Passion for Heavy Equipment & Construction

Heavy Equipment News


Leasing Heavy Construction Equipment
Despite an ever-changing economy, equipment leasing might provide a simple solution to grow your business. Think: Fair Market Value Lease, Dollar Buy Out Lease and Commercial Leasing.
Capital is key in order to operate a successful business, especially when the economy is as fickle as it is today. The heavier your cash flow, the greater amount of growth your company will experience. This is especially relevant in the construction industry. For all types of construction, the goal is to complete projects in accordance with plans and specifications, on time, within budget, and at the lowest possible cost. A construction company's success and failure could very well depend on adding a fourth crane to your garage.


Spacewalkers move heavy equipment - Damage also could be inspected
On the mission's third spacewalk today, astronaut Stanley Love will function like a human forklift, holding three massive -- but weightless -- pieces of equipment while attached to the space station robot arm.
Love will begin the spacewalk at 8:35 a.m. by stepping into the footrests on the robot arm.

Going Once ... Going Twice ... Sold! Thousands to Bid for Equipment - Ritchie Bros. Auctioneers to sell thousands of big items this week.

Sure, Central Florida has roller coasters and water slides, but from Tuesday through Saturday, for thousands of people from all over world, the biggest attraction will be Ritchie Bros. Auctioneers.

During those five days, bidders will vie for more than 6,100 pieces of equipment, including everything from dump trucks to cranes.

Ritchie Bros. has no idea of how many people to expect, said Doug Tverstol, office manager for the company, located at 700 Ritchie Road in Davenport, but the company has advertised in countries around the globe. An auction in February of last year attracted more than 5,800 bidders from 63 countries.


Deere profit up 55% on global demand

Farm-equipment maker Deere & Co., citing what it called 'strongly favorable conditions throughout the global farm sector, topped analyst forecasts by reporting a 55 percent jump in fiscal first-quarter earnings Wednesday.
For the quarter ended Jan. 31, the Moline manufacturing giant said net income climbed to $369.1 million, from the year-ago $238.7 million, or 52 cents a share.


International sales boost Deere & Co. profits by 54%

Deere & Co., one of the world's largest producers of farm equipment, said on Feb. 13 that fiscal first-quarter profits increased 54 percent as the heavy equipment maker posted strong international sales.

Father, son brought heavy equipment to help save trapped Union students

Randy Campbell felt scared stiff as he worked in a trackhoe to pull students from collapsed buildings on Union University's campus the night of Feb. 5 tornado.
"I was scared I'd make a mistake and break a slab or hit the (trapped) boys," said Campbell, 49.
Firefighters and rescue personnel also dug at the debris with their gloved hands to reach students.While on the scene, officials requested Campbell, a former longtime Madison County firefighter, to bring his trackhoe to help with rescue efforts.
"The machine was able to move the heavy stuff that they would have had to break up into pieces to move," Campbell said Saturday. "It just made things go so much faster."


Indonesia`s United Tractors January heavy equipment sales up 60 pct
Indonesia's PT United Tractors said Friday its "Komatsu" heavy equipment sales rose 60 percent to 491 units in January from 306 a year earlier, led by sales to the mining and agriculture sectors.

The "Komatsu" heavy equipment grabbed a 55 percent market share in Indonesia during the month, the company told Thomson Financial.

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