Construction Industry Poll
AEM News
US job numbers show strong growth...
The US economy created 243,000 jobs in December, the highest total for nine months, official figures show.
It's official: Highway Trust Fund will be dry by end of FY 2014...
To no one's surprise in the transportation industry, the federal Highway Trust Fund is on the brink of bankruptcy. The Congressional Budget Office released a report on Jan. 31 that said the pot used for road and bridge construction will indeed by empty by the end of FY 2014.
U.S. Manufacturing Index Reaches Eight-Month High...
Manufacturing in the U.S. rose for the third month in a row, reaching an eight-month high.
Volvo CE annual sales rise...
Volvo Construction Equipment reported full-year net sales of SEK64.9 billion (?7.3 billion), up 21% compared to 2010 amid strong momentum in North American and Asian markets.
Major African infrastructure programme agreed...
The 18th African Union Summit saw African heads of state endorse a major, continent-wide infrastructure programme that will run through to 2040.
Atlas Copco expects demand to weaken...
Swedish equipment manufacturer Atlas Copco reported solid results for 2011, with revenues up 16% year-on-year at SEK81.2 billion (?9.2 billion) and net profit up 31% year-on-year at SEK12.9 billion (?1.5 billion).
Study: Infrastructure spending has double the impact...
A study has found that over two years, one dollar spent on infrastructure construction produces roughly double ($1.92) the initial spending in direct and indirect economic output.
Caterpillar CFO Sees 'Tail Wind' From Demand in U.S., Europe...
Caterpillar Inc. (CAT), the largest construction and mining equipment maker, said the business cycle is in the early stages of a recovery and the company expects to see a "tail wind" from U.S. and European demand.
Wacker Neuson Ends Equipment Manufacturing Contract with Gehl and Mustang...
Effective December 31, 2011, Wacker Neuson just announced today that it ended its long standing agreement with Gehl Corp. on December 31, 2011. Wacker Neuson has been the exclusive manufacturer of Gehl and Mustang branded compact excavators and all wheel steer loaders since 1999. Christopher Barnard, president and CEO of Wacker Neuson Corp. stated:
Full Year: CNH' Sales Up 25%, Profits Double...
CNH Global N.V. today announced financial results for the year ended December 31, 2011.
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