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Caterpillar cost-cutting continues: company to clip 240 workers at Illinois mining plants

Caterpillar cost-cutting continues: company to clip 240...

Posted by Wayne Grayson on Jan 09, 2015

Caterpillar will lay off 240 workers across two of its Illinois plants as the company continues to cope with a ...

Larry Weyers named president of Manitowoc Cranes, Etchart steps down to VP role

Larry Weyers named president of Manitowoc Cranes,...

Posted by Wayne Grayson on Jan 07, 2015

Eric Etchart is stepping down from his role of president at Manitowoc Cranes and into a vice president role as part ...

More than 100 JCB machines aboard tipped-over cargo ship that ran aground near English island

More than 100 JCB machines aboard tipped-over cargo...

Posted by Wayne Grayson on Jan 06, 2015

More than 100 JCB machines worth millions of dollars are in jeopardy of being lost after a cargo ship ran ...

Tadano America comic book embezzler named one of top 10 costliest frauds

Tadano America comic book embezzler named one of top 10...

Posted by Marcia Gruver Doyle on Dec 23, 2014

The $9.3 million embezzlement by the former head of legal affairs and human resources at Tadano America was among the ...

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, ...

Despite slight dip in profit during first 6 months, Komatsu revises full-year forecast upward on “brisk” equipment sales

Despite slight dip in profit during first 6 months,...

Posted by Wayne Grayson on Nov 04, 2014

Sales and operating income at Komatsu are up during the first six months of the company's fiscal year, but the ...

Kobelco opens new North American headquarters in Texas

Kobelco opens new North American headquarters in Texas

Posted by Amy Materson on Nov 04, 2014

As a result of expected rapid growth in their sale of excavators in North America, Kobelco Construction Machinery has opened ...

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 ...

Terex profit falls 30% in 3Q, reduces expectation for full-year earnings

Terex profit falls 30% in 3Q, reduces expectation for...

Posted by Wayne Grayson on Nov 03, 2014

Despite a slight sales boost, equipment manufacturer Terex saw earnings fall during the third quarter and has reduced its earnings ...

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 ...

Volvo CE earnings jump 31% during 3Q despite flat sales

Volvo CE earnings jump 31% during 3Q despite flat sales

Posted by Wayne Grayson on Oct 24, 2014

Continued weak demand for construction equipment in China has negated sales gains in other parts of the world for the ...

Caterpillar profit up 8% in 3Q, beats Wall Street expectations with slight uptick in sales

Caterpillar profit up 8% in 3Q, beats Wall Street...

Posted by Wayne Grayson on Oct 23, 2014

Caterpillar today announced an increase in both profit and sales during the third quarter, beating analyst expectations despite more declines ...

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