Strongco Corporation recently reported financial results for the three and six months ended June 30, 2012. "We are pleased with the continued growth in revenues and operating profits evident in Strongco's results for the second quarter of ...
Tags: market view, Construction machine
Titan Machinery Inc. closed on the previously announced acquisition of Curly Olney’s, Inc., which consists of two Case IH dealerships located in McCook and Imperial, Nebraska. In addition, the company opened two new Case IH ...
Tags: marketview, agricultural equipment, construction equipment
Construction equipment manufacturers around the globe will see significant growth over the next few years, as massive infrastructure projects will be required to satisfy population growth and expansion of the middle class in emerging ...
Tags: marketview, Construction Equipment
CNH Global N.V. (CNH) announced financial results for the quarter ended June 30, 2012. For the quarter, net sales increased 3% (9% constant currency basis) to $5.0 billion as firm global demand for agricultural equipment, on the back of ...
Tags: market view, agricultural equipment, construction equipment
High commodity prices have created strong profits for America's farmers. That has them replacing aging combines, tractors and other equipment. That's been good for Titan Machinery (TITN), which operates 96 farm and construction equipment ...
The past week has been rough on industrial stocks. They have taken the brunt of the pain from a raft of unpleasant economic data, including slow jobs growth and weak regional manufacturing data. A possible deceleration in China is also ...
Caterpillar Inc. (CAT), the world’s largest maker of construction equipment, reported a gain in first-quarter revenue that was less than analysts estimated after sales fell in China and Brazil. Revenue climbed 23 percent to $16 ...
Manufacturing in the U. S. Probably expanded at a slower pace in April than a month earlier, indicating the industry that spurred the recovery almost three years ago is cooling, economists said before a report today. The Institute for ...
Kobelco's sales of construction equipment totalled JPY 355 billion (US$ 4.40 billion) in the fiscal year ending March 31, 2012 - level with the previous year.A +17% increase in crawler crane sales compensated for a fall in the company's ...
Tags: market view, Crane
Zoomlion Heavy Industry Science & Technology Co. (1157) headed for the first gain in seven trading days after reassuring investors about the planned sale of a sanitation-equipment unit that's its fastest-growing business. The company rose ...
For a long time, Americans have channeled their fear about China's factories into an exasperated, four-word refrain: They're stealing our jobs! By offering low-wage competition to U. S. workers, the Chinese picked off low-end manufacturing ...
In just over three years Putzmeister’s world, fashioned around the unforgiving business of concrete, came crashing down around it. For nearly half a century the Stuttgart-based company along with Schwing, its German arch rival, had ...
CVC Capital Partners Ltd., the buyout firm that owns Formula One, agreed to buy Ahlsell AB for 1.8 billion euros ($2.4 billion) to expand in the wholesale supply of tools, machinery and building products. CVC is buying the Stockholm-based ...
Sany Group Co. (SANYIZ), owner of China’s biggest machinery maker, said its sales growth rate may slow by about half to 25 percent as the economy decelerates. Sales may exceed 100 billion yuan ($16 billion) in 2012, up from 80 billion ...
U. S. Construction equipment exports increased 43 percent in 2011 compared to the previous year for a total $23.5 billion of machinery shipped to other nations, according to the Association of Equipment Manufacturers (AEM). This follows ...