O&K Seeks to Become Major Force in US Excavator Market

One of the world’s most successful mining shovel manufacturers believes its name is not very well known in North America, particularly in the United States. And there are plans under way to improve on that. Never mind that it is one of the largest mining shovel manufacturers in the world. Or that the mining division has 800 machines in operation worldwide, 100 of them in the United States. And the company currently holds 30% of market share worldwide and 10% in the United States. Forget about the fact that it has already sold more machines world-wide this year than it did during 1995. None of that is good enough. O&K Mining GmbH Dortmund is the mining division of Germany’s giant O&K Orenstein and Koppel. It is one of three divisions of O&K Orenstein and Koppel AG, a US$1.2-billion company. The other two divisions are construction equipment and escalators. The mining division, though, is one of the company’s most successful.