechnologyThe Wright brothers achieve powered flight.
1914
EconomyWorld War I begins; global trade reorders.
FoundedKomatsu Ltd.FoundedKomatsu Ltd.
1921
FoundedCaterpillar Inc.FoundedCaterpillar Inc.
1925
1929
EconomyThe stock market crashes; the Great Depression spreads worldwide.
FoundedKennametal Inc.FoundedKennametal Inc.
1938
1939
EconomyWorld War II begins; wartime production surges.
1945
EconomyThe war ends; a long global expansion begins.
1947
TechnologyThe transistor is invented.
FoundedLiebherr-International AGFoundedLiebherr-International AG
1949
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
1971
EconomyThe dollar leaves the gold standard; currencies float.
1973
EconomyThe OPEC oil embargo triggers a global shock.
1975
TechnologyThe personal-computer era begins.
1979
EconomyA second oil crisis drives inflation higher worldwide.
1981
TechnologyThe IBM PC launches and sets a standard.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
1987
EconomyBlack Monday: markets fall sharply around the world.
1989
HistoryThe Berlin Wall falls; global markets open up.
1991
TechnologyThe World Wide Web is released to the public.
1993
TechnologyThe Mosaic browser brings the web to everyone.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EconomyThe Asian financial crisis rattles global markets.
EnvironmentThe Kyoto Protocol sets the first climate targets.
FoundedMetso Corporation
1999
2000
EconomyThe dot-com bubble bursts.
2004
TechnologySocial media and Web 2.0 take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2008
EconomyThe global financial crisis freezes credit worldwide.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

Deutz AG →
Active · founded 1864 · Germany
Deutz AG is one of Germany's leading manufacturers of diesel and gas engines for the global market.
Deutz AG →
Active · founded 1864 · Germany
Deutz AG is one of Germany's leading manufacturers of diesel and gas engines for the global market.
Sandvik AB →
Active · founded 1868 · Sweden
Sandvik AB is an industrial engineering group based in Sandviken, Sweden, and trading through an international network…
Sandvik AB →
Active · founded 1868 · Sweden
Sandvik AB is an industrial engineering group based in Sandviken, Sweden, and trading through an international network…
Atlas Copco AB →
Active · founded 1873 · Sweden
Atlas Copco AB is one of the world's leading producers of compressors, mining and construction equipment, power tools,…
Atlas Copco AB →
Active · founded 1873 · Sweden
Atlas Copco AB is one of the world's leading producers of compressors, mining and construction equipment, power tools,…
FLSmidth & Co. A/S →
Active · founded 1882 · Denmark
1920s:The company launches production of ready-mixer concrete and fiber cement.
FLSmidth & Co. A/S →
Active · founded 1882 · Denmark
1920s:The company launches production of ready-mixer concrete and fiber cement.
Harnischfeger Industries, Inc. →
Active · founded 1884
Harnischfeger Industries, Inc.
Harnischfeger Industries, Inc. →
Active · founded 1884
Harnischfeger Industries, Inc.
Komatsu Ltd. →
Active · founded 1921 · Japan
World War II:[fsps*3.5]The company supplies the Japanese navy with antiaircraft artillery shells and bulldozers.
Komatsu Ltd. →
Active · founded 1921 · Japan
World War II:[fsps*3.5]The company supplies the Japanese navy with antiaircraft artillery shells and bulldozers.
Caterpillar Inc. →
Active · founded 1925
Early 1930s:Remaining production in California is shifted to Peoria, where the company's headquarters are also…
Caterpillar Inc. →
Active · founded 1925
Early 1930s:Remaining production in California is shifted to Peoria, where the company's headquarters are also…
Kennametal Inc. →
Active · founded 1938
Kennametal Inc.
Kennametal Inc. →
Active · founded 1938
Kennametal Inc.
Liebherr-International AG →
Active · founded 1949 · Switzerland
1950s:Liebherr starts making household refrigerators.
Liebherr-International AG →
Active · founded 1949 · Switzerland
1950s:Liebherr starts making household refrigerators.
Metso Corporation →
Active · founded 1999 · Finland
Metso Corporation, a leading worldwide manufacturer of forestry, pulping, and paper machinery, is the product of the…
Metso Corporation →
Active · founded 1999 · Finland
Metso Corporation, a leading worldwide manufacturer of forestry, pulping, and paper machinery, is the product of the…
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