Tags: equipment

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 ...

Read More...

Vermeer launches HDD Circuit training program to meet demand for skilled drill operators

Dec 13, 2015

Vermeer launches HDD Circuit training program to meet demand for skilled drill operators

A shortage of skilled drill operators is not something Vermeer is taking lying down. Following the announcement of a partnership with its primary competitor, Ditch Witch, to recruit, train and deploy trenchless crews across the U.S., Vermeer has announced what it ...

Read More...

Caterpillar’s online fleet management quiz is quick way to get acquainted with telematics

Dec 09, 2015

Caterpillar’s online fleet management quiz is quick way to get acquainted with telematics

Much of Caterpillar's focus as of late, beyond its corporate focus of drastically reducing costs, has been on technology. Specifically, outfitting machines with more technology and sensors so that Cat customers are able to mine the most minute operation data ...

Read More...

John Deere launches WorkSight Fuel Advantage with consumption target “10% lower than Caterpillar”

Dec 03, 2015

John Deere launches WorkSight Fuel Advantage with consumption target “10% lower than Caterpillar”

John Deere has joined the fuel guarantee fray, with a WorkSight Fuel Advantage program that takes direct aim at the Cat Pays You Back program. “We’ve set aggressive fuel targets that are 10 percent lower than Caterpillar,” says Mark Favetti, ...

Read More...

Komatsu intros PC45MR-5, PC55MR-5 compact excavators

Nov 29, 2015

Komatsu intros PC45MR-5, PC55MR-5 compact excavators

Komatsu has introduced two new compact excavators in the PC45MR-5 and PC55MR-5. The two tight tail swing machines offer fuel savings over their predecessors thanks to a Tier 4 Final engine and working modes. The machines are powered by a 2.19-liter ...

Read More...

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 ...

Read More...

Caterpillar lays off hundreds more, announces plant closing in North Carolina

Nov 18, 2015

Caterpillar lays off hundreds more, announces plant closing in North Carolina

With thousands of the company's employees already accepting early retirement packages and hundreds more having received notice of being laid off, Caterpillar has wasted no time in implementing its sweeping cost reduction plan announced in September. And over the last few weeks, ...

Read More...

Finning, world’s largest Cat dealer, to cut 1,100 jobs due to weak equipment sales

Nov 17, 2015

Finning, world’s largest Cat dealer, to cut 1,100 jobs due to weak equipment sales

In the face of slumping demand, Canadian Caterpillar dealer Finning International Inc. has announced it will make significant workforce reductions to cut costs. Finning will cut approximately 1,100 employees—8 percent of its workforce. The company says by the end of 2015 ...

Read More...

Caterpillar introduces MD5075C track drill with updated cab and controls

Nov 15, 2015

Caterpillar introduces MD5075C track drill with updated cab and controls

Caterpillar has introduced its MD5075C track drill, a replacement for the MD5075, with updates to the cab, touch screen navigation and control system. The new pressurized cab provides multiple shutdown options and more responsive controls than the previous model, and is ...

Read More...

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 ...

Read More...

Liebherr unveils XPower wheel loaders with standard power-split transmission (PHOTOS)

Nov 09, 2015

Liebherr unveils XPower wheel loaders with standard power-split transmission (PHOTOS)

Calling it a “significant milestone,” Liebherr says it will use a power-split transmission as standard throughout its entire new XPower large wheel loader lineup, a decision it says will help give the machines up to a 30 percent fuel efficiency ...

Read More...

CNH Industrial sales drop 24% in 3Q as company posts $128 million loss

Oct 29, 2015

CNH Industrial sales drop 24% in 3Q as company posts $128 million loss

Across the board declines continued for CNH Industrial in the third quarter, leading the company to decrease its sales forecast for the rest of the year. The company, which manufacturers the Case and New Holland brands of construction and agricultural equipment, ...

Read More...

SUBSCRIBE & FOLLOW

advertisement

TWITTER

FACEBOOK

BLOG

advertisement
advertisement
advertisement
AggMan_logo_withTagline_white_3