Tag: dealer news: Page 21

Dealers

Equipment Roundup: Kobelco SK270; Mack discontinues Titan, MP10 engine; Dynapac Generation VI rollers; Kubota SVL75-2 CTL; Stihl pressure washers

Kobelco intros SK270 short rear swing excavator, upgrades SK230 Kobelco Construction Machinery USA has introduced one new short rear swing excavator, the new SK270SRLC-5, and has announced updates on its SK230SRLC-5 model. The 21-foot-9-inch dig depth SK270 has a digging force of 31,700 pounds and a maximum digging reach of 32 feet, 3 inches. While […]

February 6, 2017

Dealers

Business Roundup: 2016 construction spending, Volvo CE Q4 results, Cat HQ move, JLG closings, Atlas Copco spinoff

Year-end report: Construction spending dips slightly in December, shows 4.5 percent year-over-year gains in 2016 U.S. construction spending in December was 0.2 percent below the revised November estimate, yet still 4.2 percent over the December 2015 figures, according to numbers released by the U.S. Census Bureau. Also releasing its year-end numbers, the Bureau places the […]

February 6, 2017

Dealers

Kobelco adds Grove River Machinary to dealer network in Georgia

Kobelco Construction Machinery USA has added Grove River Machinery to its dealer network to serve customers in the Southeast Georgia region. “The Kobelco brand has an excellent reputation for being a proven, high quality product,” sales Dale Richbourg, Sales Manager of Grove River Machinery. “We saw an opportunity to become a Kobelco dealer in our area […]

February 6, 2017

Dealers

Ritchie Bros. auction features more than 7,200 items, Volvo Golden Hauler

The Ritchie Bros. February Orlando auction, set for Feb. 20-24 has more than 7,200 items consigned from more than 650 equipment owners. It also will feature Volvo’s 50th anniversary “Golden Hauler” articulated dump truck to be sold for charity. The company says some of equipment available for auction so far include 520 excavators, 195 wheel […]

February 3, 2017

Dealers

Hyundai CE Dealer Rueter’s adds branch in southern Minnesota

Hyundai Construction Equipment Americas dealer Reuter’s has opened a new branch in Albert Lea, Minnesota, expanding the Carroll, Iowa-based operation into the southern part of the state. The company, founded in 1951, has seven other branch locations serving Iowa, Nebraska and southeastern South Dakota. “Hyundai congratulates one of our long-established dealerships, Rueter’s, on its continued […]

February 2, 2017

Dealers

IronPlanet names Calhoon as vice president of data analytics and machine learning

Online equipment auctioneer IronPlanet has named Ken Calhoon as its vice president of data analytics and machine learning in charge of improving online and onsite event performance using “key data-based performance drivers.” The company says Calhoon has more than 30 years of experience in roles at Bain & Company, Mitsubishi Electronics, Forrester Research (vice president/consulting […]

February 1, 2017

Dealers

John Deere partners with Foresight Intelligence as daily machine alert provider for dealers

John Deere Construction and Forestry has added Foresight Intelligence as an endorsed construction data solutions provider for its network of dealers to use in managing daily machine alerts with its customers as part of its WorkSight telematics system. Foresight Intelligence’s Intelligent Alert Triage Center (IATC) is designed to allow dealers to capture, consolidate and prioritize […]

January 31, 2017

Dealers

ARA expects equipment rental revenue to reach $48.9 billion in 2017

In its latest five-year forecast, the American Rental Association (ARA) expects equipment rental revenue for 2017 will reach $48.9 billion, and grow 4.3 percent per year to reach $56 billion by 2020. The latter is an increase of $500 million compared to the previous 2020 forecast of $55.5 billion released in November 2016. ARA Vice […]

January 31, 2017

Dealers

Equipment Roundup: KCM 80Z7 wheel loader, Kubota KX033-4 compact excavator, John Deere 450K crawler dozer, Case SV340 skid steer, Fayat purchase of Dynapac

KCM intros Tier 4 Final version of 80Z7 wheel loader The Tier 4 Final version of the 80Z7 wheel loader has been released by KCM Corporation. Equipped with a 4.2 -cubic-yard general purpose bucket, the loader is powered by a 200-gross-horsepower Cummins QS86.7 engine. The machine has no diesel particulate filter (DPF), which eliminates the […]

January 31, 2017

Dealers

Business Roundup: News on Caterpillar, global rental market forecast, Ring Power, McBride Mack, new I-9 forms

Caterpillar reports $38.5 billion sales and revenue for 2016, $0.11 per share loss Caterpillar Inc. has reported an 18 percent drop in sales and revenues for all of 2016 at $38.5 billion, with a per share loss of $0.11 for the year. That compares to 2015, when the company reported full-year sales and revenue of […]

January 31, 2017

Dealers

Southwest Material Handling launches JCB of Las Vegas

Southwest Material Handling Inc. has launched a JCB-dedicated location, JCB of Las Vegas, to round out its business and offer the full line of JCB construction equipment. “The construction and landscape industries are continuing to grow in Las Vegas, so we’re particularly excited to offer JCB’s compact and mid-range machines,” says Kirt Little, president & […]

January 30, 2017

Dealers

United Rentals to buy NES Rentals for $965 million, reports flat financials for 2016

United Rentals plans to purchase NES Rentals Holdings II for roughly $965 million in cash, with an expected close of the deal in the second quarter this year, following regulatory clearance and conditions. “The NES agreement satisfies the rigorous strategic, financial and cultural standards we set for acquisitions,” says United Rentals President & CEO Michael […]

January 27, 2017