Tag: equipment manufacturers: Page 9

Business

CNH Board of Directors approves merger plan with Fiat Industrial

The CNH Global board of directors have approved the company’s merger plan with Fiat Industrial. The board met February 25 and approved the plan for merging into a NewCo with and as a subsidiary of Fiat. The merger was initially agreed to by CHN back in November. NewCo is a name typically given to startups or merged companies before […]

February 27, 2013

Business

Caterpillar dealer sales fall 4% in fiscal Q1

Caterpillar recently reported that it saw worldwide dealer sales fall 4 percent in the three months ending January 31. According to a Securites and Exchange Report reviewed by the Chicago Tribune, the company saw sales decline 11 percent in North America and 12 percent in the Asia/Pacific Region. Sales in Latin America were up 3 […]

February 25, 2013

Business

Liebherr promotes Ana Cabiedes-Uranga to marketing and communications manager

Liebherr Construction Equipment has promoted Ana Cabiedes-Uranga to marketing and communications manager. Cabiedes-Uranga will be responsible for planning, implementing and communicating the company’s marketing efforts. In her previous position as trade show & event manager, Cabiedes-Uranga was responsible for the planning and managing all Liebherr Construction Equipment events. She worked with senior management to develop […]

February 21, 2013

Business

Terex income and sales up in 2012 despite Q4 declines

Terex announced today income of $103.6 million on sales of $7.3 billion in 2012. Both marks are increases over 2011. Income was up 60 percent over the $38.6 million made in 2011, while sales were up 12 percent over 2011’s $6.5 billion. Fourth quarter 2012 net sales were down 13.3 percent from same period in […]

February 20, 2013

Business

Komatsu forecasts rebound of demand in China

Despite having seen sales in China fall for seven consecutive quarters, Komatsu President Kunio Noji told Bloomberg the company expects Chinese demand to increase between 5 and 10 percent in 2013. “Our company will see an immediate earnings improvement once demand recovers because we don’t have any excess stockpiles and are able to speed production,” […]

February 18, 2013

Business

Little change in Volvo Construction Equipment net sales for 2012

Volvo Construction Equipment (Volvo CE) has released its fourth quarter and year­-end results, which report net sales for 2012 remained the same as 2011, as well as a 15-­percent share in the Chinese wheel loader and excavator segment in 2012. Volvo CE also reported 78,491 machine sales for the year, the company’s second best ever […]

February 6, 2013

Safety

HHP Summit: The safety of LNG

When the average person views Liquified Natural Gas as a dangerous, toxic fuel, liable to explode at the slightest spark, what’s an LNG provider to do?  Try wielding beakers and balloons much like Bill Nye the Science Guy might.  That’s how Erik Neandross, CEO of Gladstein, Neandross and Associates, demonstrated the safety, simplicity and non-toxic […]

September 26, 2012

Business

Maintenance

Fleet managers SPEAK OUT on the technician shortage What are the problems, what are the solutions … if any? By Tom Jackson Doug King knows all too well that good diesel mechanics are hard to find. King is an Association of Equipment Management Professionals, Certified Equipment Manager* who oversees more than 900 pieces of heavy […]

April 27, 2012

Roadbuilding

AEM President Dennis Slater: Exports equal jobs for American workers

The Association of Equipment Manufacturers (AEM) says that the growing trade deficit underscores the need to pass pending free trade agreements and that exports equal jobs for American workers. In an Aug. 15 statement released by AEM President Dennis Slater, he says that amid the growing “bad news” about the U.S. and world economies is […]

August 15, 2011

Business

AEM President Dennis Slater: Exports equal jobs for American workers

The Association of Equipment Manufacturers (AEM) says that the growing trade deficit underscores the need to pass pending free trade agreements and that exports equal jobs for American workers. In an Aug. 15 statement released by AEM President Dennis Slater, he says that amid the growing "bad news" about the U.S. and world economies is the latest government data showing a growing trade deficit, the largest since October 2008, and exports declining for a second consecutive month.

August 15, 2011

Roadbuilding

Mike Anderson’s American Iron

For the first time in a couple of years, optimism for the construction equipment industry seems a little more than the wishful thinking of a heavyweight business trying to use the ring’s ropes to not just hold itself up.

May 8, 2011