Association of Equipment Manufacturers

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Industry News

Recent Articles

20,000th Bobcat rolls off production line
The 20,000th Bobcat telehandler rolled off the production line at the manufacturer's Pontchâteau plant in Loire Atlantique in France earlier this month.
July 30, 2014 – International Rental News

Mack Expands Customer Support Network with New Texas Facility
Mack Trucks announced further investment and growth in its extensive customer support network with a new dealership in Cotulla, Texas, scheduled to open late August.
July 30, 2014 – forconstructionpros.com

Putzmeister Recognizes Top International Distributors at 2014 CONEXPO
Putzmeister America, Inc. (Putzmeister America) recognized six of its top international distributor partners with its annual "International Distributor of the Year" awards at a special VIP event in Las Vegas during the 2014 CONEXPO trade show.
July 30, 2014 – forconstructionpros.com

IronPlanet will Sell Dept. of Defense Surplus Equipment
IronPlanet has been awarded the U.S. Defense Logistics Agency (DLA) contract to manage and sell rolling stock surplus assets of the U.S. Department of Defense.
July 30, 2014 – Lift & Access

Caterpillar Announces Accelerated Stock Repurchase
Caterpillar Inc. has entered into definitive agreements with Société Générale to purchase a total of $2.5 billion of its common stock under accelerated stock repurchase transactions.
July 30, 2014 – Construction Equipment

Rural broadband needs 'sustained focus' from Congress, president
The head of the USDA's Rural Utilities Service (RUS) told a House Agriculture subcommittee Tuesday that just as in the 1930s with rural electrification, "it will take a sustained focus from Congress and the executive branch to ensure that rural residents have the same access to broadband as their urban and suburban counterparts."
July 30, 2014 – AgriPulse

CNH Industrial Opens New Manufacturing Complex In China
CNH Industrial inaugurated its new manufacturing complex built in the area of its previous assembly plant in Heilongjiang Province, China.
July 30, 2014 – AgriMarketing

Study Shows Machinery Is Largest Sector Of The Ag Industry
A new report outlining the state of global agri-technology has been released. Machinery, according to the new report, has been identified the largest sector globally in terms of sales, employment and number of companies.
July 30, 2014 – AgriMarketing

U.S. Economy Grows at 4% Pace in 2Q
U.S. economic growth accelerated more than expected in the second quarter and the decline in output in the prior period was less steep than previously reported, bolstering views for a stronger performance in the last six months of the year.
July 30, 2014 – Fox Business/Reuters

Cyient, Pratt & Whitney open Experience Centre in Hyderabad
Cyient (formely Infotech) and Pratt & Whitney, the leaders in aircraft engines, inaugurated an Experience Centre for its engineers at Manikonda in Hyderabad's Cyberabad on Thursday by installing a huge PW4090 aircraft engine donated by P&W.
July 30, 2014 – Hindu BusinessLine

ICA eyes four major Mexico infrastructure tenders for 3Q14
Mexican construction company ICA plans to submit bids for at least four major water and infrastructure tenders in 3Q14, said CFO Victor Bravo during a 2Q14 results call.
July 30, 2014 – BNamericas

Peru invests US$400mn in PPPs in H1
Peru has invested 1.1bn soles (US$393mn), or 52% of the annual budget, in public-private partnerships in the first half of 2014, mostly for highway projects.
July 30, 2014 – BNamericas

Brazil needs better urban mobility planners, says specialist
Many Brazilian cities are in need of better urban mobility plans for projects such as bus rapid transit (BRT) and metro lines, transportation technician Renato Lobo told BNamericas.
July 30, 2014 – BNamericas

Google's Big Data IoT Play For Manufacturing
"What if storage and compute power were free? How would that change the way you look at Big Data and the Internet of Things?" asked Tom Howe, Google's senior enterprise consultant for manufacturing during last week's 10th Manufacturing Leadership Summit in Palm Beach, Fla.
July 30, 2014 – Manufacturing Leadership

JLG sales hit $1 billion for third quarter
Sales in North America and Europe boosted JLG's third quarter sales to $1.04 billion, a record for the access equipment manufacturer.
July 29, 2014 – Access, Lift & Handlers

Cummins reports second quarter results
Cummins Inc. has reported results for the second quarter of 2014.
July 29, 2014 – OEM Off-Highway

AGCO's 2Q Net Sales Decline 9.8%
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, reported net sales of approximately $2.8 billion for the second quarter of 2014, a decrease of approximately 9.8% compared to net sales of approximately $3.0 billion for the second quarter of 2013.
July 29, 2014 – Farm Equipment

Positive quarter for Komatsu
Manufacturer Komatsu has reported increased revenues and operating income for three months to 30 June, fuelled by demand for construction equipment in North America, Europe and the Middle East.
July 29, 2014 – International Rental News

New Home Sales Down 8.1 Percent in June
Sales of newly built, single-family homes fell 8.1 percent to a seasonally adjusted annual rate of 406,000 units in June, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
July 29, 2014 – Compact Equipment

Russia's surprise interest rate rise 'to curb inflation'
Russia's central bank has unexpectedly raised its key bank interest rate over concerns about inflation and "geopolitical tension".
July 29, 2014 – BBC News

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