Tag: heavy equipment dealers: Page 69

Dealers

Business Roundup: Deere sales up 23% with construction jump; Record-breaking World of Asphalt/AGG1; More contractors plan to buy equipment; Deere buys carbon fiber company

John Deere acquires carbon fiber component maker King Agro John Deere says it has signed an agreement with Spanish company King Agro to acquire the carbon fiber development firm. Financial details of the deal were not made available. King Agro has been developing carbon fiber technology products for the last 30 years, is headquartered in […]

March 13, 2018

Dealers

CCI: More contractors plan to buy equipment as confidence continues

The commercial construction industry has continued its optimism from 2017 into 2018, with increases in new business prospects, rising revenue forecasts and steady backlogs, according to the Commercial Construction Index. And for the third consecutive quarter, a higher percentage of contractors report that they expect to spend more on tools and equipment in the next […]

March 8, 2018

Dealers

Protecting aerial lift residual values, Genie intros Certified Pre-Owned program

Forecasting a significant increase in used aerial lifts coming to the market, Genie has introduced two programs designed to maintain higher used residual values for Genie machines. “The replacement cycle for aerial lifts is starting to come back again,” says Mitch Ely, Terex Aerial Work Platforms director of customer satisfaction and reconditioning. “Since we accept […]

March 7, 2018

Dealers

Equipment dealer webinars to address Google search rankings, marketing, advertising

The Equipment Dealers Association (EDA) and digital marketing firm Team SI will soon offer EDA members three free webinars on digital marketing and storytelling topics. Here are the offerings: March 27, 2018: The Basics of SEO and Directories May 29, 2018: Content Marketing 101: Tell Your Story July 24, 2018: Programmatic Advertising and Why it Matters […]

March 6, 2018

Construction Equipment

Deere sales up 23% in Q1 with 57% jump in construction equipment; tax reform has early negative impact

Due to the passing of December’s U.S. tax reform bill, John Deere reports that it posted a loss of $535.1 million during its first quarter, which ended January 28. Without changes brought on by the tax reform bill, Deere says the quarter would have brought income of $430 million on sales $6.9 billion. However, Deere […]

March 5, 2018

Dealers

Equipment Roundup: Toro unveils Dingo CUL with extendable arms; 800-hp Yenko Silverado; How to adjust CTL track tension; Ritchie Bros. Orlando photo tour; Cat signs with AT&T LTE network

Cat signs on AT&T LTE network for telematics, machine connectivity Caterpillar and AT&T have signed an agreement that will provide the former’s heavy equipment with LTE connectivity. Announced at the Mobile World Congress in Barcelona, Spain, Cat and AT&T have entered a multi-year deal that will allow Cat machines in 155 countries to network and […]

March 5, 2018

Dealers

Business Roundup: Cat to close Waco plant; Construction execs predict ‘best year ever’; Herc Rentals revenue up 16%; Kubota adds Mo.’s Farm Shop; Yancey Bros. to carry Thunder Creek; AEM names Kubota’s Stucke treasurer

Kubota’s Stucke elected 2018 treasurer for AEM Todd Stucke, senior vice president of marketing, product support, and strategic projects for Kubota Tractor Corporation, has been elected 2018 Treasurer of the Association of Equipment Manufacturers (AEM). Stucke has served on the AEM board since 2014. He’s an industry veteran with more than 25 years of experience. […]

March 5, 2018

Dealers

Biggest show floor in 20 years at well-attended Rental Show in New Orleans

Optimism was high at The Rental Show in New Orleans, with the largest floor the show has had in two decades and the best attendance since before the recession. All signs point up for a positive forecast for steady growth in equipment rental revenue, and that was reflected on a busy trade show floor during […]

March 5, 2018

Construction Equipment

AEM chief: Trump plan for steel, aluminum import tariffs will burden U.S. equipment makers

President Donald Trump’s plan to impose tariffs on imports of steel and aluminum is prompting opposition from representatives of equipment manufacturers who say they’ll be burdened with higher input costs than their foreign competitors will pay. Also reacting with concern are GOP lawmakers who blasted the plan and investors on Wall Street, where stocks tumbled. […]

March 2, 2018

Dealers

Herc Rentals sees 16% jump in equipment revenue in 4Q

Reflecting double-digit growth across all regions, Herc Holdings is reporting a 16.2-percent jump in equipment rental revenue for the fourth quarter of 2017, compared to FY16. Equipment rental revenue climbed to $414.5 million in the fourth quarter of 2017 – up from $356.7 million. Total revenues were $491.7 million in the fourth quarter of 2017, […]

March 2, 2018

Dealers

Signing up with Kubota, The Farm Shop of MO takes first step to serve contractors, too

At The Farm Shop in Edina, Missouri, co-owner Alan Dixson was waiting Friday for his first Kubota sign to arrive so he could put it up. But the word was out in these parts of Northeast Missouri, and customers were already stopping by the store to price the first wave of Kubota machines at The […]

March 1, 2018

Dealers

Construction execs predict 2018 could be ‘best year ever’; most dealers expect equipment sales to increase

New survey’s key insights: Net profits — The industry is feeling increasingly positive about net profits. A whopping 92 percent of respondents said their net profits will remain the same or increase over 2017. Equipment sales —Distributors feel upbeat about the market and expect to see increases in new and used equipment sales. Equipment rentals […]

February 28, 2018