Tags: equipment sales

Caterpillar profit fell 43% in 2015; 4Q loss comes as construction, mining sales weaker than expected

Feb 01, 2016

Caterpillar profit fell 43% in 2015; 4Q loss comes as construction, mining sales weaker than expected

Despite slashing its sales outlook in tandem with an October announcement of a sweeping cost reduction plan, Caterpillar's full-year sales still fell below that most recent forecast after sales fell $3 billion year over year in the fourth quarter. The company reported 4Q sales and ...

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Bonus depreciation, Section 179 tax breaks extended, sent to President Obama for signature

Dec 21, 2015

Bonus depreciation, Section 179 tax breaks extended, sent to President Obama for signature

Not only did the bonus depreciation and Section 179 tax breaks come through as expected, current legislation Congress just sent to President Obama extended both measures. Here’s a recap: Under current legislation, the bonus depreciation is extended through 2019. This allows contractors ...

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Caterpillar to close Kentucky plant, cut 50 jobs

Nov 23, 2015

Caterpillar to close Kentucky plant, cut 50 jobs

As part of the company's ongoing, extensive cost-cutting plan, Caterpillar announced over the weekend that it would close its Danville, Kentucky, facility. According to the Northern Kentucky Tribune, Cat will close the facility, which manufactures track-type undercarriage components, and move production to ...

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Liebherr expects 2015 sales to top $10 billion; U.S. sales growth at 17.9% for first half

Nov 11, 2015

Liebherr expects 2015 sales to top $10 billion; U.S. sales growth at 17.9% for first half

Speaking at a press event in England, Stefan Heissler, member of the directorate of Liebherr International, said the privately-held company expects to have sales of €9.2 billion ($10.15 billion) in 2015. The diverse company—which manufacturers a mix of products such as ...

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New construction equipment sales on the rise in August, used sales decline

Oct 06, 2014

New construction equipment sales on the rise in August, used sales decline

Compared to one year ago, the number of new financed construction equipment units sold rose 11 percent this August, according to Equipment Data Associates figures. Used financed construction equipment sales on the other hand, continued their lackluster performance, with 3 percent ...

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Deere 2012 Q2 earnings $1.056B

May 16, 2012

Deere & Co. reports that its second-quarter net income was was $1.056 billion, or $2.61 per share, for the second quarter ended April 30, compared with $904.3 million, or $2.12 per share, for the same period last year. For the first ...

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Editorial

May 07, 2011

Increased Optimism By Therese Dunphy “A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty,” –Winston Churchill   Throughout the last several years, many aggregate producers may have been pessimists rather than optimists, but the tide may be ...

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Ritchie Bros. conducting 2-day, multi-million public equipment auction next week

Apr 09, 2010

Ritchie Bros. Auctioneers will be conducting a two-day multimillion dollar unreserved public equipment auction at its permanent auction site in Phoenix, Ariz., on April 15-16, 2010. More than 1,800 construction and aggregate equipment items and trucks will be sold to ...

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