Tag: construction equipment: Page 467

Business

John Deere construction equipment profits rise 32% in another record-breaking Q1

John Deere has announced record earnings for the 15th straight quarter, but it’s outlook for the rest of the year isn’t quite as bright. In its first fiscal quarter ending January 31, John Deere profits were up 5 percent over Q1 2013 to $681.1 million. Net sales and revenues were up as well, increasing 3 […]

February 12, 2014

Business

ARA: Rental revenues will reach $41.1 billion this year; equipment rental penetration index now nearly 53%

With healthy returns posted for rentals in 2013, the American Rental Association is forecasting $41.1 billion in total rental revenues (including construction equipment, general tool and party and events) this year, and an upward trajectory for the total rental market that will reach $52.3 billion in 2017. In addition, ARA says its Equipment Rental Penetration […]

February 11, 2014

Construction Equipment

Volvo CE fills gap in C-Series line with launch of MCT110C compact track loader

With the launch of the MCT110C compact track loader, Volvo Construction Equipment fills the gap between their MCT85C and MCT125C units. One of the four tracked models in the C-Series line, the MCT110C has a rated operating capacity of 2,250 pounds and features a Tier 4 Final 74-horsepower four-cylinder engine. The machine’s advanced combustion system […]

February 10, 2014

Dealers

Link-Belt’s top 5 dealers, a new Bobcat dealer plus Kobelco and Terex promotions in this week’s Dealer News Roundup

Welcome to the Dealer News Roundup, your one-stop shop for all the moves going on inside the heavy equipment distributor industry. We post a new edition just about every week with news on hires, promotions, new locations and expansions. Check back for a new edition on Fridays. Link-Belt announces its Top 5 dealers for 2013 […]

February 7, 2014

Construction Equipment

Caterpillar’s new Tier 4 Final M Series 3 motor graders boost fuel efficiency

Save fuel and reduce emissions with the latest M Series 3 motor graders from Caterpillar—the 12M3, 140M3, 160M3 and their all-wheel-drive counterparts. The EPA Tier 4 Final machines use Caterpillar’s aftertreatment solution and Selective Catalytic Reduction using Diesel Exhaust Fluid that can be filled from ground level when the machine is fueled. The graders have […]

February 6, 2014

Business

Volvo CE operating income plummets 54% in 2013 despite gains in 4Q

Despite encouraging gains in the fourth quarter, Volvo Construction Equipment will be glad to put 2013 behind it. Full-year sales fell by 16 percent to $8.2 billion (53.4 billion SEK) while operating income plummeted 54 percent to $399 million (2.6 billion SEK). In its report, Volvo CE attributed the fall in operating income to “tough price […]

February 5, 2014

Business

Bomag breaks ground on new North American HQ in South Carolina

Wednesday morning, Bomag Americas held a ground breaking ceremony for the future site of its new North American headquarters in Ridgeway, South Carolina. Company officials as well as South Carolina State and local officials were on hand for the event. The $18.2 million investment will create 121 new jobs for the state, South Carolina Gov. […]

February 5, 2014

Business

Komatsu profit up 26% in first 9 months due to increased demand for construction equipment

Despite impact from a low demand for mining equipment, Komatsu saw increases in both sales and profits for the first nine months of its fiscal year. The company reported net sales of $13.6 billion (1.38 trillion yen), up 3 percent over the same period in 2012. Operating income rose 10 percent to $1.6 billion (165.6 […]

February 2, 2014

Construction Equipment

This incredible Caterpillar D11 R/C model moving dirt will make you question what’s real

No. 2 Video in 2014 « NO. 3 NO. 1 »   The genius of this video is that when it starts out you’re thinking so what? It’s a D11 moving dirt. However, depending on what visual cue sets you off (the grass in the background in the first few minutes did it for us), […]

January 31, 2014

Construction Equipment

GE Capital expands equipment financing program for dealers looking to grow their rental fleets

With equipment rentals showing growth in each of the last three years, GE Capital is hoping to boost expected continued growth in coming years even further with an expansion of its equipment financing program for dealers looking to grow their rental fleets. Though most dealers pay cash for equipment that costs less than $10,000, Jim […]

January 30, 2014

Business

CNH Industrial full-year revenue flat, but 9% profit gain in 4Q adds to overall positive 2013

Following a down third quarter, CNH Industrial saw an increase in profit for the fourth quarter add to an overall positive 2013 for the company. CNH Industrial reported this morning that full-year net revenues were flat at $35 billion (€25.8 billion). Meanwhile, net profit rose 2 percent from 2012 to $1.2 billion (€917 million). For the fourth […]

January 30, 2014

Construction Equipment

Walkaround of the Terex PT-75 compact track loader

Terex gave the public its first up close look at the PT-75, its latest compact track loader, at the World of Concrete last week. Powered by a 71-horsepower, 4 cylinder Perkins diesel, the narrow 70-inch-wide machine can get into a number of confined work areas. The Posi-Track undercarriage, offering multiple levels of suspension that distribute […]

January 30, 2014