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Caterpillar profit falls 71% in 1Q as energy demand, competitive pressure in construction knock sales

Caterpillar profit falls 71% in 1Q as energy demand,...

Posted by Wayne Grayson on Apr 22, 2016

Though things aren't looking any brighter for Caterpillar on the financial front, chairman and CEO Doug Oberhelman says he is ...

POLL: Do you take advantage of Bonus Depreciation for equipment purchases?

POLL: Do you take advantage of Bonus Depreciation for...

Posted by Equipment World Staff on Mar 10, 2016

With bonus depreciation extended through 2019, we were wondering just how many readers have or planned to take advantage of ...

CNH Industrial sales drop 20% in 2015 as profit is cut in half

CNH Industrial sales drop 20% in 2015 as profit is cut...

Posted by Wayne Grayson on Feb 03, 2016

An expanding European truck market was the lone bright spot in CNH Industrial's full-year earnings report for 2015 as sales across ...

Caterpillar profit fell 43% in 2015; 4Q loss comes as construction, mining sales weaker than expected

Caterpillar profit fell 43% in 2015; 4Q loss comes as...

Posted by Wayne Grayson on Jan 28, 2016

Despite slashing its sales outlook in tandem with an October announcement of a sweeping cost reduction plan, Caterpillar's full-year sales still fell below ...

Heavy equipment dealers: trade skills gap costs industry $2.4 billion a year

Heavy equipment dealers: trade skills gap costs...

Posted by Marcia Gruver Doyle on Jan 21, 2016

Construction equipment dealers are reporting significant shortages in getting skilled help, a lack that is directly impacting their bottom line, ...

Bonus depreciation, Section 179 tax breaks extended, sent to President Obama for signature

Bonus depreciation, Section 179 tax breaks extended,...

Posted by Marcia Gruver Doyle on Dec 18, 2015

Not only did the bonus depreciation and Section 179 tax breaks come through as expected, current legislation Congress just sent ...

Caterpillar to close Kentucky plant, cut 50 jobs

Caterpillar to close Kentucky plant, cut 50 jobs

Posted by Wayne Grayson on Nov 23, 2015

As part of the company's ongoing, extensive cost-cutting plan, Caterpillar announced over the weekend that it would close its Danville, ...

Liebherr expects 2015 sales to top $10 billion; U.S. sales growth at 17.9% for first half

Liebherr expects 2015 sales to top $10 billion; U.S....

Posted by Marcia Gruver Doyle on Nov 10, 2015

Speaking at a press event in England, Stefan Heissler, member of the directorate of Liebherr International, said the privately-held company ...

Vermeer names Ultimate Crew; Holt Cat hits VisionLink milestone; Orion expands & more in the latest Dealer and Manufacturing roundup

Vermeer names Ultimate Crew; Holt Cat hits VisionLink...

Posted by Angela Thomas on Oct 08, 2015

Vermeer names B&T Drainage winner of Ultimate Crew contest B&T Drainage from Marshall, Illinois, was named the winner of the Ultimate Crew Contest ...

What’s your state’s favorite construction machine? The top-selling heavy equipment models and types, state by state

What’s your state’s favorite construction...

Posted by Marcia Gruver Doyle on Sep 09, 2015

Looking at the financed equipment data for the first six months of this year, we thought it would ...

New financed construction equipment sales up 10% in April; used sales slip 1%

New financed construction equipment sales up 10% in...

Posted by Marcia Gruver Doyle on Jun 03, 2015

The total number of financed new units for all construction equipment machine types increased 10 percent compared with March, rising ...

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