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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 ...

Volvo CE reports increased market share despite sales, profit drops in 3Q

Volvo CE reports increased market share despite sales,...

Posted by Wayne Grayson on Oct 26, 2015

Despite continued growth in the North American market, Volvo Construction Equipment sales and profit dipped during the third quarter. The manufacturer ...

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 ...

Caterpillar to shutter global mining HQ, move jobs to South Milwaukee

Caterpillar to shutter global mining HQ, move jobs to...

Posted by Bobby Atkinson on Oct 09, 2015

Just weeks after Caterpillar announced a massive cost reduction plan and the departure of its top mining executive, the equipment manufacturer has ...

Vermeer names Ultimate Crew; Holt Cat hits VisionLink milestone; Orion expands & more in the latest Dealer and Manufacturing roundup

Vermeer names Ultimate Crew; Holt Cat hits VisionLink...

Posted by Angela Thomas on Oct 08, 2015

Vermeer names B&T Drainage winner of Ultimate Crew contest B&T Drainage from Marshall, Illinois, was named the winner of the Ultimate Crew Contest ...

Caterpillar to cut 230 workers in East Peoria; may move Joliet parts production to Mexico

Caterpillar to cut 230 workers in East Peoria; may move...

Posted by Wayne Grayson on Oct 07, 2015

The first workforce cuts of Caterpillar's recently announced, extensive cost-cutting plan will come at the company's East Peoria, Illinois plant. According to a ...

Caterpillar mining VP retires amid leadership shakeup

Caterpillar mining VP retires amid leadership shakeup

Posted by Wayne Grayson on Sep 25, 2015

Chris Curfman, the chief mining executive at Caterpillar, will retire at the end of the year, ending a more than 20-year ...

Caterpillar plans up to 10,000 job cuts as part of extensive $1.5 billion cost reduction plan

Caterpillar plans up to 10,000 job cuts as part of...

Posted by Wayne Grayson on Sep 24, 2015

In the midst of a third straight year of down sales and revenues, Caterpillar has announced further cost cutting and ...

John Deere feels impact of energy slowdown in 3Q as construction equipment sales fall 13%

John Deere feels impact of energy slowdown in 3Q as...

Posted by Wayne Grayson on Aug 21, 2015

After a third quarter that brought more severe decreases in sales and profit, John Deere has cut its forecast for ...

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 ...

Caterpillar profits fall 29% in 2Q as company cuts full-year forecast

Caterpillar profits fall 29% in 2Q as company cuts...

Posted by Wayne Grayson on Jul 23, 2015

A continued and severe lack of demand for mining equipment worldwide, coupled with lower construction equipment sales in China and ...

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