Association of Equipment Manufacturers

Industry News

AEM's Industry News brings you the latest news stories from across the Web on the companies, issues, trends and technologies that affect your business.

Recent Articles

 

Construction jobs, spending hit highest levels since early 2010, helped by mild weather
Nonfarm payroll employment rose by 243,000, seasonally adjusted, in January, and by 1,953,000 (1.5%) over the past 12 months. Construction spending in December reached a 20-month high of $816 billion at a seasonally adjusted annual rate, an increase of 1.5% from November and 4.3% from December 2010. Seasonally adjusted nonfarm payroll employment increased in 239 metropolitan areas from December 2010 to December 2011 (not seasonally adjusted), decreased in 127, and remained unchanged in 6.
February 3, 2012 – AEM

US job numbers show strong growth
The US economy created 243,000 jobs in December, the highest total for nine months, official figures show.
February 3, 2012 – BBC News

It's official: Highway Trust Fund will be dry by end of FY 2014
To no one's surprise in the transportation industry, the federal Highway Trust Fund is on the brink of bankruptcy. The Congressional Budget Office released a report on Jan. 31 that said the pot used for road and bridge construction will indeed by empty by the end of FY 2014.
February 3, 2012 – Roads and Bridges

U.S. Manufacturing Index Reaches Eight-Month High
Manufacturing in the U.S. rose for the third month in a row, reaching an eight-month high.
February 3, 2012 – OEM Off-Highway

Volvo CE annual sales rise
Volvo Construction Equipment reported full-year net sales of SEK64.9 billion (?7.3 billion), up 21% compared to 2010 amid strong momentum in North American and Asian markets.
February 3, 2012 – Construction Europe

Major African infrastructure programme agreed
The 18th African Union Summit saw African heads of state endorse a major, continent-wide infrastructure programme that will run through to 2040.
February 3, 2012 – International Construction

Atlas Copco expects demand to weaken
Swedish equipment manufacturer Atlas Copco reported solid results for 2011, with revenues up 16% year-on-year at SEK81.2 billion (?9.2 billion) and net profit up 31% year-on-year at SEK12.9 billion (?1.5 billion).
February 3, 2012 – Construction Europe

Study: Infrastructure spending has double the impact
A study has found that over two years, one dollar spent on infrastructure construction produces roughly double ($1.92) the initial spending in direct and indirect economic output.
February 3, 2012 – Equipment World

Caterpillar CFO Sees 'Tail Wind' From Demand in U.S., Europe
Caterpillar Inc. (CAT), the largest construction and mining equipment maker, said the business cycle is in the early stages of a recovery and the company expects to see a "tail wind" from U.S. and European demand.
February 3, 2012 – Bloomberg

Wacker Neuson Ends Equipment Manufacturing Contract with Gehl and Mustang
Effective December 31, 2011, Wacker Neuson just announced today that it ended its long standing agreement with Gehl Corp. on December 31, 2011. Wacker Neuson has been the exclusive manufacturer of Gehl and Mustang branded compact excavators and all wheel steer loaders since 1999. Christopher Barnard, president and CEO of Wacker Neuson Corp. stated:
February 3, 2012 – Compact Equipment Online

Full Year: CNH' Sales Up 25%, Profits Double
CNH Global N.V. today announced financial results for the year ended December 31, 2011.
February 3, 2012 – AgriMarketing

Agri-Marketers Expecting Good/Terrific Year
In a recent Agri-Marketers' Poll, 84% of the 137 respondents reported they think their organization is going to have good and/or terrific year.
February 3, 2012 – AgriMarketing

SVTI files EIA for Talcahuano-San Vicente port expansion
The private operator of Chile's region VIII Talcahuano-San Vicente port, San Vicente Terminal Internacional (SVTI), has filed an EIA with the environment ministry (MMA) for a project to expand and upgrade its facilities.
February 3, 2012 – BNamericas

Productivity in U.S. Increased at a Slower Annual Pace in Fourth Quarter
The productivity of U.S. workers rose in the fourth quarter at a slower pace than in the prior three months, showing companies are reaching the limits of how much efficiency they can squeeze from existing workforces.
February 2, 2012 – Bloomberg

Jobless Claims in U.S. Fell Last Week
Claims for U.S. jobless benefits fell last week, a sign the labor market is improving.
February 2, 2012 – Bloomberg

DNIT launches US$634mn highway repair tenders
Brazil's transport infrastructure authority (DNIT) has launched eight tenders worth a combined 1.1bn reais (US$634mn) for repair and maintenance work on more than 1,820km of highways.
February 2, 2012 – BNamericas

DOL to Revisit Farm Labor Rule
Plans to implement new child labor regulations have been halted.
February 2, 2012 – FarmFutures.com

Stock markets rise on manufacturing data
Promising figures for manufacturing output in economies throughout the world have boosted global stock markets.
February 1, 2012 – BBC News

Crane sales up 40% at Manitowoc
Manitowoc's fourth quarter 2011 net sales in its crane segment were up nearly 40% to US$687.6 million from $491.4 million in the fourth quarter of 2010.
February 1, 2012 – International Cranes

CBO Reports Highway Trust Fund Headed for Bankruptcy in 2014
Transportation Secretary Ray LaHood says President Obama has been right to call for increased funding for transportation projects.
February 1, 2012 – ForConstructionPros.com

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