Attention Turns to China's Decelerating Growth
Just two weeks ago, the Greek debt drama overshadowed the plunge in the Shanghai stock market, but with Greece receiving a bailout (and staying in the Eurozone, at least for now), more attention is being paid to China's decelerating growth.
July 31, 2015 – National Association of Manufacturers
Export-Import Bank supporters take heart from Senate action
Manufacturers, including those here in northwest Indiana, are hoping recent action by the U.S Senate restores the Export-Import bank, which recently expired due to Congressional inaction.
July 31, 2015 – nwi.com
Colombia puts US$116mn in roadworks contracts out to tender (Login Required)
Colombia's non-concession road authority Invias has published a series of tender documents for road projects to be carried out under the country's so-called roads for equity program.
July 31, 2015 – BNamericas
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? (Login Required)
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