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KHL: Construction equipment revenues down as manufacturers trade places in top 10 rankings

KHL: Construction equipment revenues down as...

Posted by Wayne Grayson on Apr 02, 2015

Caterpillar and Komatsu remain the no. 1 and no. 2 construction equipment manufacturers in the world, respectively, to no surprise ...

Navistar sued by federal government for withholding documents from investigation

Navistar sued by federal government for withholding...

Posted by James Jaillet on Mar 23, 2015

The Securities and Exchange Commission filed in December a lawsuit against Navistar International Corp. claiming the truck and engine maker ...

JCB now building 3CX backhoes in North America, will add 100 workers to new line

JCB now building 3CX backhoes in North America, will...

Posted by Wayne Grayson on Nov 18, 2014

JCB has added the 3CX backhoe to the lineup of machines being made at its North American headquarters in Savannah, ...

Terex sells 51% of ASV to Manitex, resulting in skid steer, compact track loader joint venture

Terex sells 51% of ASV to Manitex, resulting in skid...

Posted by Marcia Gruver Doyle on Nov 04, 2014

Terex is selling 51 percent of ASV to Manitex International, resulting in a joint venture that is 51 percent owned ...

Toro buys BOSS snowplows, salt and sand spreaders

Toro buys BOSS snowplows, salt and sand spreaders

Posted by Marcia Gruver Doyle on Oct 29, 2014

Toro will buy the BOSS business of Northern Star Industries, based in Iron Mountain, Michigan. BOSS makes snowplows, salt and ...

Caterpillar profit up 4% in 2Q despite decline in sales; improves full-year forecast

Caterpillar profit up 4% in 2Q despite decline in...

Posted by Wayne Grayson on Jul 24, 2014

Despite a dip in sales and continued soft demand for mining equipment, Caterpillar today announced a 4-percent increase in profit ...

Exports of U.S.-made construction equipment fall 18.8% in 1Q; Africa region accounts for only gains

Exports of U.S.-made construction equipment fall 18.8%...

Posted by Wayne Grayson on Jun 11, 2014

Exports of construction equipment made in the U.S. fell 18.8 percent between first quarter 2013 and first quarter 2014, according ...

Caterpillar CIO Randy Krotowski resigns

Caterpillar CIO Randy Krotowski resigns

Posted by Wayne Grayson on Jun 04, 2014

Caterpillar Chief Information Officer Randy Krotowski has resigned from the company. Krotowski's departure was effective June 1. The Caterpillar announcement did ...

John Deere profit drops 10% in 2Q, sales and revenues fall 9%

John Deere profit drops 10% in 2Q, sales and revenues...

Posted by Amanda Bayhi on May 14, 2014

Snapping a streak of 15 consecutive quarters with record earnings, John Deere announced Wednesday declines in both profit and revenues ...

Caterpillar profit rises 5% in 1Q due to surge in construction equipment sales

Caterpillar profit rises 5% in 1Q due to surge in...

Posted by Wayne Grayson on Apr 24, 2014

After a rough 2013 that saw profits drop 33 percent, the momentum Caterpillar gained during a strong fourth quarter appears ...

Republican Senators turn tables on investigation in vocal defense of Caterpillar during tax hearing

Republican Senators turn tables on investigation in...

Posted by Wayne Grayson on Apr 01, 2014

Though a U.S. Senate report written by Michigan Democrat Sen. Carl Levin concluded that Caterpillar had done nothing illegal in ...

Caterpillar to defend tax strategy before U.S. Senate today, will likely receive support from John McCain

Caterpillar to defend tax strategy before U.S. Senate...

Posted by Wayne Grayson on Mar 31, 2014

Caterpillar has confirmed an earlier report by saying it is scheduled to testify in a U.S. Senate hearing on whether ...

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