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Business: Page 260
Business
Cat, Mitsubishi Heavy Industries and Shin Cat Mitsubishi announce joint venture in Japan
Under a share redemption plan Caterpillar will become the majority shareholder in Shin Caterpillar Mitsubishi (SHM) with an option to achieve full ownership after five years. The agreement will result in Caterpillar owning 67 percent of SCM. When the first phase of the deal closes, expected in the third quarter of 2008, the business will […]
March 26, 2008
Business
Rogers Brothers to pursue South American business opportunities
Mark Kulyk, President of Rogers Brothers Corporation recently entertained visitors at his company’s trailer-manufacturing factory in Albion, Pennsylvania, to discuss business opportunities in South America. Steven Murray, Senior International Trade Specialist with the U.S. Department of Commerce in Pittsburgh, José Mauricio de Vasconcelos, Senior Trade Specialist, U.S. Commercial Service in Brazil and César Jochamowitz, Commercial […]
March 25, 2008
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Volvo Construction Equipment
September 22, 2026
Business
Strongco purchases Volvo’s Champion Road Machinery Sales
Volvo recently announced the sale of Champion Road Machinery Sales of Brampton, Ontario, to Strongco Limited of Mississauga, Ontario. Strongco holds 20 construction equipment sales and service branches in five Canadian provinces. The Champion Road Machinery Sales acquisition by Strongco gives the company exclusive rights to the sales, rentals, parts and service operations of Volvo’s […]
March 25, 2008
Business
Taldone named VP and Director of Key Equipment Finance construction and industrial group
Key Equipment Finance announced the appointment of Susan Taldone as vice president and director of the construction and industrial group. In this role Taldone will be responsible for the daily activities of Key Equipment Finance’s construction and industrial sales team. Additionally, Taldone will oversee business development and national program management for Key Equipment’s construction and […]
March 19, 2008
Business
Briggs & Stratton celebrates 100 years
Briggs & Stratton, a U.S.-based manufacturer of gasoline engines, marks its’ first 100 years in business. Founded by Stephen Briggs and Harold Stratton in 1908, the company is the world’s largest manufacturer of air-cooled gasoline engines for the outdoor power industry. The company plans to celebrate this anniversary with festivities in Milwaukee, home of its […]
March 17, 2008
Business
Bid2Win unveils field tracking software program at ConExpo-Con/Agg
After several years of visiting with contractor focus groups to evaluate their business needs, Bid2Win Software has introduced Build2Win – a new field tracking software system for contractors who want to track production, labor hours, equipment use, subcontractor work, materials costs and quantities and other overheads. Instead of the customary desktop installation, Build2Win uses a […]
March 14, 2008
Business
Cat Rental Stores celebrate 10th anniversary
Now celebrating its 10th anniversary, Cat Rental Stores have grown from 65 locations at the end of 1998 to 1,429 locations worldwide this year, with expectations to grow to 2,000 stores by 2010. Combined dealer rental volume exceeded $4 billion in 2007, and Thompson Machinery opened the 500th store in North America this month in […]
March 10, 2008
Business
Technology: Road recycling
Years ago if a government agency wanted to repair a deteriorating asphalt road, they had two choices – hide the problem with a superficial fix or tear it all out and throw the old material in a landfill. But with departments of transportation facing high traffic loads, skyrocketing material prices and tight budgets, disposal no […]
March 2, 2008
Business
Perspective: Feet in the dirt
Step into any high-tech manufacturing facility today and you’ll see CNC machines shaping components with speed and precision while robotic welding arms dance back and forth at a superhuman rate. Behind the assembly line, computer algorithms guide the logistics, bin filling and just-in-time delivery. Factory managers use data from computers and insights from line workers […]
March 2, 2008
Business
On Record: A booster shot?
American Rental Association officials were smiling at the timing: President Bush signed the Economic Stimulus Act of 2008 right in the middle of their trade show, typically a high volume buying show for rental dealers across nation. There is a lot in the legislation for equipment buyers to grab on to, including an additional first-year […]
March 2, 2008
Business
First Word: Winner takes all
“I almost hung up.” “This has to be a joke.” “CLICK.” These are just a few of the initial reactions we’ve received over the past six years when we called the winner of Equipment World’s Contractor’s Dream Package sweepstakes. Fortunately, the first two people stayed on the phone long enough to realize that it really […]
March 2, 2008
Business
Contractor of the Year Finalist: Ron Arnold
Ron Arnold, owner of R.E. Arnold Construction in Gainesville, Florida, has only worked for one employer since he left college. In 1966 he began work for the Florida Park Service at the John Pennekamp State Park in Key Largo. But when the Park Service told him part of his work also included cleaning out the […]
March 2, 2008
Business
Rent Smart: Wells Fargo construction forecast
Rental’s popularity with contractors remains on the rise, according to Wells Fargo Construction’s 2008 Industry Forecast. The report, based on surveys of construction company executives in North America, includes results drawn from 1,130 telephone interviews conducted in the fall of 2007. The report’s rental overview determined that contactors will increase their use of rented equipment […]
March 2, 2008
Business
Trucks: International enters Class 8 big bore engine market
Until now, if you wanted big-bore power in your International trucks you had to go to Cat or Cummins – an arrangement International made clear it wanted to change. Today, after three years of development, International has its engine: In Las Vegas in January, company officials pulled the curtain off of the new MaxxForce 11 […]
March 2, 2008
Business
Oshkosh appoints new president of JerrDan subsidiary
Oshkosh has appointed Michael P. Walter as the new president of JerrDan, succeeding Jeff Weller, who is retiring after 38 years, effective February 21st. Walter will be responsible for the business aspects of the wrecker and carrier brand.
February 27, 2008
Business
U.S. construction equipment exports up 26 percent from 2006
U.S.-made exports of construction equipment and machinery rose 26 percent last year for a total of $17.2 billion, according to the Association of Equipment Manufacturers. These results are based on data compiled by the U.S. Commerce Department and other sources monitoring quarterly export trends. “This positive export data underscores the importance of global trade to […]
February 27, 2008
Business
AEM elects new members
The Association of Equipment Manufacturers has elected 11 companies as new members in the international trade group, which provides business development resources for companies that manufacture and market agriculture and construction related equipment, products and services. The new AEM member companies include: CASECO Manufacturing, Claremore, Oklahoma; Cherne Industries, Minneapolis, Minnesota; Combi Wear Parts, Chicago, Illinois; […]
February 27, 2008
Business
New Holland and Kobelco join HACIA
New Holland Construction and Kobelco America have joined the Hispanic American Construction Industry Association. “New Holland Construction and Kobelco America are respected names in the construction equipment business,” says Juan Calahorrano, program manager at HACIA. “Their membership with HACIA will provide them with networking opportunities that can further strengthen their reputation as a manufacturer and […]
February 27, 2008
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