Tag: construction equipment distributors: Page 87

Dealers

United Rentals to buy Neff Corporation for $1.32 billion

United Rentals has agreed to purchase Neff Corporation for $25 per share in cash, or $1.317 billion, and expects to close on the acquisition in the fourth quarter this year. The announcement follows the end of an agreement between Neff and H&E Equipment Services, which the former dissolved as a result of the more lucrative […]

August 17, 2017

Dealers

Equipment Roundup: Komatsu WA200-8 loader; Navistar cuts medium duty engines; Nox Tiltrotator; Link-Belt 110RT crane; Manitou donates Gehl skid steers

Komatsu intros WA200-8 loader with quick coupler, lower fuel use Calling the new loader “versatile” and “useful in virtually any application,” Komatsu has introduced the WA200-8 with improvements to fuel efficiency and operator comfort. Powered by a 4.46 liter, 126-horsepower Komatsu SAA4D107E-3 Tier 4 Final engine, the WA200-8 can drop fuel consumption by up to […]

August 15, 2017

Dealers

Business Roundup: Strongco Q2 earnings; Stephenson to buy Walsh; Hyundai CE adds Newman Tractor; Franklin Equipment opens Louisville branch; Construction jobs report

Strongco Q2 revenues drop 6%, but earnings grow Ontario-based equipment dealer Strongco Corporation‘s second quarter 2017 revenues decreased roughly 6 percent compared to the same period last year, reaching $95.9 million. However, earnings before interest, tax, depreciation and amortization (EBITDA) increased dramatically compared to the second quarter of 2016, growing to $3.4 million compared to a […]

August 15, 2017

Dealers

Roland Machinery’s Bolingbrook branch joins Doosan Portable Power dealer network

Doosan Portable Power has added Roland Machinery’s Bolingbrook, Illinois, branch to its dealer network to carry the company’s line of air compressors, generators and light towers. Roland Machinery, based in Springfield, Illinois, has 15 locations in addition to its main office spread across Illinois, Indiana, Michigan, Missouri and Wisconsin. The Bolingbrook site covers the Chicago […]

August 15, 2017

Dealers

Fabick Cat donates $600,000 to six St. Louis charities in celebration of 100th anniversary

Fabick Cat recently marked its 100th anniversary with six $100,000 donations to St. Louis area charities from the dealership’s Fabick Charitable Trust. “For 100-years, Fabick Cat has supplied equipment and services that help make progress possible and improve the quality of life in our communities,” says Fabick Cat CEO Doug Fabick. “Since 1917 our motto […]

August 14, 2017

Dealers

Rich Deister promoted to executive VP at Deister Machine Co.

Representing the fourth generation of Deister leadership, Richard (Rich) M. Deister has recently been promoted to executive vice president of Deister Machine Co. “Rich has a proven track record for successfully leading large scale initiatives and driving innovation. His leadership skills are well suited to overseeing all operations of the company,” says Irwin F. Deister, Jr., […]

August 11, 2017

Dealers

Takeuchi-US adds Courson Equipment to serve northern Nevada

Takeuchi-US has added Carson City, Nevada-based Courson Equipment to its dealer network, adding to its coverage in northern Nevada. The dealership, established in 1996, will carry Takeuchi’s full lineup including excavators, skid steers, track loaders and wheel loaders. “Courson Equipment has a great customer base throughout the nine counties in northern Nevada it serves,” says […]

August 10, 2017

Dealers

Equipment Corporation of America names Harmston VP of sales, marketing

Pittsburgh, Pennsylvania-based Equipment Corporation of America (ECA) has named Jeff Harmston as vice president – sales and marketing. Harmston previously served as southeast regional sales manager for the foundation construction equipment distributor and worked out of the company’s Greensboro, North Carolina, branch since 2011. ECA says in his new role Harmston will focus on the […]

August 9, 2017

Dealers

ARA drops 2017 equipment rental forecast slightly, but predicts future growth

The American Rental Association (ARA) says in its latest quarterly update on its five-year forecast that equipment rental revenue in 2017 will reach $49.3 billion, a slight decrease from the $49.4 billion the association estimated in its last report. While this new forecast is a bit lower, it still represents a 4.3-percent increase over 2016. […]

August 8, 2017

Dealers

Equipment Roundup: Case CoPilot dozer control; Volvo VNL redesign; Older engines exempt from ELD rule; New Fascan crane; Milwaukee’s Tick equipment, tool locator

Case unveils SiteControl CoPilot: A simple, affordable dozer machine control system Case Construction Equipment has introduced a machine control solution for dozers that the company says it is positioning as an affordable bridge between automatic and indicate-only systems. SiteControl CoPilot is available as a retrofit or as a factory-installed option on select Case M Series […]

August 8, 2017

Dealers

Strongco Q2 revenues drop 6%, but earnings grow

Ontario-based equipment dealer Strongco Corporation‘s second quarter 2017 revenues decreased roughly 6 percent compared to the same period last year, reaching $95.9 million. However, earnings before interest, tax, depreciation and amortization (EBITDA) increased dramatically compared to the second quarter of 2016, growing to $3.4 million compared to a loss of $2.4 million last year. “Slow […]

August 8, 2017

Construction Equipment

Astec profit dips 22% in Q2, despite sales increase

Astec Industries reported net sales of $301.9 million for the second quarter of 2017, a 3 percent increase compared to the same period in 2016. Profit however fell 22 percent during the quarter to $14.4 million, or $0.62 per diluted share. Domestic sales decreased 2 percent to $236.9 million during Q2, while international sales increased […]

August 8, 2017