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Everything Sells — The Ritchie Bros. auction began today

Everything Sells — The Ritchie Bros. auction began today

by admin | Apr 27, 2016 | Constuction & Business News, Heavy Machinery News

By John G. Smith, Posted: Apr 26, 2016 6:20 PM | Last Updated: Apr 26, 2016 6:20 PM EDMONTON, AB – Everything sells. It’s a firm rule at Ritchie Bros. Auctioneers, and there is plenty on hand for the highest bidder. About 10,600 pieces of equipment will move through...
TEREX ANNOUNCES FIRST QUARTER 2016 RESULTS & CONFERENCE CALL ON APRIL 27, 2016 AT 8:30 AM

TEREX ANNOUNCES FIRST QUARTER 2016 RESULTS & CONFERENCE CALL ON APRIL 27, 2016 AT 8:30 AM

by admin | Apr 26, 2016 | Constuction & Business News, Manufacturer News

WESTPORT, CT, April 26, 2016 — Terex Corporation (NYSE: TEX) today announced a first quarter 2016 loss from continuing operations of $74.2 million, or $0.68 per share, on net sales of $1.4 billion. In the first quarter a year ago, the reported loss from...
7 IMPORTANT POINTS FROM THE 1Q 2016 EARNINGS CONFERENCE CALL

7 IMPORTANT POINTS FROM THE 1Q 2016 EARNINGS CONFERENCE CALL

by admin | Apr 26, 2016 | Constuction & Business News, Manufacturer News

Caterpillar held an earnings conference call discussing first-quarter 2016 financial results. Chairman and CEO Doug Oberhelman, Group President and CFO Brad Halverson, Vice President of Finance Services Mike DeWalt, and several analysts participated in the call. Click...
Stubborn Seaforth tower defies explosive charges and fails to come down in UK

Stubborn Seaforth tower defies explosive charges and fails to come down in UK

by admin | Apr 26, 2016 | Constuction & Business News, Equipment & Construction Videos

BY JOE THOMAS , ALAN WESTON , BEN TURNER-LE Montgomery House now due to be demolished ‘in phases’ after three failed attempts to raze it. A block of flats in Seaforth which has withstood three attempts to bring it down remains standing this morning. The...
All new Hiab equipment to be connected by 2018

All new Hiab equipment to be connected by 2018

by admin | Apr 26, 2016 | Constuction & Business News, Crane & Lifting News, Manufacturer News

Hiab, part of Cargotec, announced in the Bauma exhibition its vision to unlock the full potential of on-road load handling by having all new Hiab equipment connected by 2018. HiVision(TM) being tested at the Hiab stand “Urbanisation will inevitably make cities...
Caterpillar Sees Big Losses in Brazil

Caterpillar Sees Big Losses in Brazil

by admin | Apr 25, 2016 | Constuction & Business News, Manufacturer News

Caterpillar admitted on Friday that their business in Brazil has suffered as a result of political turmoil, and the recession in the country becoming difficult to navigate efficiently and successfully. The Chief Financial Officer for the company said that the company...
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