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Cat Financial reports $668 million in Q1 2012 results

- April 2012

Cat Financial reported first-quarter 2012 revenues of $668 million, an increase of $28 million, or 4 percent, compared with the first quarter of 2011. First-quarter profit after tax ...

Steel imports up 7% in March, import market share 23%

- April 2012

Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reports that the U.S. imported a total of 2,899,000 net tons (NT) of steel in March, including ...

JCB posts record financial results for 2011

- April 2012

Construction and agricultural equipment manufacturer JCB, on April 17, posted its record financial results for 2011. Turnover last year rose to the highest level in the company’s 66-year history at £2.75 ...

FHWA awards $2.5 million for 2012 National Summer Transportation Institute

- April 2012

U.S. Transportation Secretary Ray LaHood awarded $2,487,791 to the National Summer Transportation Institute, a Federal Highway Administration (FHWA) program to promote interest in educational and career ...

KHL: Construction equipment sales grew 25 percent worldwide in 2011

- April 2012

Sales of construction equipment by the world’s 50 largest manufacturers grew 25 percent last year to $182 billion, according to the annual Yellow Table survey by KHL Group. This was ...

Construction industry loses 7,000 jobs in March

- April 2012

The Associated Builders and Contractors (ABC) reports that the construction industry lost 7,000 jobs in March, inching the unemployment rate up to 17.2 percent from 17.1 percent in February, according to ...

$7.2 billion infrastructure program launched in Chicago

- April 2012

Chicago Mayor Rahm Emanuel has launched "Build a New Chicago," a $7.2 billion infrastructure program that would create 30,000 jobs throughout the next three years, according to a Chicago-Sun Times ...

Equipment finance market confidence up to index of 61.7

- March 2012

The Equipment Leasing & Finance Foundation released the March 2012 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) on March 23. According to the report, overall, confidence in the equipment ...

New home sales slow by 1.6 percent in February

- March 2012

Sales of newly built, single-family homes slowed 1.6 percent to a seasonally adjusted annual rate of 313,000 units in February, according to data jointly released by HUD and the U.S. ...

Ritchie Bros. sells more than 200 cranes in five weeks

- March 2012

Ritchie Bros. Auctioneersrit has sold more than 200 cranes in five weeks at its first unreserved public auctions of 2012 in North America, Europe, and the Middle East — with ...
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