Construction Equipment
Ag Equipment
Roadbuilding
Dealers
Business
Technology
Tag: oems
Home
Smaller than deck of cards, new Encore asset tracker designed to hide from thieves
PasstimeHD has unveiled its new asset tracking device, the Encore GPS tag, which is self-powered and requires no wiring. It’s also 25 percent smaller than a deck of cards and can be placed on construction equipment attachments, such as buckets, forks and hydraulic hammers, as well as on trailers, containers and large tools. It also […]
December 31, 2019
Construction Equipment
Cat exiting “most severe downturn in 90-year history,” targets aftermarket services as key growth area
Between 2012 and 2016, Caterpillar experienced its most severe downturn in its 90-year history, with profits dropping by 40 percent. Now under the leadership of Jim Umpleby, who took over as company president this year, Caterpillar is focused on what it calls its “Operating & Execution” model. “Profitable growth will be at the center of […]
September 15, 2017
Construction Equipment
Volvo to relocate Construction Equipment HQ to Sweden
After nearly 40 years in Belgium, Volvo Construction Equipment has announced that the company will be moving home. The heavy equipment manufacturer will be relocating its global headquarters from Brussels to Gothenburg, Sweden, the home of the Volvo Group. Volvo CE says the move “will facilitate closer cooperation with the Group’s other business areas and […]
January 12, 2017
Dealers
Dutch compact equipment brand Giant will make North American debut at GIE+ Expo
Dutch equipment brand Giant will make its entrance to the North American market with the debut of compact equipment lineup at the GIE+ Expo in Louisville later this month. The manufacturer will operate as Tobroco-Giant USA and will be headquartered in Des Moines, Iowa. The company will offer a machine lineup of 11 models including compact wheel loaders, […]
October 7, 2016
Dealers
Caterpillar profit drops 41% in Q2 as oil, gas, mining continue to hurt sales
Reporting a second quarter that saw sales fall 16 percent, Caterpillar has again cut its outlook for 2016. Facing continued downturns in the oil, gas and mining industries coupled with sluggish economic conditions in developing countries, sales and revenues fell to $12.3 billion while operating profit dropped 41 percent to $785 million. Cat chairman and CEO […]
July 27, 2016
Dealers
Komatsu acquires mining equipment maker Joy Global for $3 billion
Largely unscathed by the sharp declines in demand for mining equipment that have been bleeding money from competitor Caterpillar over the last few years, Komatsu has decided now is the time to become a more meaningful player in the industry, announcing it will acquire Wisconsin-based surface and underground mining equipment manufacturer Joy Global. Joy Global, founded in […]
July 22, 2016
Dealers
Wacker Neuson to build new plant in China
After building and selling construction equipment in China for more than 20 years, Wacker Neuson has announced that it plans to build a new plant located near Shanghai in Pinghu, Zhejiang Province. In an announcement, the company says the plant will initially build compact excavators for the local market with plans to produce further products […]
June 24, 2016
Dealers
Kobelco celebrates grand opening of U.S. excavator plant
Kobelco Construction Machinery USA recently celebrated the grand opening of its new excavator manufacturing plant in Spartanburg, South Carolina. Announced early last year, the $41 million, 85-acre site will produce 1,800 excavators each year. It’s the second U.S. facility for Kobelco USA which opened its Katy, Texas, corporate headquarters in 2014. The Spartanburg site was chosen […]
June 14, 2016
Business
Liebherr reorganizes U.S. businesses under new umbrella company
German heavy equipment manufacturer Liebherr has announced that it will transition its current U.S.-based operations into a mixed-sales company called Liebherr USA. The reorganization went into affect June 1. A team of three managing directors will helm the company: Torben Reher; Peter Mayr, head of the Liebherr Construction Equipment division; and Daniel Pitzer, head of the […]
June 3, 2016
Business
No Deal: Zoomlion withdraws acquisition offer following Terex MHPS sale to Konecranes
Less than two weeks after Terex walked away from a merger with Finnish equipment manufacturer Konecranes to further pursue acquisition talks with Chinese OEM Zoomlion, Zoomlion has withdrawn its offer. After announcing what appeared to a be done deal last fall with Konecranes, Terex officially walked away from the merger earlier this month after receiving an […]
May 31, 2016
Construction Equipment
Heavy equipment manufacturers release election-themed mobile game
Hoping to reach the electorate on issues related to manufacturing during this chaotic election cycle, the Association of Equipment Manufacturers have released a game for smartphones and tablets. The I Make America Game, named for the AEM campaign launched in 2010, first presents users with one of several construction and agricultural equipment-themed mini-games before testing their […]
April 25, 2016
Dealers
Case CE dealers to begin offering Leica’s off-machine construction tools
Case Construction Equipment announced today that its North American dealers will begin carrying off-machine construction tools from Leica Geosystems. The move comes through the expansion of a partnership between the two companies established in 2014. With that agreement Case was allowed to integrate Leica machine control technology into its machines from the factory as well as […]
April 6, 2016
Page 1 of 15
Next Page