All Business & Finance Articles
The 11 March earhtquake could mean disruption to the supply of hydraulic components and engines to the global construction equipment industry according to Caterpillar chairman & CEO Doug Oberhelman.
JCB to build $100 million factory in Brazil for excavators and backhoe loaders.
Skyjack has extended the sphere of influence of Brad Boehler: previously vice president of engineering, Mr Boehler has added vice president of sales and marketing to his job title.
Liebherr Group increased turnover by about 9% or US$823 million in the 2010 financial year to $10.1 billion, but the crane divisions fared less well
Komatsu said it hoped to resume normal production levels in mid-April following the earthquake and tsunami in Japan.
The chairmen of Terex and Topower joined each other at the official opening ceremony of the two companies' joint venture in China
Manitex International has seen a significant rise in 2010 performance thanks to an expansion programme and cost controls
Japanese rental giant Kanamoto established a disaster task force on the day of the earthquake and tsunami and like its competitors is doing its best to help in the recovery efforts. All its staff in the affected areas are “alive and safe”.
Respondents to the March CE Barometer survey think new build sectors will be the most attractive this year - particularly civil engineering. It is a complete reversal from the sentiment a year ago.
March saw the CE Barometer retain the gains it made from February, when sentiment bounced-back after tough winter conditions the traditional New Year break in activity.
Monthly output comparison shows growth, but weakening annual figures persist
Higher profit from one-off gains mask a drop in Italian builder’s underlying revenues
US fire equipment manufacturer Pierce Manufacturing is to be exclusive distributor in North America of Bronto Skylift’s firefighting aerial platforms. Bronto will continue to sell its platforms to non-fire fighting markets through its existing distribution network.
German cement maker cautiously optimistic on European and US recovery
Recovery driven by large developing countries, but Europe, North America and Japan also improving.
Buoyancy in Germany and France will be offset by declines in Italy, Spain and the UK.
Volvo Construction Equipment CEO Olof Persson to take over as group president while the company plans US manufacture of loaders, excavators and haulers
Japan’s rental industry is working hard to provide back-up for the country’s rescue operations following the earthquake and tsunami last Friday but is being severely hampered by shortages of equipment and fuel.
ERA/IRN RentalTracker survey for Q1 2010 is ready to complete and is available in English, French, Spanish, Italian and German.
Industry heads back into growth, although non-compliant machinery still causing problems.
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