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John Deere sees slight uptick in construction sales but profits fall 30% as ag slowdown continues

John Deere sees slight uptick in construction sales but...

Posted by Wayne Grayson on May 26, 2015

Construction and forestry equipment sales are the only bright spot for John Deere, albeit a dim one, as the heavy ...

Nominations due June 5th for AEM Hall of Fame

Nominations due June 5th for AEM Hall of Fame

Posted by Marcia Gruver Doyle on May 12, 2015

Do you know of someone in the construction industry who has made a significant contribution to the construction industry? Then ...

Terex sales drop 9% as 1Q results in a loss

Terex sales drop 9% as 1Q results in a loss

Posted by Wayne Grayson on May 04, 2015

In its earnings report for fiscal year 2014 in which the company reported a big 27-percent profit increase, Terex cautioned ...

Volvo CE sees demand in China cut in half, profit plunges 46% in 1Q

Volvo CE sees demand in China cut in half, profit...

Posted by Wayne Grayson on Apr 28, 2015

  Citing weak demand in China, where sales have been cut in half, Volvo Construction Equipment reported a drop in revenues ...

Despite uptick in sales, Komatsu sees fiscal year 2014 profit fall 3.5%

Despite uptick in sales, Komatsu sees fiscal year 2014...

Posted by Wayne Grayson on Apr 27, 2015

Increased sales in developed countries combined with the depreciation of the Japanese yen against the dollar were able to boost ...

Perkins discusses “Tier 5″ planning, impact; announces new engine to be built in US

Perkins discusses “Tier 5″ planning,...

Posted by Tom Jackson on Apr 20, 2015

British engine manufacturer Perkins, is meeting with customers and media although not exhibiting at Intermat this year. At least not ...

Caterpillar to cut 250 jobs from Indiana engine plant

Caterpillar to cut 250 jobs from Indiana engine plant

Posted by Wayne Grayson on Apr 09, 2015

Caterpillar has announced that it will cut 250 workers from its Lafayette Engine Center in Indiana. According to a report from WLFI ...

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 ...

Terex begins manufacturing Genie telehandlers in Oklahoma City

Terex begins manufacturing Genie telehandlers in...

Posted by Wayne Grayson on Feb 10, 2015

Terex has announced that it is now manufacturing Genie telehandlers at its Oklahoma City facility. The 700,000-square-foot facility employs 260 people and ...

Sales fall again in 4Q as CNH Industrial posts 14% profit decline for 2014 on slumping farm demand

Sales fall again in 4Q as CNH Industrial posts 14%...

Posted by Wayne Grayson on Jan 29, 2015

It wasn't nearly as bad as the third quarter, but the fourth certainly wasn't much better for CNH Industrial which ...

Komatsu profit up 5.5% in 3Q thanks to strong construction equipment sales in North America

Komatsu profit up 5.5% in 3Q thanks to strong...

Posted by Wayne Grayson on Jan 28, 2015

Helped by a weakening of the yen against the U.S. dollar as well as increased equipment sales in the Americas ...

Caterpillar full-year earnings dip with bad 4Q; falling oil prices expected to drag 2015 down even further

Caterpillar full-year earnings dip with bad 4Q; falling...

Posted by Wayne Grayson on Jan 27, 2015

For a second consecutive year, Caterpillar sales and profit have fallen. And in addition to the slump in demand for ...

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