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John Deere Updates Its 2012 Outlook
Company equipment sales are projected to increase by about 15 percent for fiscal 2012 and by about 25 percent for the third quarter compared with the same periods a year ago.
May 17, 2012 – Agri Marketing
Texada Announces Dealership Agreement With LiuGong Construction Machinery
Texada Software Inc., has announced the signing of a dealership agreement with LiuGong Construction Machinery through its wholly owned subsidiary, Noble Equipment, Inc.
May 16, 2012 – Construction Equipment Guide
Caterpillar Plans $37M Visitor's Center
The $37 million Caterpillar Visitors Center is on schedule to open the same day as its next-door neighbor, the $100 million Peoria Riverfront Museum.
May 16, 2012 – Construction Equipment Guide
Art's Way Closes Acquisition Of Universal Harvesting
Art's Way Manufacturing Co., Inc., a leading manufacturer and distributor of agricultural machinery, equipment, and services, announces that it has completed its acquisition of assets from Universal Harvester Co., Inc.
May 15, 2012 – Agri Marketing
Atlas Copco - Sacramento Celebrates Grand Opening of new Store
The Atlas Copco branch in West Sacramento celebrated its grand opening April 13 with an off-site demonstration of several new surface drill rigs in the morning, and a catered reception in the evening.
May 15, 2012 – Construction Equipment Guide
Plowing New Ground In Brazil
South Korean manufacturer LS Mtron said it has signed a protocol of intentions with the government of Santa Catarina State, Brazil, to install a tractor plant in the city of Guaruva.
May 15, 2012 – Diesel Progress
Buhler Industries Sales Up 43%, Profits Rise 68%
Sales for the quarter were the highest ever recorded by the Company in one quarter.
May 14, 2012 – Agri Marketing
Atlas Copco appoints Nitin Lall as new GM
Atlas Copco (India) has announced the appointment of Nitin Lall as general manager of the company's newly setup construction technique customer centre in India. He will take up the post with immediate effect.
May 14, 2012 – Construction Week Online
CNH Proposes $3 Million Expansion to Fargo Tractor Plant
A tractor plant in Fargo is requesting a five-year tax break on an addition that owners say will add 48 jobs with an annual payroll of more than $3 million.
May 14, 2012 – Farm Equipment Magazine
It's Week Two: AG CONNECT 2013 Is Revealing More Masters & Mavericks!
It's May 14 and Week Two of the Masters & Mavericks campaign on Facebook and Twitter.
May 14, 2012 – AEM
PPI growth for materials lows in March; recent data imply declines; steelmakers expand
The producer price index (PPI) for finished goods climbed 0.3%, not seasonally adjusted (but fell 0.2%, seasonally adjusted) in April and 1.9% over 12 months. The short-term outlook for materials costs looks relatively benign. Steel manufacturers are building capacity. Timken broke ground in late April on a $225 million plant expansion in Canton, Ohio.
May 14, 2012 – AEM
Profit doubles at Wacker Neuson
German manufacturer Wacker Neuson has reported double digit growth in the first quarter, and confirmed its forecast for 2012.
May 13, 2012 – Construction Europe
Near-sourcing brings manufacturing home
For years, the Illinois company Caterpillar made its small bulldozers in Japan.
May 13, 2012 – Waste Management World
LiuGong Construction expands DLL parternship
LiuGong Construction Machinery has expanded its partnership with DLL to include wholesale and retail financing to dealers and customers throughout Canada.
May 11, 2012 – Aggregates Manager
1st Quarter: Agrium's Sales Up 23%, Earnings Down 9%
Agrium Inc. (TSX and NYSE: AGU) announced today consolidated net earnings ("net earnings") of $155-million ($0.97 diluted earnings per share) for the first quarter of 2012, compared with the net earnings of $171-million reported in the first quarter of 2011 ($1.09 diluted earnings per share).
May 10, 2012 – AgriMarketing
AGCO Receives Government Loan To Expand Its Minnesota Plant
Officials with Federated Rural Electric, of Jackson, Minn., and USDA Rural Development on Monday presented AGCO with a $740,000 no-interest loan for up to 10 years.
May 10, 2012 – AgriMarketing
Ritchie Bros. Auctioneers To Acquire AssetNation
Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world's largest industrial auctioneer, today announced that it has agreed to acquire AssetNation, Inc., a leading online marketplace and solutions provider for surplus and salvage assets.
May 10, 2012 – AgriMarketing
FAMCO rolls out aggressive Gulf region expansion
Heavy equipment and truck sellers FAMCO (Al-Futtaim Auto and Machinery Company) has an aggressive GCC expansion plan, and is looking to gain market share in Saudi Arabia, Oman, and Qatar says managing director Paul Floyd.
May 10, 2012 – ConstructionWeekOnline
Caterpillar Sells 65% Stake in Logistics Business for $750M
Caterpillar (CAT: 96.47, +0.48, +0.50%) inked a deal on Thursday to sell 65% of its wholly-owned third-party logistics business to Platinum Energy for $750 million.
May 10, 2012 – Fox Business
Demag Cranes Q2 results
Results from Demag Cranes, now majority owned by Terex, showed it had continued to increase new orders and revenues in the second quarter of financial year 2011/2012, thanks in part to a productive port technology segment.
May 10, 2012 – Cranes Today
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