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

 

Peru's Pasco region developing US$92mn road integration project
Peru's Pasco region is working on technical studies for a 250mn-sol (US$91.8mn) road integration project, regional president Klever Meléndez was quoted as saying by state news agency Andina.
June 18, 2013 – BN Americas

SANY America Names Totem Equipment & Supply First Excavator Dealer for the State of Alaska
Totem Equipment & Supply has been named the first SANY America excavator dealer in Alaska, representing SANY in the Anchorage market.
June 17, 2013 – AED

U.S. Transportation Secretary LaHood Announces $11.5 Million in Emergency Relief Funds for Six States
U.S. Transportation Secretary Ray LaHood announced June 10, 2013, that the U.S. Department of Transportation is providing $11.5 million in emergency relief funds from the Federal Highway Administration (FHWA) to help six states cover the costs of repairing roads and bridges damaged by a variety of natural disasters in the last year.
June 17, 2013 – AED

Nicaragua Fast-Tracks Historic Project
Nicaragua is trying to revive a centuries-old dream of building an inter-ocean canal, a project experts say could take 11 years to build, cost $40 billion and require digging about 130 mi. (200 km) of waterway.
June 17, 2013 – Construction Equipment Guide

Ukraine set to sign association agreement with EU in November
Ukraine plans to sign an association agreement with the European Union in November, the press service of Ukrainian Prime Minister Nikolai Azarov quoted him as saying on Monday.
June 17, 2013 – ITAR-TASS

AEM CE Stock Index Down 1.8 Percent For Week Closing June 14
Stock prices for companies in the AEM Construction Equipment Index fell last week – all ten companies in the index had lower stock prices on June 14 compared to closing prices on June 7. The AEM Construction Equipment Stock Index fell 1.8 percent for the week ending June 14. The S&P 500 Average Index fell 1.0 percent.
June 14, 2013 – AEM

Retail Sales, Unemployment Claims Improve in May
New data from the Commerce and Labor departments indicated higher-than-expected gains in retail sales and a reduction in first-time unemployment applications in May, pointing toward a continued economic upturn. Federal lawmakers, however, remain cautiously optimistic.
June 14, 2013 – Construction Equipment

House's Deciding Moment Here with Farm Bill Vote
Does the House have what it takes to pass a bipartisan vote that has meaning in farm country? We hopefully will soon find out.
June 14, 2013 – Farm Futures

Caterpillar Announces 15-Percent Increase in Dividend Rate
Caterpillar's board of directors last week voted to raise the quarterly cash dividend by eight cents to $0.60 per share of common stock, payable Aug. 20 to stockholders of record at the close of business, July 22.
June 14, 2013 – RER

Terex Adds Full-Line Compact Equipment Distributor in Texas
Lubbock, Texas-based Wylie Implement & Spray Center now offers the full line of Terex compact construction equipment in its Amarillo, Lamesa, Lubbock, Munday, Plainview and Seminole, Texas, locations.
June 14, 2013 – RER

Approval due in August 2013 for US$400mn Lima viaduct
In Peru, the Metropolitan Municipality of Lima is expected to approve in August 2013 a US$400 million underground viaduct project, including a 10km double-carriage way road and a 1.5km tunnel under the Cerro Centinela.
June 14, 2013 – World Highways

Twitter Offers Free Analytics for All Users
It has always been difficult for Twitter users to get specific stats about their impact on Twitter, such as how many times a tweet has been favorited, the number of retweets, and how many replied a tweet received.
June 14, 2013 – ClickZ

Atlas Copco Opens Configuration Center for Hydraulic Attachments, Submersible Pumps
Representatives from Atlas Copco Construction Equipment gathered for a ribbon cutting at its new configuration center in Independence, Ohio.
June 14, 2013 – forconstructionpros.com

Bomag Signs R.B. Everett as Full Line Distributor for Eastern Texas
Bomag Americas, Inc. and territory manager Greg Shockley announce the appointment of R. B. Everett & Co. as the authorized full line Bomag equipment distributor in eastern Texas, serving the Dallas/Fort Worth market area and surrounding communities.
June 14, 2013 – forconstructionpros.com

Construction PPIs are calm in May; building suppliers signal rises but metal prices slip
The producer price index (PPI) for finished goods climbed 0.5%, not seasonally adjusted (and seasonally adjusted), in May and 1.7% over 12 months. More price increases appear to be in the offing for materials used in building construction. Contract settlements with construction unions from January to early June had an average first-year increase of 2.2% or $1.04, compared with 2.0% or $0.88 in 2012.
June 14, 2013 – AEM

Industrial Output in U.S. Unchanged as Utility Use Drops
Manufacturers in the U.S. boosted production in May for the first time in three months, signaling the worst of the industrial slump is over.
June 14, 2013 – Bloomberg

Study Shows No Direct Correlation Between RFS, Rising Food Prices
BF Economics released a detailed analysis showing no direct correlation between the Renewable Fuel Standard (RFS) and the overall increase in food prices.
June 14, 2013 – AgriMarketing.com

NAPA Endorses GAO Call For Support for LCCA Cost-Estimating Practices
The National Asphalt Pavement Association (NAPA) backs the recommendations released by the Government Accountability Office (GAO) regarding the need for federal support to the states in their use of life-cycle cost analysis (LCCA) for federal-aid highway projects.
June 13, 2013 – forconstructionpros.com

Graeme Macdonald to become JCB CEO
Graeme Macdonald is to take the reins as CEO of construction equipment manufacturer JCB at the end of this year, when current CEO Alan Blake retires.
June 13, 2013 – Construction Europe

Poland invests in road network
Poland is expected to announce up to 50 tenders for road works worth more than ?8 billion throughout 2013.
June 13, 2013 – Construction Europe

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