Heavy construction equipment are used for various purposes in large projects. Selection of different types of heavy equipment depends on the size of the work and economy of the project. These make construction process easier and faster. Different types of heavy equipment commonly used in the construction are as follows
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Gross Margin Comment Construction amp; Mining Machinery Industry experienced contraction in Gross Profit by 13.21 % and Revenue by 8.73 %, while Gross Margin fell to 25.42 % below Industry's average Gross Margin. On the trailing twelve months basis gross margin in 4 Q 2019 fell to 28.1 %. Within Capital Goods sector 2 other industries have achieved higher gross margin.
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