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Tag: Wells Fargo Equipment Finance
Dealers
Strong construction market to continue with rising equipment sales, no recession, reports Wells Fargo
Wells Fargo is predicting another strong year for the heavy equipment and construction industries. Get more information on the report here on Equipment World.
March 1, 2019
Construction Equipment
Why it will cost $14,000 more this year to buy a $250,000 machine
After the Federal Reserve increased interest rates to 2.25% in September, it will cost $14,000 more in 2018 to buy a $250,000 machine. Learn more here.
November 29, 2018
Dealers
Construction execs predict 2018 could be ‘best year ever’; most dealers expect equipment sales to increase
New survey’s key insights: Net profits — The industry is feeling increasingly positive about net profits. A whopping 92 percent of respondents said their net profits will remain the same or increase over 2017. Equipment sales —Distributors feel upbeat about the market and expect to see increases in new and used equipment sales. Equipment rentals […]
February 28, 2018
Business
Contractors skeptical of Tier 4 resale value, say lack of consistent work will continue driving equipment rentals
Skepticism around Tier 4 equipment and a continued lack of consistent work will contribute to continued momentum in the rental market, based on data collected by a Wells Fargo Equipment Finance survey in January. Nearly 30 percent of contractors surveyed said they feel Tier 4 equipment will have a worse resale value than previous generations. […]
February 27, 2014
Business
Contractors, equipment dealers optimistic about construction activity, rental fleet growth
The latest round of the Wells Fargo Equipment Finance Construction Optimism Quotient registered at a 106, indicating that contractors and equipment distributors are optimistic that local non-residential construction activity will improve in 2013. The Optimism Quotient is a piece of the Wells Fargo 2013 Construction Industry forecast used to gauge contractors and equipment distributors’ feeling […]
March 11, 2013
Business
AEMP hosts Asset Management Symposium
The Association of Equipment Management Professionals (AEMP) will host its annual two-day Asset Management Symposium in Louisville, Kentucky, October 30-31.This year, the Symposium will feature three key topics: telematics, finance and Tier 4. Featured events at this year’s Symposium include Q&A sessions following each half-day session and AEMP’s Professional Development Institute (PDI). To register, click […]
October 19, 2012
Construction Equipment
Wells Fargo Equipment Finance releases Construction Quarterly for Q3-2012
Wells Fargo Equipment Finance has released the results of its Q3-2012 Construction Executive Survey. The results, published in the company’s Construction Quarterly, reveal an improvement in construction activity; about 61 percent of respondents felt the downturn in the construction industry would last at least another year, while 81 percent responded in this way a year […]
September 26, 2012
Roadbuilding
Special Report: EQUIPMENT’S BRAVE NEW WORLD
Where we are, how we got here and what happens next. by Kirk Landers, editor emeritus, Better Roads  A recovery is coming for the U.S. construction industry. It will be long and slow. It will be different than other recoveries. And it will require planning. Even in the early stages, it is likely to […]
March 4, 2011
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