Association of Equipment Manufacturers


Industry News

Manufacturing Articles

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

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

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

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

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

Caterpillar Foundation Invests $1 Million in Ebola Advocacy
The Caterpillar Foundation will provide an additional $1 million to the $7.5 million investment made to The ONE Campaign for its advocacy work in the fight against extreme poverty and preventable disease in Africa, particularly to boost the organization's response to the Ebola outbreak in West Africa.
October 21, 2014 – Construction Equipment

JCB to lose 150 staff amid 'uncertainty' over world markets
Construction equipment manufacturer JCB has announced it is to cut 150 jobs across its UK operation.
October 21, 2014 – BBC News

CNH Earns Climate Change Recognition
CNH Industrial N.V. has been awarded with a position on The A List: The CDP Climate Performance Leadership Index 2014. The company's inclusion within the A-band ranking is the result of its being identified as demonstrating a superior approach to climate change mitigation.
October 21, 2014 – AED News

World Economic Forum names Husco a global growth company
Husco International, a Waukesha manufacturer of hydraulic and electro-hydraulic components used in the automotive industry and other industries, said Tuesday it's been named one of 12 Global Growth Companies by the World Economic Forum.
October 21, 2014 – JSOnline

Dimitrov Krishnan to Head Volvo CE India
Dimitrov Krishnan has been appointed new head of Volvo Construction Equipment (Volvo CE) in India wef October 15, 2014.
October 19, 2014 – Rush Lane

JLG Ramps up Training Offerings at New Proving Grounds
JLG is now offering classes at its expanded customer training center and all-new proving grounds for lift and access equipment at its headquarters in McConnellsburg, Pa.
October 18, 2014 – RER

Fecon Hosts Governor John Kasich and Lt. Governor Mary Taylor
Governor John Kasich and Lt. Governor Mary Taylor John Kasich stopped by Fecon Inc., a Lebanon, Ohio, based manufacturer of equipment as part of Agriculture Day to discuss agriculture in Ohio as well as manufacturing jobs in Southwest Ohio.
October 17, 2014 – Compact Equipment

Komatsu Honored for Climate Performance Leadership
Komatsu Ltd. was chosen as a leading company of the CDP Japan 500 Climate Performance Leadership Index (CPLI) and Climate Disclosure Leadership Index (CDLI) by CDP, respectively, for its efforts to reduce greenhouse gas (GHG) emissions and mitigate climate change risks.
October 17, 2014 – Construction Equipment

IMT Names New Director of Sales
Iowa Mold Tooling Co. Inc. (IMT), an Oshkosh Corporation company, announced that Tim Gerbus has joined IMT as director of sales.
October 16, 2014 – Construction Equipment

Tractor sales in focus
Mahindra & Mahindra's (M&M) farm equipment division expects new models to push tractor sales in the second half of the fiscal after a rather flat growth in the first half.
October 15, 2014 – Calcutta Telegraph

Manitowoc Expects Decline in Third Quarter and Full Year Revenues
The Manitowoc Co. said it expects its third quarter 2014 net sales to be just short of $1 billion, compared to $1.01 billion in the third quarter of 2013, as it announced preliminary third quarter results and updated its guidance.
October 15, 2014 – RER

Mack supports breast cancer awareness
Mack Trucks is doing its part to increase breast cancer awareness by showcasing a pink Mack Pinnacle Axle Back model at its headquarters in Greensboro, N.C.
October 15, 2014 – On-Site

Haulotte sees revenues up +39%
Access platform manufacturer Haulotte's revenues for the third quarter of the year were up +39% to ?113 million (US$ 143 million).
October 15, 2014 – Access International

Lawsuit Filed Against Caterpillar Emission Systems
Twenty-two trucking and transportation firms and individuals in 18 states that had purchased or leased vehicles powered by Caterpillar Inc., heavy-duty, on-highway diesel engines have filed a consolidated class action lawsuit in federal court against the company.
October 15, 2014 – Construction Equipment

Zoomlion profit warning highlights China construction woes
Zoomlion Heavy Industry Science and Technology Co Ltd issued its third profit warning in 18 months, fanning doubt about its sales strategy as China's construction equipment makers face a prolonged property slump.
October 15, 2014 – Reuters

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