Kobelco posts financial results
Kobelco Construction Machinery has posted its semi-annual results for the 2014 financial year.
November 24, 2014 – World Highways
Hipower Systems earns certification from Underwriters Laboratories
Hipower Systems, Lenexa, Kan., has received Underwriters Laboratories (UL) certification in the UL 2200, Stationary Engine Generator Assemblies classification for its entire stationary natural gas generator line.
November 23, 2014 – Rental Pulse
John Deere - Augusta facility produces one millionth tractor
John Deere has marked a manufacturing milestone with the completion of the one millionth tractor built at the John Deere - Augusta factory in Grovetown, GA.
November 21, 2014 – OEM Off-Highway
Krone Announces Opening of New Western Region Training and Support Center
Krone North America is expanding the Western Region Training and Support Center by nearly doubling the square footage of the facility in Reno, Nev.
November 21, 2014 – Farm Equipment
Donaldson Reports First Quarter Results
Donaldson Company Inc. announced its financial results for its fiscal 2015 first quarter. For the three months ended Oct. 31, 2014, the company reported net sales of $597 million, net earnings of $56 million, and diluted earnings per share of $0.40.
November 21, 2014 – Construction Equipment
Volvo says expects credit losses in China, to hit Q4 operating profit
Truck and construction equipment maker Volvo said on Friday its operating profit in the fourth quarter would be negatively impacted by around 650 million Swedish crowns ($88 million) due to expected credit losses in China.
November 21, 2014 – Reuters
Topcon Acquires Console Manufacturer Wachendorff Elektronik
Topcon Positioning Group announces the complete acquisition of Wachendorff Elektronik GmbH and Wachendorff Electronics Inc. in a private transaction.
November 21, 2014 – AgriMarketing
Michelin Opens New South Carolina Plant
Michelin today marked the opening of its newest plant in North America, which will produce the innovative MICHELIN X Tweel airless radial tire for commercial applications.
November 20, 2014 – Farm Equipment
AGCO Reduces Workforce at Minnesota Facility
On the heels of some shift realignments and a reduction in its temporary workforce earlier this year, AGCO Jackson Operations last week cut 43 employees from its workforce campus-wide.
November 20, 2014 – Farm Equipment
Caterpillar Donates $12.8 Million to United Way
Caterpillar Inc. employees and retirees have pledged more than $6.4 million to the United Way this year, which the Caterpillar Foundation matched dollar-for-dollar.
November 20, 2014 – Construction Equipment
IronPlanet acquires Kruse Energy and Equipment Auctioneers
IronPlanet, a US-based on online marketplace for buying and selling used heavy equipment, has acquired Kruse Energy and Equipment Auctioneers for an undisclosed sum.
November 20, 2014 – World Highways
Ag Growth International Acquires Westeel
Ag Growth International Inc. (TSX: AFN) ("AGI" or the "Company") announced that AGI (through an acquisition company) will acquire substantially all of the assets of Vicwest's Westeel Division ("Westeel") (AGI's acquisition of the Westeel assets, the "Transaction").
November 19, 2014 – Farm Equipment
AGCO Recognized As Smart Farming Pioneer in Harvard Business Review
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, is proud to announce a recent highlight in the Harvard Business Review for the company's work in developing smart farm equipment and solutions.
November 19, 2014 – MRO
Tadano sales up 13% in first half of 2014 financial year
For the first half of the 2014 financial year Japanese crane manufacturer Tadano reported an increase in sales of 13.1 % to JPY 98,121 million (US$ 841 million) at the end of the second quarter (30 September), up from JPY 86,754 million ($ 743 million) in the same period of the 2013 financial year.
November 18, 2014 – International Cranes
Bridgestone plant adds to S.C. dominance in tire manufacturing
Bridgestone Americas opened its first giant off-road radial tire plant in the United States on Tuesday in Aiken County, S.C., where the company will produce heavy-duty tires for its booming earth-mover segment.
November 18, 2014 – charlotteobserver.com
JCB opens 2 factories in Jaipur
JCB India, India's largest construction equipment manufacturer, which opened two factories in Jaipur with an investment of Rs 500 crore, despite sluggish market for last two-three years, is betting on growth from next year.
November 16, 2014 – mydigitalfc.com
Earnings Rise on Flat Sales in Volvo CE's Q3 Results
A solid 9 percent improvement in the North American market was not enough to overcome uncertainty and negative growth elsewhere in Volvo Construction Equipment's (Volvo CE) third quarter results, which saw revenues rise 2 percent in the period.
November 15, 2014 – Construction Equipment Guide
Volvo CE is moving production of backhoe loaders and graders
Volvo CE has announced it is moving production of its backhoe loaders and motor graders to its Chinese SDLG operation.
November 14, 2014 – World Highways
Wacker Neuson Reports 14% Revenue Growth in 2014's Third Quarter
The Wacker Neuson Group revenue for the third quarter of 2014 amounted to EUR 316.2 million, an increase of 14% relative to the previous year (Q3 2013: EUR 276.3 million).
November 13, 2014 – forconstructionpros.com
Oshkosh Plans Mexican Manufacturing Facility
Oshkosh Corp. said it will build a $100 million components manufacturing plant in Mexico that eventually will employ about 1000 people, according to a report in the Milwaukee Journal Sentinel newspaper.
November 13, 2014 – Diesel Progress