Tag: equipment: Page 253

Roadbuilding

Bertha sees daylight, finishes 1.7-mile boring work for SR 99 tunnel

Sixty-four years after the Alaskan Way Viaduct was first opened to traffic, Bertha, the world’s largest tunnel boring machine, broke through the end of a more than 9,270-foot tunnel for Seattle’s SR 99. “This is a historic moment in our state’s transportation history,” says Washington State Gov. Jay Inslee. “Innovation and perseverance are the engines […]

April 6, 2017

Dealers

Terramac adds C.N. Wood to expand North American dealer network

Crawler carrier manufacturer Terramac has added C.N. Wood to its North American dealer network to provide coverage in Massachusetts and Rhode Island. “C.N. Wood is a long standing dealership with an experienced team, who’s dedicated to providing their customers with the best possible equipment, service and support,” says Terramac Director of Sales Matt Slater. “C.N. […]

April 6, 2017

Construction Equipment

Cat intros 950 GC, a lower-spec loader developed using telematics data

With the North American and European launch of the 950 GC wheel loader, Caterpillar says it is bringing a machine stateside that has proven itself to be a high-performing, reliable and budget-friendly machine in lesser regulated countries. Telematics played a big part in the development of the 950 GC, Cat says. In addition to helping customers […]

April 5, 2017

Mergers & Acquisitions

Acquisition complete, Joy Global is now Komatsu Mining Corp.

Komatsu today announced that it has completed its acquisition of Wisconsin-based surface and underground mining equipment manufacturer Joy Global. Citing a belief that the mining industry will see a long-term rebound driven by increased demand for larger equipment in surface mining and further development of underground mining, Komatsu first announced the $3.7 billion deal in July 2016. Though […]

April 5, 2017

Construction Equipment

Altec intros 2 truck cranes for use on Prinoth’s Panther T22 track carrier

Altering the design of its traditional chassis-mounted models, Altec has introduced two truck cranes now available for sale on the Prinoth Panther T22 track carrier. With the track-carrier-mounted AC45-127S-TC and AC40-152S-TC, Altec says it is now able to bring all the features of these two models’ chassis-mounted variants to hard-to-reach jobsites. Altec says the AC45-127S-TC is able to take all 127 […]

April 5, 2017

Dealers

Crafco Inc. purchases assets of Crafco Texas

Crafco Inc. reports it has entered in an agreement to purchase the assets of Crafco Texas Inc. “We are pleased to have been presented this opportunity to purchase this business and are excited about the future possibilities presented to us because of the acquisition,” the company reports. Crafco says the purchase combines the assets of one […]

April 5, 2017

Pickups

Ram unveils 1500 Copper Sport limited edition, new 2-tone Laramie Longhorn scheme

Ram has recently added two new attractive hues to its truck lineup. One is exclusive to a limited run of 1500 Sport pickups while the other is the new two-tone paint scheme for its Laramie Longhorn pickups. The 2017 Ram 1500 Copper Sport is adorned in the truck maker’s new radiant Copper Pearl paint along with polished […]

April 4, 2017

Construction Equipment

Changes to Yanmar America’s organizational structure bring about 3 new divisions

Engine and equipment manufacturer Yanmar America has announced that it is making changes to its organizational structure that will “strengthen its customer support functions in accordance with the company’s growth strategy.” The company is splitting its current Operations Division into two new divisions: Manufacturing and Operations. The current director of Operations, David Smith, will now lead […]

April 4, 2017

Construction Equipment

Ford recalls 2017 F-250 for parking brake defect, F-450 and F-550 for driveshaft replacement

Ford has issued two separate recalls impacting three of its heavy duty pickups. The automaker is recalling approximately 52,000 2017 Ford F-250 pickups for unintended vehicle movement while in park. The recall affects F-250s equipped with gasoline-powered 6.2-liter engines built at the Kentucky Assembly Plant between October 9, 2015 and March 30, 2017. The Ford reference number for […]

April 4, 2017

Dealers

United Rentals completes NES Rentals purchase for $965 million

United Rentals says it has completed its purchase of NES Rentals Holdings for roughly $965 million in cash, a deal funded through “unsecured debt and available capacity on the company’s ABL facility.” “We’re excited by the customer and investor benefits we’ve created through this combination, which leverages our technology, infrastructure and cross-selling capabilities,” says Michael […]

April 4, 2017

Dealers

Strongco’s 2016 revenues drop 6%, earnings plummet 64%

Ontario-based equipment dealer Strongco Corporation has reported a 6.2-percent drop in revenues for 2016, along with a dramatic decrease in earnings before interest, tax, depreciation and amortization (EBITDA) of 64.2 percent, as it works to “streamline and stabilize” its business. Revenues for 2016 reached $361.3 million, compared to $385 million the previous year. EBITDA dropped […]

April 4, 2017

Dealers

Mack Trucks dealer Pozzo Truck Center marks 95 years

Pozzo Truck Center, based in Gary, Indiana, is celebrating 95 years as a Mack Trucks dealer. William A. Pozzo Sr. founded the business in 1921 after he left a Mack parts and repair operation in Gary when it closed. He served as a mechanic there, and raced with the Fiat team at the Indianapolis 500. […]

April 4, 2017