Tag: heavy equipment: Page 217

Dealers

Sandusky-based Construction Equipment & Supply owner sentenced to prison for phony bill fraud

Scott C. Wagner, owner of Construction Equipment & Supply in Sandusky, Ohio, has been sentenced to 75 months in prison in a phony bill scam, reports The Toledo Blade. The judgment also included a $25,000 fine. In July, a jury convicted Wagner of 26 counts related to fraud involving two clients; he later pleaded guilty […]

November 22, 2017

Dealers

P2P heavy equipment rental, online sales aren’t here to disrupt dealers—they’re an evolution

During a 2015 talk on innovation and how he and his team were working to transform 90-year-old heavy equipment manufacturer Caterpillar into a company whose machines move as much data as they do dirt, then CEO Doug Oberhelman had a unique way of describing his motivation. “We decided that maybe we better disrupt ourselves—in […]

November 21, 2017

Maintenance

Oil Analysis: Why it’s the best way to tell if your engine is healthy

Lubrication is the life blood of mechanical equipment. And just as our body’s blood can become anemic or experience an imbalance of blood cells or platelets that signal biological issues, the equipment’s ‘blood’ can show signs of wear and contamination. Where hematology is the science of blood, tribology is the science of lubrication, wear and […]

November 21, 2017

Dealers

Following Neff rejection H&E Equipment Services offers notes with eye toward acquisitions

H&E Equipment Services, who earlier this year made an offer for Neff Corporation that was superseded by a higher bid from United Rentals, announced that it will be offering $200 million in aggregate principal amount of its 5.625-percent Senior Notes due in 2025. In making the announcement, H&E said the proceeds from the new notes […]

November 21, 2017

Dealers

Equipment Roundup: Cat unveils next-gen excavators, first UTVs; The Duke is one bad ’72 Chevy; Tesla unveils electric Semi; Tracks that monitor their own wear; Volvo intros EC27D excavator

Cat intros next-gen excavators with “digital heart” All three of Caterpillar’s new Next Generation excavators feature a radically new hydraulic system driven by a “digital heart.” The 320 and 323 (pictured here) models offer automated digging and positioning technology in addition to payload weighing. How cool is this: An excavator that you can start with […]

November 21, 2017

Dealers

Business Roundup: Deere opens Miami parts center; Kobelco adds dealers, makes promotions; Former JCB CEO now at Terex; New Wash. H&E branch

Deere opens Miami parts center to serve Latin America John Deere has opened a Regional Distribution Center in Miami. The 115,000-square-foot parts facility will serve all Latin America countries, with the exception of Brazil, Argentina and Mexico, which have their own in-country centers. To read more, click here. Kobelco adds four mini-excavator-only dealers Kobelco Construction […]

November 21, 2017

Dealers

Short term and long term, rental remains power player

The strong 3Q reports from Herc Rentals, H&E Equipment Services and United Rentals serve to underscore a recent forecast by the American Rental Association (ARA). Updating its five-year forecast, ARA says it expects equipment rental revenue to grow at a compound annual growth rate (CAGR) of 4.7 percent between 2017 and 2021. This forecast has changed […]

November 21, 2017

Construction Equipment

Cat unveils 3 20-ton Next Gen excavators: ‘Platform for the future’ boasts new hydraulic tech, remote start from phone app

How cool is this: An excavator that you can start with an app on your smart phone. That’s just a tiny fraction of the digital razzle-dazzle Cat showed us last week in the most significant change to its excavator program in 25 years. The changes will eventually roll into almost all Cat excavators, but the […]

November 20, 2017

Class 7-8

Searching for Tesla’s place in trucking from behind the wheel of a Model S

If there was a polar opposite of a tractor trailer, Tesla‘s Model S just might be it. The sporty sedan is limited to whatever cargo capacity five people can wedge into its front storage compartment – the “frunk” – and the traditional rear trunk compartment. But, as I made my way to Los Angeles this […]

November 20, 2017

Construction Equipment

Pengo InterLok coupler provides versatile auger attachment

Pengo’s new InterLok coupler for skid steer loaders eliminates the need for auger bit adapters when attaching bits to auger drives with various sizes of output shafts. The variable geometry auger bit coupler allows the company’s Aggressor auger to be equipped with H-200, H-250 and R-256 connection sizes. To attach an auger, insert the coupler […]

November 20, 2017

Dealers

Nortrax sells seven South Florida Deere dealerships

A Memphis-based family investment firm has bought seven John Deere Construction and Forestry Stores serving the South Florida region. Dobbs Management Service, through DJD Equipment Holdings, purchased full service Nortrax stores in Lutz (Tampa area), Orlando, West Palm Beach, Miami and Fort Myers, Florida. In addition to the full-service branches, the deal included parts-only stores […]

November 20, 2017

Components

Yokohama Tire joins KaBOOM! to build playground in Miss.

Yokohama Tire Manufacturing Mississippi (YTMM) employees recently worked with KaBOOM! and 200 local volunteers to build a brand-new, eco-friendly playground at Marshall Park, in West Point, Miss., on Oct. 28, 2017. Yokohama and KaBOOM! met with local parents and children in August to design the new playground, which includes brightly colored environmentally safe “Cradle-to-Chadle”-certified playground […]

November 20, 2017