Tag: business: Page 22

Workforce

Construction loses 6,000 jobs in August

Though July snapped a three-month streak of jobs losses for the U.S. construction industry, August brought another dip with a decrease of 6,000 workers. Construction employment is now estimated at 6.640 million Americans, a 3-percent increase over the August 2015 mark, according to preliminary data from the Labor Department. The department’s latest data also revised […]

September 6, 2016

Dealers

Home Depot-based Compact Power Equipment Rental adds 4 new machines

Compact Power, an equipment rental company which operates out of more than 1,100 Home Depot locations across the U.S., has announced the addition of the following four new machines to its available fleet: Genie GR-20 Runabout: A smaller-platform, zero-turn-radius aerial lift that can easily navigate throughout homes or worksites to accommodate a variety of projects […]

September 6, 2016

Construction Equipment

Caterpillar cuts thousands more jobs in Europe as part of cost reduction plan

Caterpillar has announced the latest in a long line of facility consolidations and job cuts as part of the cost reduction plan it initiated last year. According to a report from the Peoria Journal Star, between 200 and 250 jobs will be cut over the next one to two years in Northern Ireland where Cat […]

September 5, 2016

Dealers

BigRentz launches online customer portal for equipment rental management

BigRentz has launched a responsive-design online customer portal designed to ease management of equipment rentals. “The portal was born from thousands of conversations and daily interactions with our customers who wanted a single location to manage their rental activity through BigRentz,” says President and CEO Dallas Imbimbo. “This makes the equipment rental process as easy […]

September 5, 2016

Dealers

Kobelco USA adds Brogan as dealer field service representative

Kobelco Construction Machinery USA has named Matt Brogan as a dealer field service representative. Brogan has served as a service technician for the past nine years. The company believes his expertise in assessing field matters and performing technical training will provide a boost to dealer service support. “The addition of Matt highlights Kobelco’s commitment to providing […]

September 2, 2016

Business

Construction spending flat in July as nonresidential dip wipes out residential gain

U.S. construction spending was flat for the month of July at an estimated annual rate of $1.153 trillion, according to preliminary data from the Commerce Department. An 0.3-percent decrease in nonresidential spending wiped out most of an 0.4-percent increase in residential during the month. Total construction spending remains up 1.5 percent over the July 2015 mark. […]

September 1, 2016

Dealers

Morbark adds to dealer network in Canada and Europe

Morbark has signed dealer agreements with Equipment Sales & Service (ESS) Limited and Van Bemmel Machine Import BV to distribute the company’s equipment in Canada and Europe respectively. “We are proud to add ESS and Van Bemmel to our worldwide dealer network,” says Mark Rau, Morbark Director of Dealer Support. “They both have exhibited incredible […]

September 1, 2016

Dealers

Yamaha agrees to make UTVs for Yanmar in new partnership

Yanmar and Yahama Motor have created a business alliance in which Yanmar will sell Yahama Viking and Viking VI utility task vehicles (UTVs) in the U.S. under its brand name beginning January 2017 through its “farmer-oriented” network. “The aim of this business alliance is to expand sales in the growing U.S. ROV [recreational off-highway vehicles] […]

August 31, 2016

Dealers

Hawthorne Cat promoting Caterpillar Certified Used Program in Pacific Region

San Diego-based Hawthorne Cat, which covers the Hawaiian Islands and the Pacific Region, is working to educate more customers on Caterpillar’s Certified Used program. Cat Certified Used equipment must pass a 140-point inspection has the most recent maintenance completed and are serviced with genuine Cat parts and includes a 12-month power train and hydraulic protection […]

August 30, 2016

Dealers

Ritchie Bros. to acquire online equipment auctioneer IronPlanet for $758.5 million

Announced late Monday evening, the auction giant Ritchie Bros. is acquiring internet-based auction company IronPlanet for approximately $758.5 million. The deal is Ritchie Bros. second acquisition this month following an August 2 announcement that the company would buy New England-based Petrowsky Auctioneers for $7 million. IronPlanet burst onto the heavy equipment auction scene in 1999 […]

August 29, 2016

Dealers

Kirby-Smith Machinery names VP of sales, general service manager

Kirby-Smith Machinery, based in Oklahoma City, has named Del Keffer as vice president of sales and Brad Campbell as general service manager. Keffer will manage corporate sales and rental strategy for the construction equipment and crane dealer, and will be based at its Dallas branch. He has roughly four decades of experience in the heavy […]

August 29, 2016

Dealers

Barko Hydraulics picks Newlons International to distribute forestry equipment

Barko Hydraulics has added West Virginia-based Newlons International to its dealer group with sales responsibilities in all of West Virginia and two Maryland counties for the company’s line of forestry equipment. The dealership will carry Barko loaders, harvesters and feller bunchers, industrial wheeled tractors, forwarders and biomass chippers. “I think it’s going to be a great […]

August 26, 2016