More From heavy equipment manufacturers

Volvo CE doubles operating income in 2015 despite sales decline

Volvo CE doubles operating income in 2015 despite sales...

Posted by Wayne Grayson on Feb 09, 2016

Despite a decrease in sales during 2015, Volvo Construction Equipment managed a huge improvement in operating income for the year ...

Caterpillar to close 5 more plants, cut 670 jobs as part of cost reduction plan

Caterpillar to close 5 more plants, cut 670 jobs as...

Posted by Wayne Grayson on Feb 01, 2016

As part of the company's cost reduction plan introduced in the Fall of last year, Caterpillar has announced its latest round ...

Judge throws out ICP’s antitrust suit against Caterpillar, Komatsu and Volvo CE

Judge throws out ICP’s antitrust suit against...

Posted by Wayne Grayson on Jan 25, 2016

A lawsuit filed against three of the largest manufacturers of construction equipment alleging that they worked together to limit competition from ...

Johnson to replace Rapp as president of Caterpillar’s Resource Industries group

Johnson to replace Rapp as president of...

Posted by Wayne Grayson on Jan 15, 2016

The Caterpillar board of directors has elected Denise Johnson as the next group president for Resource Industries. Johnson will replace Ed ...

Kobelco construction, crane businesses to merge

Kobelco construction, crane businesses to merge

Posted by Marcia Gruver Doyle on Dec 22, 2015

Parent Kobe Steel has announced that its Kobelco Construction Machinery and Kobelco Cranes subsidiaries will merge, effective April 1. The Kobelco ...

John Deere profits fall 40% in 2015; will cut 220 workers in Moline as low equipment demand is expected to continue

John Deere profits fall 40% in 2015; will cut 220...

Posted by Wayne Grayson on Dec 01, 2015

With decreased demand for both agriculture and construction equipment impacting the company, John Deere saw massive decreases in both profit and sales ...

CNH Industrial sales drop 24% in 3Q as company posts $128 million loss

CNH Industrial sales drop 24% in 3Q as company posts...

Posted by Wayne Grayson on Oct 29, 2015

Across the board declines continued for CNH Industrial in the third quarter, leading the company to decrease its sales forecast ...

Thousands of Caterpillar employees take early retirement as cuts continue

Thousands of Caterpillar employees take early...

Posted by Wayne Grayson on Oct 28, 2015

As Caterpillar begins its extensive workforce cuts around the world, thousands of employees have decided to take an offer of early ...

Terex profit falls 24% in 3Q as sales slip across divisions

Terex profit falls 24% in 3Q as sales slip across...

Posted by Wayne Grayson on Oct 27, 2015

Citing a marketplace that "remains challenging," Terex announced another down quarter for the year, with its Aerial Work Platforms division continuing ...

Caterpillar CEO voices confidence in strength of key industries despite 64% profit decline in 3Q

Caterpillar CEO voices confidence in strength of key...

Posted by Wayne Grayson on Oct 23, 2015

After preparing everyone last month for the likelihood of continued bad news on the financial front with the launch of ...

Architectural renderings illustrate the new front entrance to the Bobcat and Doosan facility. The expansion to the existing facility will help accommodate growth, drive innovation and improve operations.

Bobcat, Doosan break ground on $9.5 million expansion...

Posted by Wayne Grayson on Aug 19, 2015

Company executives and a fleet of Bobcat buckets recently broke ground on a $9.5 million expansion of the Bobcat/Doosan North ...

Liebherr celebrates distribution evolution, Manitou launches new website and more in the latest Dealer and Manufacturing Roundup

Liebherr celebrates distribution evolution, Manitou...

Posted by Angela Thomas on Jul 31, 2015

Applied Machinery expands with new office location Applied Machinery Sales is expanding with a new office location in Rock Hill, South ...

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