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Dealers: Page 104
Dealers
Business Roundup: Strongco Q1 revenues down; Parrot thermal imaging drone; Kubota Engine opens tech training center; Rental revenue targets $49.4B for 2017; U.S. home starts fall
Strongco Q1 revenues drop 8.8%, earnings sink 18.9% Equipment dealer Strongco Corporation’s first quarter 2017 revenues fell to $83.2 million according to its most recent financial report, representing an 8.8 percent decrease compared to the same period the year before. Earnings before interest, tax, depreciation and amortization (EBITDA) dropped to $4.3 million, a decrease of […]
May 23, 2017
Dealers
Digga North America, Berlon Industries partner on product sales
Digga North America has partnered with Berlon Industries on a sales representation agreement whereby Berlon will sell the company’s auger drives, trenchers and other products used on mini loaders, skid steers, small backhoes and mini excavators. Berlon will provide coverage in Illinois, Iowa, Minnesota and Wisconsin. “Berlon has a solid dealer network. Adding Digga’s quality […]
May 22, 2017
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October 7, 2026
Dealers
INFOGRAPHIC: Compact excavator sales and buyer trends
A snapshot of new and used sales trends from Randall-Reilly’s Equipment Data Associates and TopBid auction price service.
May 19, 2017
Dealers
Takeuchi adds Kirby-Smith Machinery to dealer network for Oklahoma, Texas
Takeuchi-US has added Kirby-Smith Machinery, headquartered in Oklahoma City, to its dealer network to provide coverage in Oklahoma and Texas. The company’s products will be available at six of the dealer’s 10 locations, including Oklahoma City and Tulsa in Oklahoma, and Lubbock, Odessa, Amarillo and Abilene in Texas. “Takeuchi has a great product line and […]
May 19, 2017
Dealers
Kobelco adds Rudder to dealer network sales team
Kobelco Construction Machinery USA has named Cole Rudder as its southeast district business manager with responsibility for providing support to dealers in the southeastern U.S. The company reports Rudder will train dealer staff on Kobelco products and provide marketing support for its excavators. In addition, he will help develop and execute annual business plans, inventory […]
May 18, 2017
Dealers
Finning International Q1 2017 revenue down, but earnings up dramatically
Finning International, the Vancouver-based parent company of Finning Cat, the world’s largest Caterpillar dealer, reports a 6 percent decrease in revenue for the first quarter of 2017, but a 37 percent increase in earnings before interest, tax, depreciation and amortization (EBITDA) compared to the same period in 2016. Net income fared even better, with a […]
May 17, 2017
Dealers
Dealers should try disruptive marketing to shake up the status quo
Everyone knows the old saying: You have to spend money to make money. The truth of that is obvious, but when times are lean, it’s hard to maintain a heavy marketing budget. Furthermore, marketing has changed dramatically as social media and other digital platforms have revolutionized so many aspects of commerce, especially on a […]
May 16, 2017
Dealers
Equipment Roundup: John Deere 950K gets PAT blade; Vacuworx revamps AMC 4, AMC 6; Case limited red CTLs and skid steers; Western Star XD-25
John Deere gives 950K a finer touch with ‘exclusive’ PAT blade on the production dozer In what it calls an industry exclusive, John Deere has put a six-way Power Angle Tilt blade on its production class 950K dozer. ConExpo attendees got a preview of the 950K/PAT combo, which is expected to be available this fall. […]
May 16, 2017
Dealers
Business Roundup: RDO partners with iVolve; Caterpillar buys Yard Club; Holt Cat donates to workforce development; Cashman Equipment gets Cat 5-Star
RDO Equipment partners with iVolve on mining equipment fleet management RDO Equipment has joined the iVolve partner program as a national distributor for the U.S mining market providing the latter’s fleet management systems for mining equipment customers. “iVolve is excited to work with RDO Equipment Co., extending their current product offerings to include full fleet management,” says iVolve […]
May 16, 2017
Dealers
Falcon Asphalt Repair adds dealer coverage in Georgia and Florida with ClearPath Solutions
