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Tag: International Construction Products
Business
Judge throws out ICP’s antitrust suit against Caterpillar, Komatsu and Volvo CE
A lawsuit filed against three of the largest manufacturers of construction equipment alleging that they worked together to limit competition from Chinese manufacturers has been thrown out of federal court. According to a report from the Wall Street Journal, U.S. District Judge Richard Andrews dismissed the lawsuit which was filed by International Construction Products (ICP) nearly one […]
January 25, 2016
Construction Equipment
IronPlanet, Cat Auction Services hold joint auction while awaiting merger; discuss initial moves into market
Still awaiting the completion of its merger announced in December, IronPlanet and Cat Auction Services held their first joint live auction last week in Kissimmee, Florida. We sat down with Jeff Jeter, president of the Americas for IronPlanet to go over how IronPlanet envisions this pending merger moving forward. “Because the deal is not closed […]
February 15, 2015
Business
Antitrust suit alleges Caterpillar, Komatsu and Volvo conspired to bar Chinese construction equipment from U.S. market
International Construction Products has filed an antitrust lawsuit against the three biggest names in construction equipment, accusing them of colluding to limit competition in the U.S. The suit was filed this morning in a U.S. District Court in Wilmington, Delaware, and names Caterpillar, Komatsu America and Volvo Construction Equipment North America as defendants. The suit alleges […]
January 29, 2015
Dealers
Bobcat, Sany add locations, ICP recruits for Lonking in this week’s Dealer News Roundup
Welcome to the Dealer News Roundup, your one-stop shop for all the moves going on inside the heavy equipment distributor industry. We post a new edition just about every week with news on hires, promotions, new locations and expansions. Check back for a new edition every week! Bobcat adds new authorized dealer in Iowa, Wyoming […]
April 4, 2014
Construction Equipment
International Construction Products to offer U.S. contractors comfort zone when buying deep-discount Chinese machines
The Chinese machines are here; why aren’t U.S. contractors buying more of them? The up to 40 percent price differential between these machines and established brands would turn most buyer’s heads, especially since quality issues seem to be diminishing. The answer lies in continuing, if not universal, aftersales uncertainties; it’s all fine to get a […]
March 5, 2014
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