Association of Equipment Manufacturers

Industry News

AEM's Industry News brings you the latest news stories from across the Web on the companies, issues, trends and technologies that affect your business.

Recent Articles


Book Now: Commodity Classic 2016 Close to Sell-Out
Exhibit space for Commodity Classic 2016 in New Orleans is nearly sold out and AEM member companies are encouraged to book space while they still can.
July 30, 2015 – AEM

Plan in hand for new Indonesian toll road
Indonesian road firm Jasa Marga will fund work on a major toll road project using a loan from state lenders, Bank Rakyat Indonesia (BRI), Bank Mandiri, Bank Negara Indonesia (BNI) and Bank Sumatera Utara (Bank Sumut).
July 30, 2015 – World Highways

More Than 200,000 Support Fuels America Petition
When we asked America to tell President Obama and the EPA to stand up to the oil industry and support renewable fuel, we expected a big response.
July 29, 2015 – Fuels America

House votes to provide money for highway aid, plug hole in veterans' health care budget
The House voted overwhelmingly on Wednesday to shore up federal highway aid and veterans' health care before heading out of town for its August recess, leaving unresolved an array of sticky issues that are sure to complicate an autumn agenda already groaning under the weight of indecision.
July 29, 2015 – U.S. News & World Report

Terex Second Quarter Net Sales Decreases
Terex Corp. posted income from continuing operations of $85.2 million or $0.78 per share, compared to $87.8 million for the second quarter of 2014, or $0.76 per share.
July 29, 2015 – RER

Asian market impact for Komatsu
Komatsu's revenues for the first quarter of the fiscal year ending June 30 were down -3.1% to JPY 446 billion (US$ 3.61 billion) compared to the same period last year.
July 29, 2015 – International Construction

Manitou Releases Q2 Results, Gehl Revenue Rises 26 Percent
Manitou released its second quarter financial results. Sales of the compact equipment products division, Gehl, increased by 26 percent.
July 29, 2015 – Construction Equipment

CNH Industrial profits down 55 percent in second quarter
CNH Industrial, the Italian maker of construction and agriculture machinery, says second-quarter earnings dropped by more than half on lower sales of combines and larger tractors in North and South America.
July 29, 2015 – WTOP

New Home Sales Fall 6.8 Percent in June
Sales of newly built, single-family homes dropped 6.8 percent to a seasonally adjusted annual rate of 482,000 units in June, according to newly released data from HUD and the U.S. Census Bureau.
July 29, 2015 – Compact Equipment

AGCO and Trimble to connect agriculture data platforms
AGCO, a worldwide manufacturer and distributor of agricultural equipment and infrastructure, and Trimble announced that they are partnering to deliver wireless connectivity between AGCO's VarioDoc and AgCommand systems and the Trimble Connected Farm solution.
July 29, 2015 – AG Professional

T G Schmeiser acquires ownership of Smart-Till's product line
T. G. Schmeiser Co., Inc. announced that it has recently acquired the Smart-Till product line on July 1, 2015 from HCC, Inc. of Mendota, Illinois.
July 29, 2015 – Farm Equipment

Will Peru infra projects suffer in Humala home stretch?
Peru's infrastructure sector could be facing a tumultuous year ahead of the country's next presidential elections.
July 29, 2015 – BNamericas

Russian economy decline slows, but recovery elusive
The sharp decline in Russia's economy may have almost run its course, official data showed on Tuesday, slowed by a huge devaluation of the rouble and heavy government spending on anti-crisis measures.
July 28, 2015 – Reuters

Cummins reports 4% revenue increase for second quarter 2015
Cummins Inc. reports results for the second quarter of 2015.
July 28, 2015 – OEM Off-Highway

Revenue growth for Kobelco Cranes
Kobelco Cranes' sales for the first quarter of the fiscal year ending June 30 were up 6.7 % to JPY 18.1 billion (US$ 146 million).
July 28, 2015 – International Cranes

Terex AWP hosts 'I Make America' event
Terex Aerial Work Platforms (AWP) recently hosted an "I Make America" event at its Redmond, WA facility to showcase how manufacturers contribute to their surrounding communities and the national economy.
July 28, 2015 – Access, Lift, & Handlers

Caterpillar to Design, Build Its Vocational Trucks
Caterpillar Inc. today announced it will begin independently designing and manufacturing its vocational truck product family at its plant in Victoria, Texas.
July 28, 2015 – Construction Equipment Guide

AGCO Sees Net Sales Fall 25% in 2Q
As demand for farm equipment softens worldwide, machinery manufacturer AGCO continues to deal with falling sales.
July 28, 2015 – AG Web

Weak markets hit Hitachi figures
Hitachi Construction Machinery's revenues for the first quarter of the fiscal year were down-5.5% on the same period last year to JPY 177 billion (US$ 1.43 billion). Its operating profit dived -62.6% to JPY 4.95 billion (US$ 40 million).
July 28, 2015 – Access International

Nicaragua signals canal construction to begin this year (Login Required)
Principal works to build Nicaragua's inter-oceanic canal will begin by end-2015, according to project spokesperson Telémaco Talavera.
July 28, 2015 – BNamericas

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