Tag: equipment business news

Business

CNH Industrial 2016 revenues down 4% to $24.9 billion, net loss for the year

CNH Industrial reports $24.9 billion in revenue for 2016, down 4 percent compared to last year, with a net loss of $249 million following a non-tax deductible charge of $551 million following a European Commission settlement and a $60 million charge related to the repurchase of parts of Case New Holland Industrial Inc. Adjusted net […]

February 3, 2017

Business

JLG to close manufacturing at Orrville, Ohio plant, shutter two European facilities

JLG Industries, part of the Oshkosh Corporation, plans to shut down the manufacturing lines at its Orrville, Ohio, telehandler plant by Sept. 30 this year, and will move all North American telehandler production to its Pennsylvania sites. It also plans to close the Maasmechelen, Belgium, manufacturing and pre-delivery inspection (PDI) facility within 18 months, and […]

January 30, 2017

Dealers

Business roundup: H.O. Penn Cat renovation, Morbark parts price management, Yanmar customer experience center, rental equipment forecast, JLG marketing manager

Stalco Construction completes H.O. Penn Cat’s expansion and renovation Stalco Construction has completed the expansion and renovation of the parts and service departments and rental area of 93-year-old H.O. Penn Cat. The company renovated 5,000-square feet of the first floor of H.O. Penn’s site in Holtsville, N.Y. on Long Island. “The renovation has significantly improved […]

November 14, 2016