New Holland Partners with State University of New York on Biomass Research
Following the U.S. Department of Energy's announcement to award State University of New York (SUNY) up to $3.5 million to fund a research project that seeks to develop ways to reduce the cost of delivering biomass for refinement, New Holland Agriculture announced plans to assist SUNY researchers in this project.
July 25, 2015 – Farm Equipment
Demand Softens in Second Quarter for Gorman-Rupp
Pump manufacturer The Gorman-Rupp Co. posted $103.9 million in second quarter net sales, compared to $109.7 million during last year's second quarter, a 5.3-percent decline.
July 24, 2015 – RER
LBX Company Announces Formation of LBX Capital
LBX Company LLC announced the formation of LBX Capital, a financial services organization that will provide retail and wholesale financing exclusively for Link-Belt excavators, material handlers and forestry machines in the United States.
July 24, 2015 – Construction Equipment Guide
Lessiter Publications Buys Farm Journal Title
Lessiter Publications announced that it's purchased the assets of Implement & Tractor from Farm Journal Media.
July 23, 2015 – Folio
AGCO Announces Quarterly Dividend
AGCO, Your Agriculture Company, AGCO, -1.69% a worldwide manufacturer and distributor of agricultural equipment, announced that its Board of Directors declared a regular quarterly dividend of $0.12 per common share to be paid on September 15, 2015 to all stockholders of record as of the close of business on August 14, 2015.
July 23, 2015 – MarketWatch
Mahindra Announces Its 2015 Dealer Advisory Council
Mahindra USA is expanding its Mahindra Dealer Advisory Council to 16 members due to strong business growth and market expansion.
July 23, 2015 – AgriMarketing
John Deere lays off 160 Moline employees
About 160 John Deere Seeding employees in Moline, Illinois have been laid off.
July 23, 2015 – WQAD
Caterpillar 2Q results mixed; cuts 2015 revenue forecast
Caterpillar's says it's looking to manage costs as ongoing economic weakness in countries like China and Brazil and soft commodity prices pressure sales.
July 23, 2015 – Chicago Tribune
Bridgestone Headquarters to Tower Over Nashville
Designed to be one of the largest and tallest corporate headquarters buildings in Nashville, a 30-story, $200 million office tower for Bridgestone Americas Inc. is currently under construction in the downtown SoBro area.
July 22, 2015 – Construction Equipment Guide
DSC Dredge Receives 2015 Lantern Award
DSC Dredge, a Reserve, Louisiana-based manufacturer of dredgers was received the 2015 Lantern Award for the Bayou Region from Louisiana Economic Development.
July 21, 2015 – Dredging News Online
Doosan opens new parts depot in Ontario
Doosan heavy equipment dealers can now fulfill urgent parts needs from a new 10,000-square-foot Canadian parts depot, located in Mississauga, Ontario, to serve Eastern Canadian provinces.
July 21, 2015 – Canadian Rental Service
Bandit Industries awarded second NJPA contract
Bandit Industries, Isabella County, Mich., has been awarded an additional contract from the National Joint Powers Alliance (NJPA) for medium duty and compact construction and maintenance equipment with related attachments, accessories and supplies.
July 19, 2015 – Rental Pulse
Volvo CE Profitability Jumps 80% Despite Major Headwinds
Favorable currency developments and product mix, combined with ongoing efficiency measures have helped bolster Volvo Construction Equipment's second quarter 2015 financial results, with the company posting a 5% improvement in sales and its best profit margin for three years.
July 17, 2015 – forconstructionpros.com
Atlas Copco Boosts Q2 Sales
Atlas Copco reported a 16.8 percent year-over-year revenue increase in its second fiscal quarter.
July 17, 2015 – Construction Equipment
New Holland History on Display
During New Holland Media Days this week we visited the New Holland Historical Society Museum.
July 17, 2015 – AgWired
Kinze Manufacturing Commemorates 50 Years Of Innovation
Fifty years after its humble beginning as a small welding shop, Kinze Manufacturing is reflecting on a half-century of innovation with a look back at how they have become a recognized technology leader and innovator of planters for row-crop production and grain auger carts.
July 16, 2015 – AgriMarketing
Alamo Announces Appointment of Vice President
Alamo Group Inc. today announced that effective today, Edward (Ed) Rizzuti will be joining the company as its vice president and general counsel.
July 15, 2015 – Farm Equipment
Manitou introduces parts brand for Gehl and Mustang
Manitou Americas, West Bend, Wis., has unveiled XPRT® Genuine Parts, the exclusive brand for genuine maintenance and replacement parts for Gehl and Mustang equipment.
July 15, 2015 – Rental Pulse
Scania reports record high market share in Europe
Scania increased its market share in the European truck market to 17.2% during the period January to June 2015.
July 14, 2015 – OEM Off-Highway
Donaldson Enters Binding Agreement to Acquire Partmo
Donaldson entered into a binding agreement to acquire Industrias Partmo S.A., a manufacturer of replacement air, lube and fuel filters in Colombia.
July 14, 2015 – Construction Equipment