Tag: heavy equipment manufacturers

Construction Equipment

Lawsuit alleging Cat tax scheme misled shareholders dismissed

A judge dismissed a lawsuit brought on behalf of shareholders against Caterpillar tied to tax evasion penalties by the government. More on Equipment World.

September 27, 2018

Dealers

How Manitowoc Cranes is optimizing parts pricing across its distribution network

Manitowoc Cranes works to streamline operations, reduce complexity and be proactive in after-sales service. See how Manitowoc focuses on bettering business.

July 26, 2018

Dealers

Survey finds more manufacturers than dealers worry about metal tariffs, but they share same view on tax reform benefits

A survey has found that fewer dealers than manufacturers anticipate negative impacts of the steel and aluminum tariffs pushed by President Donald Trump.

May 16, 2018

Dealers

AEM’s new vice chair is John Lagemann of Deere; Scott Harris of CNH Industrial joins board

John D. Lagemann, a Deere senior vice president of sales and marketing, has been elected  2018 vice chair of the Association of Equipment Manufacturers (AEM). He fills the unexpired officer term of Jim Walker of CNH Industrial, who recently retired. Also, AEM elected Scott Harris of CNH Industrial to the association’s board of directors to […]

April 25, 2018

Construction Equipment

Cat exiting “most severe downturn in 90-year history,” targets aftermarket services as key growth area

Between 2012 and 2016, Caterpillar experienced its most severe downturn in its 90-year history, with profits dropping by 40 percent. Now under the leadership of Jim Umpleby, who took over as company president this year, Caterpillar is focused on what it calls its “Operating & Execution” model. “Profitable growth will be at the center of […]

September 15, 2017

Dealers

Caterpillar Q2 sales up 9.5%, profit jumps 45%

Caterpillar’s second quarter 2017 sales and revenues increased by 9.5 percent compared to 2016, reaching $11.3 billion. In response the company released an improved outlook for the remainder of the year. “Our team delivered an impressive quarter. As demand increased, we continued to control costs and generated higher profit margins,” says CEO Jim Umpleby regarding […]

July 25, 2017

Dealers

Curry Supply names Wilt director of marketing

Commercial service vehicle manufacturer and dealer Curry Supply has named Heather Wilt as the company’s director of marketing with responsibilities for corporate marketing strategy, advertising, event management, public relations and digital marketing. Wilt most recently served as global director of marketing and communications at an equipment manufacturer focusing on the mining and aggregate industries. Her […]

September 21, 2016

Dealers

Curry Supply expands parts distribution

Curry Supply, Martinsburg, Pennsylvania, is expanding its parts and components distribution network and is adding 32,000 square feet of warehouse and office space capacity to its East Freedom location. The facility is expected to be complete late summer. The company, which manufactures service vehicles for the construction, rental, mining, oil and gas, and waste industries, […]

August 11, 2016

Business

Liebherr reorganizes U.S. businesses under new umbrella company

German heavy equipment manufacturer Liebherr has announced that it will transition its current U.S.-based operations into a mixed-sales company called Liebherr USA. The reorganization went into affect June 1. A team of three managing directors will helm the company: Torben Reher; Peter Mayr, head of the Liebherr Construction Equipment division; and Daniel Pitzer, head of the […]

June 3, 2016

Construction Equipment

Heavy equipment manufacturers release election-themed mobile game

Hoping to reach the electorate on issues related to manufacturing during this chaotic election cycle, the Association of Equipment Manufacturers have released a game for smartphones and tablets. The I Make America Game, named for the AEM campaign launched in 2010, first presents users with one of several construction and agricultural equipment-themed mini-games before testing their […]

April 25, 2016

Business

Case CE’s Hasler to retire; company taps Harris as new North America VP

Case Construction Equipment North America Vice President Jim Hasler has announced his plans to retire following 34 years with the company. Hasler will step aside April 1. Case named Scott Harris, the current VP of Parts and Service at parent company CNH Industrial, as Hasler’s replacement. Harris has been with CNH since 2006 and has […]

March 21, 2016

Business

Volvo CE doubles operating income in 2015 despite sales decline

Despite a decrease in sales during 2015, Volvo Construction Equipment managed a huge improvement in operating income for the year thanks to market share gains and strong performance in North America and Europe. The company reported fourth quarter sales of SEK 11 billion ($1.3 billion), down 11 percent from the same period last year. Operating […]

February 9, 2016