Industry News News
Driven by improvements in most major markets, Volvo Construction Equipment (Volvo CE) reported that net sales in the second quarter of 2017 increased by more than a third, rising 36% compared to the same period in the year before. Good cost control as volumes return also resulted in a significant improvement in profitability.
More than half a century after they invented the concept, Volvo Construction Equipment recently celebrated the production of the 75,000th articulated hauler. Having produced more than half of the articulated haulers ever made, a staggering 50,000 Volvo haulers are still in regular use around the world.
Nestled in the Animas River Valley, surrounded by the San Juan Mountains is the city of Durango, Colorado. The region's evergreen forests and babbling creeks are adored by locals and nature enthusiasts alike; attracting a steady flow of holidaymakers throughout the year. With tourism the leading driver of Durango's economy, maintenance on local attractions, such as the Durango Whitewater Park, is necessary.
SDLG has announced a new, North American website that will make it easier for dealers and customers to interact with the company. The new site is optimized for mobile devices, for example, and it will present well on desktops, tablet and smartphones. It also features a new, robust search function that makes finding information on the company's products and dealers more convenient than before.
CASE Construction Equipment has named its 2017 "Diamond Dealer" and "Gold Dealer" award recipients as a part of its North American Construction Equipment Partnership Program. The awards recognize dealerships across the US and Canada for excellence in five categories including sales performance, marketing and communications, product support, parts support and training.
Cooper Equipment Rentals Limited has acquired Alberta Lift and Equipment Rentals Inc. Established in 2012, Alberta Lift is an equipment rental company focused on aerial equipment that services Southern Alberta from its branches in Calgary and Lethbridge. The company has built its business through an uncompromising dedication to customer service. Alberta Lift offers quality, late model equipment that is supported by a highly experienced team of rental professionals. Justin Wharton, the President and co-founder of Alberta Lift, will assume a senior role with Cooper, and will help grow Cooper's business in Western Canada.
Kramer-Werke GmbH, a Wacker Neuson SE company, and John Deere GmbH & Co. KG, a member of the Deere & Company group, USA, have agreed to form a strategic alliance focusing on the sale of Kramer-branded material handling equipment for the agricultural market. The aim of the agreement is to build a long-term collaboration between the companies. The alliance is subject to approval from the relevant anti-trust authorities.
DEUTZ Corporation has signed an agreement with Montreal-based MarIndustrial to be its new distributor in the Canadian province of Ontario. MarIndustrial now owns the distribution rights to sell and service DEUTZ products in Ontario, including new engines and Xchange remanufactured engines. MarIndustrial will also provide DEUTZ Genuine Parts, service and warranty support.
Gilmour Street, located south-southeast of downtown Ottawa, runs through the area of the nation's capital called Centretown. It's mostly residential with some businesses mixed in, and is situated between the Ottawa River and the historic Rideau Canal.
Jaz Gill has been appointed Vice President of Global Sales, Marketing, Service and Aftermarket Parts at Perkins Engines Company Limited. Responsible for global engine sales, parts and customer relationships, Jaz will be based in Peterborough, UK and will have offices in San Antonio, Texas U.S. and Shanghai, China.
Melker Jernberg was born in 1968 and is currently President and CEO of the Sweden-based powder metallurgy company Höganäs AB. Prior to this he held the position of Executive Vice President and Head of Business Area EMEA at swedish-based steel manufacturer SSAB. Melker Jernberg will assume his new position on January 1, 2018.
Haver & Boecker, has hired James McGillivray as a certified sales manager for Ontario, Canada. He brings 10 years of construction sales experience to his new role.
The Timken Company hasy announced that it has reached an agreement to acquire Groeneveld Group, a provider of automatic lubrication solutions used in on- and off-highway applications, for approximately $280 million. For the 12 months ending May 31, 2017, Groeneveld Group sales were approximately $105 million. The transaction is expected to be accretive to adjusted earnings per share in 2017. Additionally, Groeneveld Group has a strong margin profile, which is expected to be accretive to Timken's EBITDA margin and to be further enhanced as a result of synergies.
Dynapac North America LLC, a manufacturer of rollers for asphalt and soil applications, pavers and planers, has appointed Jennifer Bishop Marketing & Communications Manager for North America. She will lead Dynapac branding, marketing and communications efforts in the region, effective July 1, 2017.