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Caterpillar VP Hans Haefeli to retire, PRS VP Savage tapped as replacement

Caterpillar VP Hans Haefeli to retire, PRS VP Savage...

Posted by Wayne Grayson on Dec 13, 2013

Hans Haefeli, Caterpillar's vice president of Advanced Components & Systems Division (ACSD) has decided that he will retire April 30, ...

JCB’s $244 million expansion plan will create 2,500 jobs in UK

JCB’s $244 million expansion plan will create...

Posted by Wayne Grayson on Dec 13, 2013

Two new factories and a large expansion are in the plans for JCB as part of a $244 million plan ...

Sany America names Mike Rhoda its new CEO

Sany America names Mike Rhoda its new CEO

Posted by Marcia Gruver Doyle on Dec 10, 2013

Mike Rhoda has been named chief executive officer of Sany America, replacing Tim Frank, who resigned in October. Rhoda has a ...

John Deere Q4 and fiscal-year profits again increase to record highs

John Deere Q4 and fiscal-year profits again increase to...

Posted by Wayne Grayson on Nov 20, 2013

For the third straight year and the 14th-straight quarter, John Deere has announced record earnings. And, based on the recovering economy ...

The latest in a string of closings, Caterpillar to shutter Virginia mining equipment plant, lay off 240 workers

The latest in a string of closings, Caterpillar to...

Posted by Wayne Grayson on Nov 19, 2013

The decrease in demand for mining equipment is still hurting Caterpillar as the company has announced plans to close another ...

Martin Weissburg named next president of Volvo Construction Equipment

Martin Weissburg named next president of Volvo...

Posted by Wayne Grayson on Nov 18, 2013

Martin Weissburg, currently the president of Volvo Financial Services (VFS), will be the next president of Volvo Construction Equipment. Near the ...

JCB donates $500k worth of backhoes, generators to Philippines typhoon recovery efforts

JCB donates $500k worth of backhoes, generators to...

Posted by Wayne Grayson on Nov 14, 2013

JCB has announced that it will send more than $500,000 worth of heavy equipment and generators to aid in the ...

Mike Ballweber named president of Doosan Portable Power

Mike Ballweber named president of Doosan Portable Power

Posted by Wayne Grayson on Nov 11, 2013

Doosan has announced that Mike Ballweber is the new president of Doosan Portable Power. Ballweber, who is being promoted from vice ...

Forbes: Sany, fellow Chinese equipment makers’ move into foreign markets “isn’t working”

Forbes: Sany, fellow Chinese equipment makers’...

Posted by Wayne Grayson on Nov 07, 2013

It's been a rough year for Sany. Back in January, despite the fact that a decade-long infrastructure boom in China had ...

Doosan names Scott Park as next CEO of DICE

Doosan names Scott Park as next CEO of DICE

Posted by Wayne Grayson on Nov 06, 2013

Doosan today announced that Scott Park will be replacing Tony Helsham as the president and CEO of Doosan Infracore Construction ...

CNH Industrial revenues dip slightly, profit drops 15% in 3Q

CNH Industrial revenues dip slightly, profit drops 15%...

Posted by Wayne Grayson on Nov 04, 2013

CNH Industrial has announced its first quarterly results as a newly-merged company with revenues and profits down from the same ...

Cummins sees slight bump in 3Q profits, but cuts outlook due to lower earnings

Cummins sees slight bump in 3Q profits, but cuts...

Posted by Wayne Grayson on Oct 30, 2013

Despite lower earnings compared to the same quarter last year, Cummins reported a slight increase in third quarter profits thanks ...

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Hauling headaches: Know your load limits when trailering equipment

One-man machines: The operator should be the only person on a wheel loader

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