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Industry News

CBTU launches program to increase women in the trades by 30 percent

IPAF to launch updated MEWPs for managers course in eLearning

The International Powered Access Federation (IPAF) is launching an evolved version of its globally recognized MEWPs for Managers training. The course is aimed at those who plan, supervise or manage temporary work at height using powered access and can assure compliance with new requirements for supervisor training in the new ANSI A92 suite of standards in the US. The course will also be available for the first time as a standalone eLearning version.

Toromont announces 2018 results and quarterly dividend

Toromont Industries Ltd. has  reported financial results for the three months and year ended December 31, 2018. These results include the operations of the significant acquisition completed in October 2017. This transaction expanded Toromont's operations to include the Caterpillar dealerships for Quebec, the Maritime Provinces and Western Labrador and the MCFA lift truck dealership for Quebec and Ontario, in addition to other distribution rights. The acquired operations are collectively referenced as "Toromont QM or TQM" throughout this press release.

Iyer Named President of LiuGong Construction Machinery NA

LiuGong North America (LGNA) has announced Mani Iyer as its new president, effective February 1, 2019.  Kevin Thieneman, LGNA Chairman, said "Mani Iyer's track record in the equipment industry and his commitment to personal and professional growth is impressive. His ability to deliver business growth, his passionate and decisive management, and his belief in corporate and employee responsibility will be a perfect fit at LiuGong. We are very pleased to have Mani join the LiuGong team."

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Two giant awards to HİDROMEK’s newest excavators

Being among the top 50 manufacturers shaping the global construction machinery sector, Turkish manufacturer HİDROMEK, continues to add new accolades. Having celebrated its 40th foundation anniversary last year, HİDROMEK has been granted two design awards for its excavators called "Two Smart Giants" at the 2019 IF Design Awards. With these awards, the number of national and international design awards won by HİDROMEK rose to 17.

Deere reports first-quarter income of $498 million

Deere & Company reported net income of $498.5 million for the first quarter ended January 27, 2019, or $1.54 per share, compared with a net loss of $535.1 million, or $1.66 per share, for the quarter ended January 28, 2018. Affecting first-quarter 2018 results were charges to the provision for income taxes due to U.S. tax reform legislation (tax reform).  Without these tax reform charges, first-quarter 2018 net income results would have been $442.1 million, or $1.35 per share. 

COMANSA to show new 21LC1050 at Bauma

Tower crane manufacturer COMANSA will be displaying its latest high capacity crane at Bauma. The 21LC1050 flat-top crane can load up to 50 tonnes (110,230 lb), has a maximum radius of 80 metres (262.4 ft), and was designed to provide great performance in large industrial or infrastructure projects as well as in construction with heavy precast or steel structures, including PPVC.

Liebherr-Werk Ehingen celebrates 50-year anniversary

Whether an air-conditioning system is to be lifted on a high-rise roof or whether it is a question of extremely heavy parts of bridges or wind turbines—wherever loads have to be lifted and positioned with great precision, mobile and crawler cranes from Liebherr-Werk Ehingen GmbH are used. The approximately 3,600 employees in the company produce around 1,800 machines every year. The diversity of variants is huge. The current product range includes forty different crane types which were developed by roughly 300 engineers. Every customer, every application, every country has its own requirements of the complex machines. The cranes manufactured in Ehingen can be roughly divided into two product lines. On the one hand, there are the wheeled mobile cranes, which include all-terrain mobile cranes, compact cranes, truck-mounted cranes and rough-terrain cranes. On the other hand are the crawler cranes with lattice jibs or telescopic booms. The most powerful crawler crane towers over the famous Ulm Minster church located a stone's throw away from Ehingen. It is 240 metres high and lifts loads up to 3,000 tonnes.  

Thompson Pump sells rental operations to United Rentals

A new chapter in the life of an established company is beginning for Thompson Pump & Mfg. Co. following the sale of their rental assets and related operations to the Fluid Solutions Group of industry leader United Rentals. Having divested itself from the direct rental business, Thompson Pump plans to invest in and grow its pump manufacturing operations - the core business that has made Thompson Pump an iconic brand in the industry. 

Toro acquires Ditch Witch parent Charles Machine Works

The Toro Company will acquire privately-held Charles Machine Works, Inc., the parent company of Ditch Witch and several other leading brands in the underground construction market. The purchase price is $700 million in cash subject to certain adjustments set forth in the definitive agreement. The transaction is subject to regulatory approvals and other customary closing conditions and is currently anticipated to close before the end of Toro's fiscal 2019 third quarter. 

Trimble Exchange offers e-commerce platform for pre-owned Trimble gear

Trimble Exchange is an e-commerce platform connecting Trimble's SITECH dealer network directly with customers in the U.S. looking to purchase pre-owned, refurbished and legacy Trimble products. Inventory listed on Trimble Exchange is populated only by participating, authorized Trimble resellers. Customers shopping on Trimble Exchange complete their purchases through their trusted local dealer, allowing them to shop from a nationwide database and buy locally.

LEED changes a boost for C&D

Construction and demolition (C&D) materials are hefty. It is why we can so effectively build roads, bridges and buildings out of them. It's also why, by weight, they are the most significant material in the North American waste stream. This creates a challenge for recycling, as it's usually too expensive, in terms of ROI, to ship most recovered C&D end products, including wood, concrete, drywall, asphalt, and asphalt shingles.

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Manitou North America builds senior leadership team

Manitou North America rounds out its senior leadership team, adding three key team members positioned to drive the customer experience for its Manitou, Gehl and Mustang by Manitou brands. Myron Birschbach was announced as the new vice president of service and aftermarket; Scott McGuigan, eastern region vice president for Manitou North America sales; and Jill Pintor, business coordinator for Manitou North America.

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Hyde acquires slitting knives line from Thurston Manufacturing

Hyde Industrial Blade Solutions (IBS), a division of Hyde Tools, Inc., has announced the acquisition of the square edge slitting knives line from Thurston Manufacturing of Smithfield, RI. The purchase covers the product line and machinery to service existing Thurston customers and provide Hyde customers with better access to this line of knives used for cutting of thin sheet metal, paper, cloth, fabric and rubber.

JCB says farewell to 60-year career veteran, John Carter

For six decades, John Carter has embodied the spirit of JCB, the world's largest privately-owned manufacturer of construction, agriculture and defense equipment. Today the company bid farewell to the happy-natured journeyman whose career spanned three countries, included 15 different job titles and influenced thousands of colleagues.   

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