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Industry News

Deere reports first-quarter 2018 loss due to tax reform effects

Deere reports first-quarter 2018 loss due to tax reform effects

Deere & Company reported a net loss of $535.1 million for the first quarter ended January 28, 2018, or $1.66 per share, compared with net income of $199.0 million, or $0.62 per share, for the quarter ended January 29, 2017. Affecting first-quarter 2018 results were charges to the provision for income taxes due to the enactment of U.S. tax reform legislation on December 22, 2017 (tax reform).

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Lifting & Material Handling

JLG DirectAccess website aims to help owners and operators better understand their access equipment, regulations and more

JLG Industries, Inc. has launched JLG DirectAccess. Accessible at www.jlg.com/en/direct-access, this new digital property is designed to provide equipment owners and operators with a wide range of information to help them better understand their access equipment, the industry, its regulations and future technologies.  

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Construction Technologies

New Holland tests autonomous tractor in vineyard applications

New Holland is testing autonomous technology in vineyard applications.

New Holland Agriculture is partnering with E. & J. Gallo Winery, the largest family owned winery in the world, in a pilot project testing its NHDrive autonomous technology applied to T4.110F vineyard tractors. This collaborative pilot program is focused on gathering agronomic and operator feedback on the use of this technology in everyday vineyard activities, with the ultimate objective of delivering autonomous solutions that are driven by the real-world requirements of winegrowers.

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Maintenance & Management

8 points to consider when purchasing equipment

Hubbard Construction Company utilizes data to manage and optimize their fleet and productivity.

With some 1,500 pieces of equipment – nearly 400 of them heavy equipment – Florida-based highway specialist contractor Hubbard Construction Company has adopted an 8-point selection process in a bid to boost machine productivity. John Sharp is the company's experienced Group Equipment Director. 

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Shows & Events

What to see at The Rental Show 2018 Part 4

Perkins will highlight their Syncro 1.7- and 2.2-litre compact engines.

The Rental Show is the American Rental Association's annual convention and trade show for the equipment rental industry. It features construction/industrial equipment, general tool/light construction equipment and party/special event equipment. The Rental Show 2018 will be held in New Orleans, Louisiana, from February 19 to 21. Check back with Heavy Equipment Guide throughout the week leading up to the show for continuing coverage. The following is a selection of what exhibitors will be highlighting at The Rental Show.

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Underground & Utility

Vermeer and Mincon form distribution alliance for rock tools

Vermeer and Mincon will work together to provide rock tooling to the HDD industry and others around the world.

Two of the horizontal directional drilling (HDD) industry's leading equipment and tooling manufacturers, Vermeer Corporation and Mincon Group PLC, have formed a distribution alliance to expand contractors' access to quality rock tooling worldwide. As part of the agreement, Vermeer dealers are now the exclusive channel for Mincon HDD air hammer systems, HDD pull reaming hammers and HDD support equipment, including HDD support stations and oilers.

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Lifting & Material Handling

Manitou Launches NewAg MLT Telehandlers for the Agricultural Industry

Manitou is launching a new product line for the agricultural industry, its NewAg telescopic loaders. The new line unveils essential innovations in comfort, performance and efficiency for the agricultural industry. The models will be launched in North American in 2018-- the Manitou MLT 630, MLT 733 and MLT 737. "We spent years researching the daily demands facing today's farmers to ensure that our NewAg Range meets the requirements for comfort, performance and productivity," said Chris Mathijs, director of Manitou sales, Manitou North America. "We focused on innovations in engineering, technology and design that would improve overall profitability and efficiency on the farm."

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Kinshofer NOX-Tiltrotators have cylinderless design and only two grease points

According to Kinshofer, the NOX-Tiltrotator's cylinderless design provides a narrower tool than other manufacturers' tiltrotators.

Kinshofer's NOX-Tiltrotators have a universal joint that offers 360-degree continuous rotation and tilting angles of up to 2 by 55 degrees, which the company says is the widest in the industry. The Tiltrotator features an elliptical piston, rather than a cylinder, for a streamlined design and high-power performance in a variety of tight areas and applications, such as road construction, general construction and city snow removal.

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Shows & Events

What to see at The Rental Show 2018 Part 3

VMAC will introduce the G30 gas-engine-driven air compressor to the rental market at The Rental Show.

The Rental Show is the American Rental Association's annual convention and trade show for the equipment rental industry. It features construction/industrial equipment, general tool/light construction equipment and party/special event equipment. The Rental Show 2018 will be held in New Orleans, Louisiana, from February 19 to 21. Check back with Heavy Equipment Guide throughout the week leading up to the show for continuing coverage. The following is a selection of what exhibitors will be highlighting at The Rental Show.

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Industry News

Construction wages in BC expected to rise by nearly 10 percent through 2019

Employment and wages are expected to rise in the construction sector through 2019, according to the ICBA.

B.C. construction workers should see pay raises of nearly 10 percent over the next two years, according to the results of the Independent Contractors and Businesses Association's (ICBA) 2018 Wage and Benefits Survey. But it's still getting tougher and tougher for companies to find skilled workers.

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Shows & Events

What to see at The Rental Show 2018 Part 2

The John Deere 325G compact track loader.

The Rental Show is the American Rental Association's annual convention and trade show for the equipment rental industry. It features construction/industrial equipment, general tool/light construction equipment and party/special event equipment. The Rental Show 2018 will be held in New Orleans, Louisiana, from February 19 to 21. Check back with Heavy Equipment Guide throughout the week leading up to the show for continuing coverage. The following is a selection of what exhibitors will be highlighting at The Rental Show.

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