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

 

Caterpillar 2Q Profit Rises, Revenue Declines
Caterpillar's second-quarter net income rose 4.1 percent even as revenue slipped.
July 24, 2014 – ABC News

Terex Q2 revenues up +10%
Terex's sales for the second quarter of the year were US$ 2.06 billion, a +10.4% rise on the same period in 2013. The company made a net profit of US$ 140 million in the three-month period, compared to just US$ 21 million a year ago.
July 24, 2014 – International Construction

VDMA reports increase in German equipment sector
A report from the German construction and building equipment manufacturer's association, the VDMA, reveals steady sales for 2014.
July 23, 2014 – World Highways

Senate to vote on ending the gas tax
The Senate will hold a vote this week on a proposal that would eliminate most of the gas taxes that are paid by drivers in the United States.
July 23, 2014 – The Hill

Doosan Expands Dealer Network in Wyoming
Doosan has expanded its dealer network with the addition of Bobcat of Caspar and Bobcat of Gillette as authorized sales, service and rental providers of Doosan equipment. The companies have service customers throughout Wyoming for 28 years.
July 23, 2014 – RER

Bandit Industries Reaches Recapitalization Deal with Huron Capital Partners
Huron Capital Partners and Bandit Industries have entered into a letter of intent to recapitalize Bandit as a private company and to provide resources and capital to reinforce Bandit's continued record growth while accelerating the company's global growth strategy.
July 23, 2014 – RER

Judge Rules for Manitowoc in Patent Case Against SANY
The United States International Trade Commission has issued an initial determination that Sany infringed on patents held by Manitowoc.
July 23, 2014 – Construction Equipment

Calder Brothers Celebrates 20 Years in Business
Calder Brothers Corporation, manufacturer of Mauldin Paving Products, celebrated its 20th year of operations on June 27 in a private function held at its factory in Taylors, S.C.
July 23, 2014 – Construction Equipment Guide

Central Atlanta Tractor Adds SANY Line, Makes First Sale
Central Atlanta Tractor Sales, based in Austell, Ga., recently became the SANY excavator dealer of central and north Georgia, and the first SANY excavator was sold to Tag Grinding Services Inc. in Palmetto, Ga.
July 23, 2014 – Construction Equipment Guide

Yanmar and Kobelco Agree to Expand Exchange of Mini Excavators
Yanmar Construction Equipment Co., Ltd. and Kobelco Construction Machinery Co., Ltd. have reached an agreement on the expansion of the OEM supply of mini excavators.
July 23, 2014 – forconstructionpros.com

CONEXPO Latin America holds successful exhibitor-info meeting
CONEXPO Latin America conducted a well-attended and well-received exhibitor-information meeting recently in Santiago, Chile; construction equipment manufacturers and related industry companies learned details directly from show organizers about exhibiting at this world-class event that is bringing the unique CONEXPO brand of quality and value to the region.
July 23, 2014 – ThomasNet

Builder Confidence Surpasses Key Benchmark in July
Builder confidence in the market for newly-built single-family homes reached an important milestone in July, rising four points to a reading of 53 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Any reading over 50 indicates that more builders view sales conditions as good than poor.
July 23, 2014 – Compact Equipment

Illinois Governor signs $1B plan for road repairs
Illinois Gov. Pat Quinn has signed a $1 billion capital spending plan, intended to create jobs and help repair the state's roads and bridges.
July 23, 2014 – Better Roads

China manufacturing activity at 18-month high
China's manufacturing activity grew at its fastest pace in 18 months in July, an initial survey by HSBC showed, the latest in a series of signs that the country's economy may be stabilizing.
July 23, 2014 – BBC News

House trade leaders look to lame duck for TPA
A vote on whether to renew presidential "fast-track" Trade Promotion Authority (TPA) likely will be delayed until after the lame duck session of Congress, according to two House members. TPA gives a president authority to negotiate a treaty that Congress must approve or disapprove, but cannot change or filibuster.
July 23, 2014 – AgriPulse

Proposed Nicaragua canal creates environmental concerns
The route proposed by Chinese group HKND for Nicaragua's US$40bn inter-oceanic canal has raised concerns from several environmental organizations.
July 23, 2014 – BNamericas

Minas Gerais tender roundup: Highway construction and supervision
The highway department of Brazil's Minas Gerais state (DER) has called two civil works and one supervision tender worth a total of 47.0mn reais (US$21.2mn) to pave and improve state roads.
July 23, 2014 – BNamericas

Mexico eyes Monterrey-San Antonio transport corridor
Mexico's transport and communications ministry (SCT) seeks a consultant to carry out the conceptual design of an intermodal transportation corridor between Monterrey, Nuevo León state, and the US city of San Antonio.
July 23, 2014 – BNamericas

Construction gets a boost in June
New construction starts in June advanced 6 percent to a seasonally adjusted annual rate of $549.7 billion. That's the highest level so far in 2014, according to McGraw Hill Construction, a division of McGraw Hill Financial.
July 22, 2014 – Pit & Quarry

Corn, Soybean Crops Ahead of 5-Year Average
Yesterday, USDA reported that both U.S. corn and soybean crops are progressing well and continue ahead of their 5-year average in terms of development. The condition of both crops remains strong with good potential to produce record setting yields.
July 22, 2014 – Farm Equipment

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