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Business: Page 284
Business
Ingersoll Rand Announces 2005 Fourth Quarter Earnings
Hamilton, Bermuda, January 26, 2006 – Ingersoll-Rand Company Limited (NYSE:IR), a leading diversified industrial firm, today announced that revenues and earnings from continuing operations increased significantly in the fourth quarter of 2005 compared to the 2004 fourth quarter. The company reported net earnings of $291.6 million, or EPS of $0.87, for the fourth quarter of […]
March 6, 2006
Business
Deere delivers first-quarter earnings of $236 million
MOLINE, Illinois (February 14, 2006) – Deere & Company today announced worldwide net income of $235.9 million, or $0.99 per share, for the first quarter ended January 31, compared with $222.8 million, or $0.89 per share, for the same period last year. Worldwide net sales and revenues increased 7 percent to $4.202 billion for the […]
March 6, 2006
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September 22, 2026
Business
Ritchie Bros. moves into agricultural, real estate markets
Ritchie Bros. Auctioneers, which auctions industrial equipment, has acquired Dennis Biliske Auctioneers, a North Dakota-based auctioneer of agricultural equipment and real estate. Ritchie Bros. says the acquisition is part of an initiative to further establish its presence in the agricultural equipment and land auction markets. “The addition of Dennis Biliske and his team to the […]
February 22, 2006
Business
Manitowoc Crane appoints global product manager
Manitowoc Crane Group has appointed Raman Joshi to its senior management team as global product manager for crawler cranes. Joshi’s duties will include overseeing strategy, alliances, acquisitions and financial performance, as well as tactical execution of business plans. Joshi will be working closely with Manitowoc’s sales, marketing, engineering and manufacturing locations around the world. Joshi […]
February 22, 2006
Business
JLG sells Gradall excavator line
JLG announced Feb. 3 it has sold its line of Gradall excavators to the Alamo Group, a company that makes equipment for right-of-way maintenance and agricultural applications, in order to increase its focus on core products. “This is an exciting development for Alamo and one that will be synergistic to our business,” said Ron Robinson, […]
February 22, 2006
Business
Sunbelt names three division managers
Sunbelt Rentals recently appointed three new division managers in the company’s Northern California, Midwest and Southeastern markets. · Brian Elbrecht has been promoted to manager of the Northern California division. Elbrecht was branch manager for Sunbelt’s Sacramento location for six years, where he reorganized the facility from an aerial equipment location into a full-line general […]
February 15, 2006
Business
New Cat division to manufacture aftertreatment products
Caterpillar has formed Cat Environmental Technologies, which will allow it to develop and manufacture its aftertreatment technology and products in house. “Caterpillar has the infrastructure and expertise to design and build durable aftertreatment products at a low cost,” said Jim Green, general manager of the Caterpillar engine component business unit. “Cat Environmental Technologies will capitalize […]
February 15, 2006
Business
Terex completes Halco acquisition
Terex has acquired Halco Holdings, including its subsidiaries Halco Drilling International, Halco America, Halco Drilling Equipment in Australia and Halco Drilling in Ireland. Halco designs, manufactures and distributes down-the-hole drill bits and hammers for drills. Terex will operate Halco in conjunction with its Reedrill business, which manufactures drilling equipment for the mining, construction and utility […]
February 15, 2006
Business
The Rental Show increases number of exhibitors
The American Rental Association has expanded the trade show portion of The Rental Show, increasing the number of exhibitors to 750. The decision to increase the sold-out show floor was made due to a growing waiting list, said Carla Johnson, ARA director of associate member services. “Many of the products are brand-new to the rental […]
January 18, 2006
Business
Terex makes operating structure, management changes
Terex has realigned some of its operations. The Mobile Crushing and Screening Group, consisting of Powerscreen, Terex Finlay and Terex Pegson and formerly part of the Terex Construction segment, will be consolidated within the Terex Materials Processing and Mining segment. The European telehandler business of TerexLift, formerly part of the Terex Construction segment, will become […]
January 18, 2006
Business
Dean Machinery acquires Flenties Dealerships
Dean Machinery, a Caterpillar dealer, has acquired the sales territory of the Flenties Dealerships in northwestern Missouri. The Flenties Dealerships’ territory consists of Maryville and St. Joseph and had previously been owned and run by Agco, a manufacturer and distributor of agricultural equipment and parts. Former Agco employees will be considered for continued employment with […]
January 18, 2006
Business
Lubrizol makes executive appointments
Lubrizol has appointed Dan Sheets vice president, sales, for its additive business and Greg Ondercin to vice president, engine additives, for its additive business. Previously, Sheets was vice president, engine additives. He joined Lubrizol in 1984 and has worked in various sales and marketing roles in the coatings, lubricant and fuel additives area. Ondercin has […]
January 18, 2006
Business
Construction firms owned by women on the rise
Women’s shoe stores may have to stock up on work boots if a recent study is any indication of the future. Between 1997 and 2004, the number of construction firms at least half-owned by women increased 30 percent, changing the face of the construction industry, according to the Center for Women’s Business Research. While this […]
January 16, 2006
Business
U.S. DOT awards collision prevention technology grants
The United States Department of Transportation has awarded Eaton a $6.7 million contract as part of a $31.6 million program to develop technologies to help drivers avoid crashes. The Integrated Vehicle-Based Safety Systems Program Field Operational Test is a four-year program that will develop technologies to warn drivers when they are about to leave the […]
January 12, 2006
Business
House-approved immigration bill too limited, AGC says
A national construction contractors’ association says immigration legislation the House of Representatives approved Dec. 16 is too limited. The Border and Immigration Enforcement Act of 2005 focuses on U.S. border security and removing illegal immigrants from the workforce through employer requirements. Legislation limited to interior enforcement and border security fails to recognize the economic realities […]
January 6, 2006
Business
Two governors ban union-only PLAs
The governors of Arkansas and Minnesota have signed executive orders in the past four months requiring their states to award construction contracts without regard to contractors’ union or non-union status. In order to “preserve competition on state construction contracts,” the Minnesota order declares the state and its agencies and representatives will neither require construction contractors […]
January 6, 2006
Business
BuyerZone.com providing price quotes for construction equipment
If you’re in the market for a piece of construction equipment, you can do your comparison shopping in one place by requesting price quotes through BuyerZone.com, a site that specializes in business products and services and added construction machinery to its lineup this year. The industrial section of BuyerZone.com includes excavators and compact excavators, wheel […]
January 6, 2006
Business
Online center puts government disaster contract info in one place
Contractors can now find and respond to government procurement opportunities involving rebuilding, cleanup and reconstruction after hurricanes through a free online service. The Disaster Contracting Center combines business opportunities from federal, state and local government agencies in need of assistance. Through the center’s website, government agencies in states including Louisiana, Mississippi, Florida and South Carolina […]
December 27, 2005
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