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

 

Partners secure financing for 215 MW wind power project in Panama
Goldwind USA, the US unit of Xinjiang Goldwind Science & Technology, said the International Finance Corp. of the World Bank has financed the 215 MW second phase of the Penonome Wind Project located in the province of Cocle, Panama which will use 86 Goldwind 2.5 MW permanent magnet direct drive wind turbines.
December 17, 2014 – Utility Products

New Holland wins four AE50 Awards
New Holland Agriculture and Construction has been honored with four prestigious AE50 Awards for smart engineering innovations by the American Society of Agricultural and Biological Engineers (ASABE).
December 17, 2014 – OEM Off-Highway

Three Volvo Group facilities earn top positions in Superior Energy Performance Program
Three Volvo Group North America sites occupy the top three positions in the U.S. Department of Energy (DOE) Superior Energy Performance (SEP) program, recording the highest energy performance improvements among Platinum level partners.
December 17, 2014 – OEM Off-Highway

JLG reorganizes global AWP marketing group
JLG Industries, Inc., an Oshkosh Corporation company, has reorganized its aerial work platform (AWP) product marketing team.
December 17, 2014 – Access International

Confidence in the Equipment Finance Industry Remains Steady in December
The Equipment Leasing & Finance Foundation (the Foundation) released the December 2014 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), which showed confidence in the equipment finance market is 63.4, steady with the November index of 64.2.
December 17, 2014 – forconstructionpros.com

Liebherr Construction, Mining Turnover Drops in 2014
For the 2014 business year, the Liebherr Group is currently anticipating an overall turnover of $10.99 billion. In the area of construction machines and mining, a decline is expected. For the other areas, the 2014 figures are higher than the previous year's.
December 17, 2014 – Construction Equipment

Global sales of construction equipment may bounce back next year
Global sales of construction equipment, which have fallen from $106 billion in 2011 to $94 billion in 2013, are expected to fall to $92 billion in 2014, according to Off Highway Research, a consulting firm in the space.
December 17, 2014 – Hindu BusinessLine

Krone Announces Opening Of New Technology Center In Germany
The worldwide headquarters' of Krone located in Spelle, Germany is pleased to announce the opening of their new Technology Center.
December 17, 2014 – AgriMarketing

IN BRIEF: IDB approves US$500mn line of credit for Nicaragua (login required)
The Inter-American Development Bank (IDB) approved a US$500mn line of credit for the Nicaraguan government to finance infrastructure projects, among other works.
December 17, 2014 – BNamericas

Kondex Earns AE50 Award for New Disc Mower Knife Design
Kondex Corporation has been named a winner of the American Society of Agricultural and Biological Engineers' AE50 Award for a second consecutive year.
December 17, 2014 – Fond du Lac Reporter

New Russian tunnel for Rostov-on-Don
In Russia the new Severny tunnel is planned for Rostov-on-Don. This four-lane tunnel will be 3.5 km long, and will be designed to carry up to 60,000 vehicles/day.
December 16, 2014 – World Highways

Iowa governor determined to find funding solution
Iowa Gov. Terry Branstad believes there is a bucket full of solutions for his state's road and bridge funding woes, and he is determined find one that will receive bipartisan support. You could call it Iowa's Bucket Challenge of 2015.
December 16, 2014 – Roads & Bridges

Idaho Governor Visits Multiquip Boise Facility
Multiquip Inc. recently welcomed Idaho Governor C. L. "Butch" Otter and his executive team for a tour of its Boise, Idaho facility.
December 16, 2014 – forconstructionpros.com

AGCO Announces $500 Million Share Buyback Program
AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, today announced that its Board of Directors has authorized a share repurchase program of up to $500 million of the Company's common stock.
December 16, 2014 – AgriMarketing

CNH, Evogene To Develop Castor Bean Harvester
Evogene Ltd.(NYSE:EVGN) (TASE:EVGN) and CNH Industrial Latin America Ltda., a subsidiary of CNH Industrial N.V. (NYSE:CNHI) (MI:CNHI), announce today the ongoing cooperation between CNH Industrial and Evofuel Ltd., Evogene's wholly-owned subsidiary.
December 16, 2014 – AgriMarketing

Unasur March meeting to study inter-oceanic railway (login required)
South American group of nations Unasur plans to hold a meeting in March to study the US$7.5bn inter-oceanic railway project, a Bolivian government official said.
December 16, 2014 – BNamericas

SDLG adds new dealer in Wisconsin
Aring Equipment Company, which lies just outside of Milwaukee, WI, has joined the SDLG dealer network, further extending the company's complete lineup of wheel loaders in the Midwest.
December 15, 2014 – OEM Off-Highway

Sunbelt Rentals Enters Canadian Market with Acquisition of GWG Rentals
Sunbelt Rentals, the second largest equipment rental in North America, has made its first foray into the Canadian rental market with the acquisition of GWG Rentals Ltd., a six-location company serving British Columbia and Alberta.
December 15, 2014 – RER

Funding for Valparaíso-Santiago railway studies secured (login required)
Local officials in Chile's Valparaíso region (V) voted to allocate 150mn pesos (US$242,950) to finance a prefeasibility study for a passenger and cargo railway between Valparaíso city and capital Santiago.
December 15, 2014 – BNamericas

Stabenow: Section 179 Vote Likely in the Next Few Days
Farmers who want to know whether they'll be able to deduct $25,000 or $500,000 on their latest machinery purchase in 2014 will have to sit tight for a few more days.
December 14, 2014 – AgWeb

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