Association of Equipment Manufacturers

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Manufacturing Articles

Land Pride Celebrates 30th Anniversary
2016 marks 30 years in business for Land Pride, a division of Great Plains Mfg. Inc.
February 7, 2016 – Farm Equipment

Kobelco Cranes sees sales rise
Japanese crawler crane manufacturer Kobelco Cranes saw a 7.1% rise in its revenues in the first nine months of the 2015 fiscal year.
February 5, 2016 – International Cranes

Xylem revenues drop
Full-year 2015 figures slipped at pump manufacturer Xylem amid mixed market conditions.
February 5, 2016 – International Rental News

Despite Improved Market Share Volvo Construction Equipment Sales Down in Q4 2015
Improved underlying earnings and market share gains in the important larger machine segments were insufficient to offset a declining total market in Volvo Construction Equipment's final quarter 2015 results, which saw sales down 11% in the period.
February 5, 2016 – forconstructionpros.com

Cummins Announces Financial Results for the Fourth Quarter and Full Year 2015
Cummins Inc. has reported results for the fourth quarter and full year of 2015.
February 4, 2016 – OEM Off-Highway

Topcon Positioning Group Announces New Retail Stores
The Topcon Positioning Group now has Topcon Solutions Stores designed to serve the market with product sales, service and support for the construction, surveying, mapping and related industries.
February 4, 2016 – Construction Equipment

Deere Completes Acquisition of Monosem
Deere & Company (NYSE: DE) has completed its acquisition of Monosem, the European market leader in precision planters.
February 4, 2016 – John Deere

Terex Talks Continue with Zoomlion Despite Potential U.S. Government Opposition
Terex Corp. is continuing discussions with China's Zoomlion despite concerns that a transaction could be blocked by the Committee on Foreign Investment in the United States (CFIUS), according to a Reuters report.
February 1, 2016 – RER

Manitou Group Reports +8 Percent in 2015 Q4 Total Sales Revenue
Manitou Group announced today its Material Handling and Access division saw sales of $253 million in the fourth quarter, an increase of 21 percent as compared to 2014's $210 million Q4 sales.
February 1, 2016 – Construction Equipment

'Solid' profits for Atlas Copco
Atlas Copco is claiming "solid profitability" and record cash flow in tough market conditions, in its interim report on the fourth quarter and full-year summary of 2015.
February 1, 2016 – Construction Europe

Drop in Telehandler Demand Hurts JLG in Q1
JLG Industries, the access equipment segment of Oshkosh Corp., reported a sales decline of 26.1 percent to $529.8 million for the first quarter of fiscal 2016, due primarily to a drop in demand for its telehandlers.
February 1, 2016 – forconstructionpros.com

Trelleborg Inaugurates New Manufacturing Facility for Agricultural Tires in South Carolina
Trelleborg has inaugurated its first North American manufacturing facility dedicated to the manufacture of premium radial tires for agricultural machinery in Spartanburg, SC, in the U.S.
February 1, 2016 – OEM Off-Highway

Atlas Copco Breaking Ground on New Production Facility in South Carolina
Atlas Copco is breaking ground on a new 180,000-square-foot facility in Rock Hill, SC, to meet the growing customer demand for high-quality equipment and support.
February 1, 2016 – forconstructionpros.com

Scania Celebrates 125th Anniversary
Scania is celebrating 125 years of innovation in 2016. From its founding as a privately owned wagon-building company back in 1891 to today's connected vehicles, Scania has stood steady through hostile take-over attempts and financial crises.
February 1, 2016 – OEM Off-Highway

Cummins Exhibiting Stage V Engines at bauma 2016
Cummins Inc. will present the next generation of ultra-clean engines at bauma 2016 (Munich, April 11-17) designed to meet European Union Stage V emissions regulations commencing in 2019 for construction, mining and materials handling equipment.
February 1, 2016 – OEM Off-Highway

Atlas Copco releases new training tools
Atlas Copco released a free mobile training app, Training365, for Atlas Copco distributors and operators.
January 29, 2016 – Pit & Quarry

Record sales at Liebherr Group in 2015
Provisional figures show a total sales revenue of ? 9,248 million for the Liebherr Group in 2015.
January 29, 2016 – International Cranes

Caterpillar Closing 5 Plants, Cutting 670 Jobs
Caterpillar says it plans to close five plants, causing a net reduction of about 670 U.S. jobs as part of a broader cost-cutting campaign announced last year.
January 29, 2016 – forconstructionpros.com

CNHI Reports FY15 Sales Down 20.4%
CNH Industrial N.V. (NYSE:CNHI / MI:CNHI) today announced consolidated revenues of $7,144 million for the fourth quarter 2015, down 4.1% compared to Q4 2014 on a constant currency basis (down 14.6% on a reported basis).
January 29, 2016 – Farm Equipment

Komatsu sales down in Q3, but focus is future growth
Komatsu's consolidated net sales for the nine-month period from April 1 to December 31, 2015, totalled JPY 1.37 trillion (US$ 11.3 billion), down 4.6% from the corresponding period in 2014.
January 29, 2016 – International Construction

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