Equipment companies: 2nd quarter sales up

|  July 22, 2011 |

Construction equipment manufacturers are reporting 2nd quarter sales and revenues increases:

Caterpillar: Sales and revenues are up 37 percent from a year ago. Excluding the impact of the firm’s recent $8.8 billion buy of Bucyrus International, the company has raised expectations for 2011 to $54 to $56 billion of worldwide sales and revenues.

Terex: Sales during the quarter increased about 30 percent from the same period in 2010. Terex also made a recent big buy, purchasing Demag Cranes AG.

Volvo: Net sales rose 32 percent. Volvo full-year forecast for the North American market remains unchanged at a projected increase of 25 to 35 percent.

Do you want some tips to stay safe on the job site?

Equipment World has created an entire section devoted to safety.

Click here to check it out. »


Here are the most recent tips we've posted:

Hauling headaches: Know your load limits when trailering equipment

One-man machines: The operator should be the only person on a wheel loader