Falcon Asphalt Repair Equipment has added ClearPath Solutions to its dealer network to represent the company’s products in Georgia and Florida, offering sales, rental and attachment modifications. “Falcon is the leading manufacturer of hotboxes and asphalt recyclers, and our customers in Georgia and Florida will benefit from the ability to keep their asphalt at temperature […]
May 15, 2017
Dealers
Strongco Q1 revenues drop 8.8%, earnings sink 18.9%
Equipment dealer Strongco Corporation’s first quarter 2017 revenues fell to $83.2 million according to its most recent financial report, representing an 8.8 percent decrease compared to the same period the year before. Earnings before interest, tax, depreciation and amortization (EBITDA) dropped to $4.3 million, a decrease of 18.9 percent compared to 2016’s $5.3 million. Despite […]
May 12, 2017
Dealers
Kubota Engine America opens technical training center in Illinois
Kubota Engine America has opened a technical training center in Lincolnshire, Illinois, as a means of providing “educational opportunities” for dealer technicians. The facility has 1,500 square feet of lab area and 3,400 square feet of classrooms. The company recently held its inaugural sessions for technicians, which included a course on common rail Selective Catalytic […]
May 11, 2017
Dealers
ARA forecasts equipment rental revenue at $49.4 billion for 2017
The American Rental Association (ARA) expects U.S. equipment rental revenue in 2017 to grow 4.5 percent, reaching $49.4 billion, according to its latest five-year forecast. This is $500 million more than its previous forecast issued in January. The forecasted figure combines revenue for construction and industrial, general tool and light construction, as well as party […]
May 10, 2017
Dealers
Dealers offer financing options for today’s tricky used truck market
As sales numbers have flattened and values have crashed, financing a used truck purchase has become a tough task for dealers and customers alike. “For the past 12 to 18 months it has become increasingly difficult to acquire financing for used trucks because they don’t book well,” says David Bibler, finance manager at Truck Country. […]
May 9, 2017
Dealers
IEDA names Dewitt Equipment’s Fox as president, adds 4 to board
The Independent Equipment Dealers Association (IEDA) has named Kevin Fox of Dewitt Equipment in Barrie, Ontario, as its new president. Fox received the designation at the association’s recent annual meeting and vendor expo in Orlando. IEDA also named to its board of directors: Luke Brenner of Heavy Equipment, Austin, Texas; Kenneth Tysinger of May Heavy Equipment, […]
May 9, 2017
Dealers
Equipment Roundup: Gehl T650/750 telescopic artic loaders; Deere 20,000-hr. warranty on 944K; Kenworth T880 AWD; Barko 930B and 937B tractors
Manitou unveils Gehl T650/750 telescopic artic loaders, new compact excavators at both ends of range Manitou has launched several new compact machines as of late among which are duos of new articulated loader and compact excavator models for the company’s Gehl and Mustang machine lineups. We’ll start with the company’s new articulated loaders. We got […]
May 9, 2017
Dealers
Business Roundup: Construction spending down; Hitachi buys Sullair; Acosta confirmed as Labor Sec.; Volvo CE, United Rentals Q1 earnings
Construction spending falls 0.2% in March Gains in residential construction spending during March were offset by an identical loss in nonresidential as total construction spending in the U.S. fell 0.2 percent. Total spending fell to $1.2 trillion, but remains 3.6 percent above the March 2016 figure, according to preliminary data from the Commerce Department. Private […]
May 9, 2017
Dealers
Caterpillar acquires Yard Club, a contractor-to-contractor equipment rental service
Two years after investing in and providing some of its own dealer inventory to the service, Caterpillar has acquired Yard Club, a startup that facilitates contractor-to-contractor equipment rental. A Yard Club spokesperson reached out to Equipment World to confirm the acquisition, but the deal was first reported by TechCrunch.. Caterpillar has yet to acknowledge the deal in an official capacity […]
May 8, 2017
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