Association of Equipment Manufacturers


Industry News

Recent Articles

2015 seen as year of adjustment for Brazil railways (login required)
Next year will be a year of adjustment for Brazil's railway industry, Vicente Abate, president of national rail equipment manufacturers' association Abifer, told BNamericas.
October 24, 2014 – BNamericas

2 groups vying for Rio metro line consultancy (login required)
Rio de Janeiro state has shortlisted two consortiums for the 35.5mn-real (US$15.8mn) consultancy tender to prepare a basic plan to build the No. 4 metro line in time for the 2016 Olympics.
October 23, 2014 – BNamericas

Caterpillar Crushes Expectations And The Stock Is Going Nuts
Caterpillar's Q3 financial results beat analysts' expectations, and now the stock is spiking.
October 23, 2014 – Business Insider

Morocco's new national road plan
Morocco's Ministry for Infrastructure and Transport is developing a new national road plan.
October 23, 2014 – World Highways

Shaky Japanese economy hit by growing trade deficit
Japan's shaky economy was dealt another blow Wednesday, as official data showed a widening September trade deficit that puts the world's number-three economy on track to log a record annual shortfall.
October 22, 2014 – AFP

German engine manufacturer Deutz not to meet full year earnings
German engine manufacturer Deutz Group warned that a third quarter dip in sales revenue and warranty issues concerning its Compact Engines segment meant the company will not meet its previous forecast for the financial year 2014.
October 22, 2014 – World Highways

New congestion busting plan for Philippines
A new transport plan is being drawn up in the Philippines in a bid to deal with the country's frequent traffic delays.
October 22, 2014 – World Highways

McCarthy: GOP will build off highway, port funding bills
House Majority Leader Kevin McCarthy (R-Calif.) said Wednesday that Republicans would build off a 2012 highway funding and 2014 port spending measure to implement more reforms of government programs if they maintain the majority of the House in next month's elections.
October 22, 2014 – The Hill

Atlas Copco Posts Record Q3 Revenues
Sweden-based construction and industrial equipment manufacturer Atlas Copco posted SEK 23.6 billion (about U.S. $3.24 billion) in the third quarter, a 14.8-percent increase compared to the same period a year ago.
October 22, 2014 – RER

IPAF's North American Meeting Updates Industry
The International Powered Access Federation (IPAF), a non-profit organization that promotes the safe and effective use of powered access equipment worldwide, held its annual North American Convention in Toronto, Ontario, at the beginning of October.
October 22, 2014 – Lift & Access

Projected Corn Gross Revenues Down in 2014 and 2015
Per acre gross revenue for corn in 2014 is projected to be $808 per acre in northern Illinois, $292 lower than the 2011 through 2013 average of $1,100 per acre.
October 22, 2014 – Farm Equipment

Jesco Breaks Ground on New Long Island Facility
Jesco Incorporated, a John Deere construction equipment dealer in four states throughout the Northeast, has broken ground on its newest facility in Babylon, N.Y.
October 22, 2014 – Construction Equipment Guide

Woburn, Mass.'s Woodco Machinery Joins SDLG's Growing Network
Following the addition of four new dealer locations in Canada, the United States also is adding a further location offering SDLG wheel loaders. Woodco Machinery, based in Woburn, Mass., joined the SDLG dealer network in September.
October 22, 2014 – Construction Equipment Guide

EPA Launches Voluntary Drift Reduction Technology Program
The Environmental Protection Agency (EPA) is announcing a new voluntary Drift Reduction Technology (DRT) program to encourage the use of verified, safer pesticide spray products to reduce exposure and pesticide movement while saving farmers money in pesticide loss.
October 22, 2014 – AgriMarketing

Paraguay receives 13 bids for Chaco roadworks (login required)
Paraguay's public works and communications ministry MOPC closed bidding on a 1,625km roadworks contract in the Chaco region.
October 22, 2014 – BNamericas

BMI: Slow Infrastructure Recovery Ahead for Argentina
BMI View: We forecast a return to growth for Argentina's construction industry at 1.1% in 2015 after an estimated contraction of 2% in 2014.
October 21, 2014 – AEM

China economy grows at slowest pace in 5 years
China's economic growth waned to a five-year low of 7.3 percent last quarter, raising concerns of a spillover effect on the global economy but falling roughly in line with Chinese leaders' plans for a controlled slowdown.
October 21, 2014 – AP

Jason Andringa Transitioning to Vermeer President, CEO
Vermeer Corp. announced that a third generation of the Vermeer family is set to lead the company into the future with the transition of Jason Andringa to President and CEO effective Nov. 1, 2015.
October 21, 2014 – Utility Conrractor

Gov. Quinn backs Illinois Jobs Now! project with road funding
News out of Springfield announced that Ill. Governor Pat Quinn (D) has authorized a $2.2 million resurfacing project in Will County that will see the resurfacing of 2nd Street to U.S. 45 in Manhattan and Wilton Townships. Gallagher Asphalt Corp. of Thornton, Ill. won the job.
October 21, 2014 – Roads & Bridges

Titan International CEO provides outlook for future of industry
Titan International CEO Maurice Taylor has released an outlook for the future of the tire industry.
October 21, 2014 – OEM Off-Highway

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