Tag: heavy 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

Dealers

Quick Data: Double-drum compactor sales for January 2016

January 18, 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

Construction Equipment

Bonus depreciation, Section 179 poised for year-end boost?

If it’s mid-December, it must be time for Congress to extend the bonus depreciation just in time for late holiday equipment shopping. As in 2014, Congress appears poised to extend the bonus depreciation, giving contractors the chance to buy new equipment before Dec. 31st to take advantage of a 50 percent bonus depreciation. The caveat: […]

December 10, 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

Dealers

Quick Data: Dozer sales for November 2015

November 17, 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

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

Dealers

Quick Data: New and used wheel loader sales for July 2015

July 2, 2015

Construction Equipment

FLEET PROFILE: The most popular heavy equipment and brands among a sample of excavating contractors in the last 5 years

We were also interested in how a contractor’s buy list might change as he increased in size. For example, what would be the top three types of equipment for a contractor with annual sales of less than $5 million, compared to one with sales of more than $16 million? For this study, we looked at […]

March 2, 2015

Construction Equipment

Used heavy equipment values, auction sales fall in January

The Rouse Rental Report for January activity indicated an 0.9-percent decrease to 46.2 percent in orderly liquidation values (OLV) from December across the 14 rental categories the organization tracks monthly. The OLV figure is “a percentage of replacement cost for the average age of equipment sold within that category.” This was a slight dip for the index, […]

March 2, 2015

Business

John Deere 1Q profit plummets 43% as ag slowdown continues; further declines expected

In recent years, as the effects of the recession were hammering the construction industry and the profit margins of heavy equipment manufacturers, John Deere posted 15 straight quarters of record earnings on the strength of its farm equipment sales. And now, as construction is fighting its way back, a global slowdown in the agricultural sector […]

February 22, 2015