Tag: business: Page 19

Construction Equipment

Volvo CE sales dip slightly in Q3, but profit ticks up with improved order intake

Volvo Construction Equipment reports in its latest earnings announcement that the company saw sales decline in the third quarter despite seeing an improvement in the European market and an increase in order intake across all regions. The heavy equipment manufacturer saw sales fall 3 percent to to SEK 11.539 billion ($1.3 billion U.S.). When adjusted for currency […]

October 24, 2016

Dealers

Doosan Portable Power adds Richmond Machinery to dealer network

Generator, air compressor and light tower manufacturer Doosan Portable Power has added Richmond Machinery & Equipment Company to its dealer network. The dealer, based in Richmond, Virginia, will distribute the company’s air compressors, generators, light towers and light compaction equipment for construction markets including residential and commercial, heavy highway and road, utility and state and […]

October 24, 2016

Dealers

IronDirect launches North American dealer partner program

IronDirect has launched a new North American dealer partner program, which would require dealers to place a minimum stock order for machines, but would not mandate parts stocking. The company says dealer sales would be non-exclusive and there are no geographic territory limitations. RELATED >> Rising from ICP’s ashes, IronDirect wants to be the Amazon of […]

October 20, 2016

Dealers

ARA names Conant as its next executive VP and CEO

The American Rental Association has tapped Tony Conant, whose resume is packed with operations and supply chain experience, as its next executive vice president and CEO. Conant was chosen by the association’s board of directors and will replace Christine Wehrman who is retiring after 16 years with ARA. Conant will become only the fourth ARA executive VP/CEO […]

October 20, 2016

Dealers

Bobcat adds new equipment, rental dealer in New York

Bobcat has added a new dealer in New York with the addition of Bobcat of Olean to its dealer network. The new dealership, Bobcat says, also will offer equipment and attachments for rental in Cattaraugus and Allegany counties. The company hopes Bobcat of Olean, located in southwestern New York, will be able to build off […]

October 19, 2016

Dealers

CVTCORP signs Great Lakes Power Service as distributor

Continuously variable transmission (CVT) manufacturer CVTCORP has signed Great Lakes Power Service of Mentor, Ohio, as its first distributor/service dealer to represent the company in the continental U.S. “For over 43 years, Great Lakes Power has been an industry leader in providing power transmission and drive train products and service to our customers and we […]

October 18, 2016

Business

Caterpillar CEO Doug Oberhelman to retire next year; Umpleby tapped as successor

Caterpillar chairman and chief executive officer Doug Oberhelman has announced that he will retire next year, bringing an end to a 41-year career with the company. Caterpillar has announced successors for both the CEO post and Oberhelman’s role at the head of the board. Oberhelman will oversee the company and its board until March 31, […]

October 17, 2016

Dealers

JLG places XPO Logistics in charge of aftermarket parts distribution, will close Ohio distribution center

Aerial work platform and telehandler manufacturer JLG Industries has decided to place XPO Logistics in charge of parts distribution operations for its North American Aftermarket business starting in August 2017. XPO will operate two distribution centers for the company, with one located in Las Vegas to support the west coast and one in Atlanta for JLG’s […]

October 17, 2016

Dealers

INFOGRAPHIC: Backhoe sales and buyer trends

A snapshot of new and used sales trends from Randall-Reilly’s Equipment Data Associates and TopBid auction price services.

October 14, 2016

Dealers

Terex Cranes names Natarajan and Schröder product management directors

Terex Cranes has appointed Suresh Natarajan as director of product management for Terex Rough Terrain Cranes and Frank Schröder in the same role for Demag All Terrain Cranes. The director of product management position is new for the company, one in which the appointees will oversee global product management teams as they develop equipment based […]

October 11, 2016

Dealers

Southeastern Equipment names Watton, Gourley VPs of operations

Southeastern Equipment, which carries multiple construction equipment brands, has named Heath Watton and Mickey Gourley as vice presidents responsible for daily operations for all of the company’s locations across Ohio, Michigan, Kentucky and Indiana. Watton joined Southeastern in 2003 as a salesman and most recently served as regional manager for Southeast Ohio. According to a […]

October 10, 2016

Business

Contractor of the Year entry deadline extended to Oct. 14

The deadline for nominations for the Equipment World Contractor of the Year contest, which honors 12 finalists each year, has been extended. Contractors and peers who wish to nominate them now have until October 14, 2016, to apply to the program. To enter, go to Equipment World’s Contractor of the Year page, and click on the “Apply Now” […]

October 6, 2016