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Tag: CEO
Dealers
Ritchie Bros. CEO Fandozzi: Coronavirus has highlighted the blurred lines between online/live auctions
Amid the coronavirus pandemic and social distancing, the live and online equipment auction world are melding together. More from Fandozzi on Equipment World.
May 28, 2020
Dealers
Doosan streamlines custom equipment fulfillment process, offers 4 – 6 week delivery
Doosan Infracore North America has announced a new fulfillment initiative designed to put custom-ordered machines into U.S. and Canadian customers hands more quickly. Under the new delivery process, a dedicated Doosan team at the company’s North American customization plant in Savannah, Georgia will oversee equipment final assembly and inspection. Using this process, Doosan machines could […]
February 26, 2020
Dealers
Carter Machinery buys fellow Cat dealer Alban Tractor, expanding mid-Atlantic presence
Cat dealer Carter Machinery has bought Baltimore-based Alban Tractor, expanding its territory to include northern Virginia, Washington D.C., Maryland and Delaware. “Carter is enthused about expanding our services to more customers with the same commitment that our Virginia and West Virginia customers have come to rely upon,” says Drew Parker, CEO, Carter Machinery, headquartered in Salem, Virginia. “Alban’s reputation in […]
February 10, 2020
Dealers
United Rentals posts record 3Q revenues driven by strong construction markets
Driven by strong construction markets, United Rentals noted this year's 3Q revenue numbers are the highest of any quarter in the company's history. More here.
October 18, 2019
Construction Equipment
Volvo CE names Scott Equipment dealer for Ark.
Volvo Construction Equipment has named Scott Equipment, headquartered in Monroe, Louisiana, as its dealer in Arkansas, replacing Little Rock, Arkansas-based Hugg & Hall Equipment. To ensure a smooth transition, Scott Equipment will take on Hugg & Hall employees servicing Volvo CE products and services at its four Arkansas locations in Fort Smith, Springdale, Texarkana and […]
October 4, 2019
Dealers
Flour to sell AMECO construction rental unit in effort to gain profitability
Fluor Corporation will sell its AMECO equipment services business along with its government-facing business, according to a report by DallasNews.com. The actions come after the Irving, Texas-based company reported its worst-ever quarterly  performance and replaced its chairman, CEO and chief financial officer. Second quarter results showed the firm “took $714 million in pretax charges from […]
September 27, 2019
Construction Equipment
Barry Ruffalo picked as new CEO for Astec Industries
Barry Ruffalo has been appointed the new president and CEO of Astec Industries, parent company of Roadtec and Carlson Paving. Richard Dorris, who will serve as interim CEO until Ruffalo starts his new job August 12, will return to serving as chief operating officer. Dorris has been interim CEO since January 21 when Benjamin G. […]
July 25, 2019
Dealers
United Rentals 2Q rental revenues up 20.2%; acquisitions of BlueLine, BakerCorp cited
United Rentals attributes much of this rental revenue boost to its acquisitions of BlueLine and BakerCorp. More information here on Equipment World.
July 23, 2019
Dealers
Ritchie Bros.’s CEO to step down; search on for successor
Ritchie Bros. Auctioneers says that Ravi Saligram, CEO and board member, will step down effective October 1 after five years with the company. The company says it is now conducting “a thorough, thoughtful search for Ravi’s successor,” and will consider both internal and external candidates. “Over the past five years, Ravi has led the transformation of […]
July 1, 2019
Construction Equipment
Dolan named CEO of Custom Equipment
Terry Dolan has been named the new president and CEO of Custom Equipment, manufacturer of Hy-Brid Lifts scissor lifts. Dolan previously served as president of Ritchie Bros. Auctioneers U.S. and Latin American business, executive vice president of Generac Power Systems and held leadership positions at Ingersoll Rand and Boart Longyear. He also served in marketing […]
March 20, 2019
Construction Equipment
Manitou debuts Gehl RT105 CTL, discusses dealer, electrification initiatives
Manitou Group calls the new Gehl RT105 an “ultra-compact track loader,” with an overhead clearance of 71.5 inches from the ground to the top of the ROPS, which the company says is industry leading. Speaking at the recent American Rental Association Show, Mark Hanson, CEO, Manitou North America, said that two large rental firms have […]
March 15, 2019
Technology
Volvo CE uses 5G wireless to test remote-controlled, autonomous machines
Volvo Construction Equipment says it has partnered with phone company Telia and communications network giant Ericsson to launch Sweden’s first industrial 5G network at Volvo CE’s facility in Eskilstuna, Sweden. The launch means that Volvo CE will be “one of the first to use 5G technology to test remote-controlled machines and autonomous solutions,” says the […]
March 13, 2019
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