After historic downturn, prospects for global mining on the upswing for equipment manufacturers and suppliers. Every segment of the engine-powered equipment industry is cyclical and companies routinely learn to live with the ups and downs of their particular market swings. Yet over the last four years, what the mining industry suffered through couldn't really be quantified with the usual terms, such as "slowdown," "downturn" or "trough." Starting in 2011, commercial activity for mining equipment started to wane, then plummet and every time it appeared that a floor had finally been reached, the bottom dropped out further.
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