Tag: equipment dealer: Page 80

Dealers

Cat dealer given OK to establish distribution center in Cuba

Almost two years after Caterpillar—then symbolically—named Rimco as its dealer in Cuba, the Miami Herald is reporting that Cat’s Puerto Rican dealer has been given the OK to set up a warehouse and distribution center in the country. And a Cuban newspaper has reported that a shipment of John Deere agricultural equipment was expected to […]

November 6, 2017

Construction Equipment

Terex posts 70% jump in 3Q profit

Terex Corporation reports that income from continuing operations soared 70 percent in the third quarter of 2017 to $56.6 million – up from $33.3 million for the same period a year ago. Terex posted earnings of 63 cents per share in the quarter, compared to 31 cents reported a year ago.   “Our third quarter […]

November 3, 2017

Dealers

Dealer Institute offers course to better manage used iron

Dealers understand that having the right inventory is the first step to increasing revenue and profitability. To that end, the Western Equipment Dealers Association (WEDA) is offered a course on how to best manage this key asset. The iron management course on used inventory control focuses on your organization’s key leaders and staff, according to […]

November 2, 2017

Dealers

Dealers preview Kubota’s new compact excavators, RTV, tractors

Dealers got a hands-on preview of Kubota’s two new compact excavators, available in early 2018, as well as the company’s fastest gas-powered RTV yet and seven new tractors in the M Series lineup. About 1,100 dealers attending Kubota’s annual meeting October 21-25 in Phoenix, Arizona, saw the KX033-4 with extendable dipper arm along with the […]

November 1, 2017

Dealers

Proposed aerial-lift standards would affect rental dealers, contractors

New standards could soon be coming to the U.S. aerial work platform industry that will lead to major changes to the machines, how rental shops deal with their customers and how contractors plan projects. Manufacturers, such as Genie, are already making plans for the ANSI A92 standards with design changes to their aerial lift products, […]

October 31, 2017

Dealers

EDA: Tax overhaul plans bring benefits, concerns for equipment dealers in U.S and Canada

Equipment Dealers Association (EDA) says a new plan for overhauling the U.S. tax code could benefit dealers and their customers in a big way. But they’re also worried dealers could be hit hard as tax writers hunt for revenues to pay for reduced tax rates and other reform proposals. The FY18 tax reform plan […]

October 31, 2017

Dealers

Business Roundup: OKC plant key to Genie’s global play; Doosan Bobcat donates machines for training; Volvo to sell Allied hammers; Proxibid, RES deal

Oklahoma City plant part of Genie’s response to global competition Genie sees its Oklahoma City facility as a perfect example of where the aerial device manufacturer’s future lies – the result of global growth and local responsiveness. The company breathed new life into the plant that had once manufactured parent company Terex’s road paving equipment. […]

October 31, 2017

Dealers

Strong rentals, sales and record utilization boost H&E 3Q revenues 5.9%

At a glance: Third-quarter revenue results: New equipment sales increased 9.3 percent to $48.9 million, up from $44.8 million a year ago. Used equipment sales increased 7.9 percent to $22.3 million, compared to $20.6 million a year ago. Parts sales rose about 1.6 percent to $27.8 million from $27.3 million in third-quarter 2016. Service revenue remained the same – $16.1 million. Driven by strength in […]

October 27, 2017

Dealers

Volvo dealers to sell Allied hydraulic hammer products

Volvo Construction Equipment dealers will now sell Allied hydraulic breakers and other aftermarket attachments through a new partnership of the two companies. Volvo has decided to drop its line of similar products and instead offer the Allied products through its North American dealers. “Instead of competing with industry leaders like Allied, who exclusively sell breakers, […]

October 26, 2017

Dealers

Doosan Bobcat donates machines to regional training centers

Doosan Bobcat North America has donated seven Bobcat machines to four regional vocational schools for service technician training programs. The donated equipment includes compact track loaders, compact excavators, wheel loaders and Versa-HANDLER telescopic tool carriers. The machines were delivered to Minnesota State Community and Technical College, Moorhead, Minnesota; Madison Area Technical College, Madison, Wisconsin; State […]

October 25, 2017

Dealers

Business Roundup: Cat dealer moves to $20M HQ; IronPlanet buyers get Ritchie Bros. financing; Vermeer MidSouth celebrates 30th year; AED diesel technician certification

Kansas Cat dealer moving to new $20M headquarters Caterpillar dealer Foley Equipment Co. is moving to its expanded Wichita, Kansas, headquarters, according to the Wichita Business Journal. The company is relocating its departments and personnel to the more than $20 million headquarters, which includes 160,000 square feet across two buildings, the Journal reports. The new […]

October 24, 2017

Dealers

Vermeer MidSouth celebrates 30-year anniversary

Marking 30 years in the business, Vermeer MidSouth is celebrating its growth from eight employees at the start to more than 60 employees today. Founded with two stores in Memphis, Tennessee, and Jackson, Mississippi, the company now has five branches with dealerships in four states: Mississippi, Arkansas, Western Tennessee, and Northern Louisiana. “This company has […]

October 23, 2017