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Tag: equipment sales: Page 13
Dealers
Heavy equipment dealers: trade skills gap costs industry $2.4 billion a year
Construction equipment dealers are reporting significant shortages in getting skilled help, a lack that is directly impacting their bottom line, according to a survey released Wednesday by the Associated Equipment Distributors Foundation. More than 50 percent of survey respondents said the inability to find qualified workers is both hindering growth and increasing costs. AED says […]
January 21, 2016
Business
Bonus depreciation, Section 179 tax breaks extended, sent to President Obama for signature
Not only did the bonus depreciation and Section 179 tax breaks come through as expected, current legislation Congress just sent to President Obama extended both measures. Here’s a recap: Under current legislation, the bonus depreciation is extended through 2019. This allows contractors to apply a 50 percent bonus depreciation to any equipment bought during a […]
December 18, 2015
Business
Caterpillar to close Kentucky plant, cut 50 jobs
As part of the company’s ongoing, extensive cost-cutting plan, Caterpillar announced over the weekend that it would close its Danville, Kentucky, facility. According to the Northern Kentucky Tribune, Cat will close the facility, which manufactures track-type undercarriage components, and move production to “other locations.” The closure and transition are expected to be completed by 2017. A […]
November 23, 2015
Business
Liebherr expects 2015 sales to top $10 billion; U.S. sales growth at 17.9% for first half
Speaking at a press event in England, Stefan Heissler, member of the directorate of Liebherr International, said the privately-held company expects to have sales of €9.2 billion ($10.15 billion) in 2015. The diverse company—which manufacturers a mix of products such as home appliances and maritime cranes in addition to earthmoving, mining, construction cranes and concrete […]
November 9, 2015
Dealers
Vermeer names Ultimate Crew; Holt Cat hits VisionLink milestone; Orion expands & more in the latest Dealer and Manufacturing roundup
Vermeer names B&T Drainage winner of Ultimate Crew contest B&T Drainage from Marshall, Illinois, was named the winner of the Ultimate Crew Contest sponsored by Vermeer at last week’s International Construction & Utility Equipment Expo in Louisville. A panel of judges scored each team based on their times, accuracy, safety procedures and teamwork in completing a live drilling competition. […]
October 8, 2015
Dealers
Quick Data: Aerial lift sales for October 2015
October 6, 2015
Construction Equipment
What’s your state’s favorite construction machine? The top-selling heavy equipment models and types, state by state
Looking at the financed equipment data for the first six months of this year, we thought it would be a fun exercise to list which models were most popular—in terms of unit sales—by state. Our data comes from Equipment Data Associates, a Randall-Reilly division that tracks Uniform Commercial Code-1 filings used by lenders when a […]
September 9, 2015
Home
New financed construction equipment sales up 10% in April; used sales slip 1%
The total number of financed new units for all construction equipment machine types increased 10 percent compared with March, rising from 7,601 in March to 8,476 in April, according to Equipment Data Associates, which tracks financed equipment activity. Year to date through April, new equipment financed sales increased by almost 12 percent, compared with the […]
June 3, 2015
Equipment Experts
New financed equipment sales up 14% in March, led by Cat 259D; used machine sales decline 10% year-over-year
The number of financed new units of construction equipment sold or leased in March rose 14 percent compared with February, according to Equipment Data Associates, which tracks financed equipment activity. In March, 7,127 new machines were financed, compared to 6,147 in February. In addition, the number of used equipment units financed in March was […]
May 11, 2015
Construction Equipment
New financed equipment sales up 14% in March, led by Cat 259D; used machine sales decline 10% year-over-year
The number of financed new units of construction equipment sold or leased in March rose 14 percent compared with February, according to Equipment Data Associates, which tracks financed equipment activity. In March, 7,127 new machines were financed, compared to 6,147 in February. In addition, the number of used equipment units financed in March was […]
May 11, 2015
Construction Equipment
FLEET PROFILE: The top equipment and brands financed by sewer/water contractors in the last 5 years
Sewer/water contractors finance a wealth of equipment, but typically favor excavators, backhoes and wheel loaders, according to information from Equipment Data Associates. Here are the details: Types of equipment As they were with excavation and road building contractors (reported in February and March), excavators are the top financed machine of choice in the sewer/water segment […]
May 6, 2015
Dealers
Quick Data: New and used compact excavator sales for April 2015
April 2, 2015
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