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Wages for construction workers and heavy equipment manufacturing workers are on the rise

Wages for construction workers and heavy equipment...

Posted by Wayne Grayson on Aug 05, 2014

We're now five years into the economic recovery following the Great Recession and pay raises, according to a report from ...

Cummins sales, profit and expectations rise in 2Q due to stronger demand in North America

Cummins sales, profit and expectations rise in 2Q due...

Posted by Wayne Grayson on Aug 05, 2014

Cummins has announced gains in both sales and profit during the second quarter. The company has raised its full-year forecast ...

CNH Industrial profit up 10% despite sales declines in construction and ag equipment

CNH Industrial profit up 10% despite sales declines in...

Posted by Wayne Grayson on Aug 04, 2014

A slight increase in revenues boosted profit 10 percent at CNH Industrial during the second quarter of the year as ...

Komatsu sees slight boost in sales and profit during 1Q

Komatsu sees slight boost in sales and profit during 1Q

Posted by Wayne Grayson on Jul 29, 2014

Komatsu announced today increases in both sales and profit during the company's first quarter ending June 31. The company reported net ...

Terex sees big profit increase as AWP and MHPS segments boost sales

Terex sees big profit increase as AWP and MHPS segments...

Posted by Wayne Grayson on Jul 25, 2014

In its latest earnings report, Terex announced increases in both sales and profit during the second quarter of the year. The ...

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 ...

Sales slump in China offsets gains elsewhere as Volvo CE operating income falls 43% in 2Q

Sales slump in China offsets gains elsewhere as Volvo...

Posted by Wayne Grayson on Jul 21, 2014

After kicking the year off with a sales boost and 29-percent increase in operating income during the first quarter, things ...

Cummins taps Rich Freeland president and COO, Dave Crompton president of engine business

Cummins taps Rich Freeland president and COO, Dave...

Posted by Wayne Grayson on Jul 09, 2014

Cummins today announced that it has named Rich Freeland president and chief operating officer of the company. Freeland will focus on ...

Contractor stresses importance of parts and service, tells equipment manufacturers: “You’re only as strong as your weakest dealer” (VIDEO)

Contractor stresses importance of parts and service,...

Posted by Marcia Gruver Doyle on Jun 30, 2014

Edgar Butsch, director of equipment operations, M.A. Mortenson Company, Minneapolis, had some kind but blunt words for equipment manufacturers attending ...

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 to close 3 Illinois component plants, move work to Michigan

Caterpillar to close 3 Illinois component plants, move...

Posted by Wayne Grayson on Jun 09, 2014

Caterpillar has announced that it will close three of its plants in Illinois in order to consolidate the work at ...

Caterpillar hires former Transportation Sec. Ray LaHood

Caterpillar hires former Transportation Sec. Ray LaHood

Posted by Amanda Bayhi on Jun 06, 2014

Caterpillar has hired former Transportation Secretary Ray LaHood to serve as a consultant, the company announced Thursday. Caterpillar says LaHood will ...

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