Tag: Construction Equipment Distribution: Page 2

Dealers

Business Roundup: JCB wins AEM award; AGCO sales jump; Engcon establishes U.S. HQ; Danfoss acquires Visedo; Vandalia Rental opens Cincinnati branch

JCB honored with AEM’s Pillar of the Industry award JCB received the “Pillar of the Industry” award from the Association of Equipment Manufacturers (AEM) in recognition of its work to improve the business environment for the equipment manufacturing industry, its efforts to advocate for pro-manufacturing solutions, and its participation in AEM’s “I Make America” grassroots […]

November 14, 2017

Dealers

Herc 3Q rental revenues jump 15%, profit quadruples

Herc Holdings is posting a jump of nearly 15 percent in equipment rental revenues for the third quarter of 2017 over the same period a year ago. And to meet increasing demand, the company plans a hefty hike in its capital expenditures. Equipment rental revenues for the third quarter were $413.1 million, a 14.7 percent […]

November 13, 2017

Dealers

Yanmar opens new Ga. training center with dealers, brand outreach in mind

Two years ago, the Yanmar corporate office started to re-examine its brand with this question in mind: Does everyone know who Yanmar is? When it came to North America, the answer was, sort of. Its marine motors are well-known among recreational boaters, but its construction equipment, tractors and myriad other products don’t share the same […]

November 10, 2017

Dealers

AGCO posts 12.8% 3Q sales jump

Despite low market demand, AGCO is reporting net sales of about $2 billion– up by 12.8 percent for the third quarter of 2017 compared to the same period a year ago. AGCO, which makes and distributes the Massey Ferguson, Challenger, Fendt, Valtra and GSI brands of agricultural equipment, reported net income at 76 cents […]

November 9, 2017

Dealers

Vandalia Rental opens third branch, expands to Cincinnati area

Vandalia Rental continues its growth with the opening of a new location in Sharonville, Ohio, in the greater Cincinnati area. The third-generation family-owned business marks its second opening of a new location in less than two years. It opened a branch in Franklin, Ohio, in June 2016. The company is based in Vandalia, Ohio, where […]

November 8, 2017

Dealers

Equipment Roundup: Cummins unveils first crate engine; Cat’s new universal coupler; Dealers preview new Kubota machines; Liebherr PR 766 dozer; Eterra Typhoon 74 brush mower

Cummins unveils its first crate engine, the R2.8 Turbo Diesel Admit it. You’ve always wanted a diesel. You dreamed of what you could do with that torque. Now you can have one and retrofit it into an older truck or Jeep and not have to pay a fortune for a new model. At SEMA Wednesday, […]

November 7, 2017

Dealers

Business Roundup: Liebherr sees orders jump; Tax overhaul a mixed bag for dealers; Proposed AWP standards would affect rentals; Dealer Institute course on managing iron; New Atlas Copco VPs; Construction starts predicted to rise

Liebherr sees “significant” jump in orders; uses start-up culture to launch products Liebherr says it will add 2,240 employees by the end of this year, seeing what Stefan Heissler, member of the board of directors of Liebherr-International AG, calls a “very significant jump in orders” in 2017. In the first six months of 2017, Liebherr […]

November 7, 2017

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

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