Weekly recap: CanLift steps into earthmoving, CASE’s new electric mini excavator, wheel loaders for aggregates use, and more
Versatility always proves to be a valuable asset on any job site and is something that contractors look for when buying new equipment. This week, learn how to get the most out of a wheel loader for aggregates production, CASE Construction Equipment showcased their latest electric mini excavator, and the Manitou Group shared plans to invest $80 million across two North American manufacturing facilities. Plus, one Ontario dealership known for aerial equipment and material handling has stepped into the earthmoving equipment market. Here are five articles from this week you won't want to miss.
Fast and furiously productive: versatile wheel loaders for aggregate use
Wheel loaders are one of the more prominent pieces of equipment in quarry operations. These machines are one of the best options for moving material like gravel and sand into trucks or around the site as needed. Recently, Heavy Equipment Guide spoke to some industry experts about how aggregates producers can get the most out of their wheel loaders.
Find out how you can get the most out of your wheel loaders in the full article.
CASE shows new electric mini excavator with minimal swing radius
CASE Construction Equipment has shown an electric mini excavator at CNH Industrial's Capital Markets Day. The showcase included the first look at the CASE CX15 EV, an electric mini excavator for the North American market in 2023. The CASE CX15 EV is a 2,900-pound mini excavator powered by a 16 kW electric motor that can work very close to structures and obstacles with a minimum swing radius design.
Find out if CASE's electric mini excavator can fit the needs of your fleet in the full article.
Manitou Group to invest $80 million across two North American manufacturing facilities
Manitou Group plans to invest $80 million in two of its North American manufacturing facilities in Yankton and Madison, South Dakota. This investment is to be spent on the extension of both sites and the development of new ranges. Nearly $23 million will be dedicated to research and development projects.
Watch the video detailing Manitou's manufacturing investment in the full article.
Ontario dealer CanLift steps into earthmoving with XCMG agreement
As the Canadian construction sector is experiencing a strong return to business, demand for new heavy equipment has come as well. Because of this demand, CanLift Equipment, a dealer known for supplying aerial equipment and material handling, has added XCMG earthmoving equipment to its lineup.
Learn more about CanLift Equipment's expansion into earthmoving in the full article.
ARA forecast for equipment rental revenue growth continues to trend positively
The latest quarterly American Rental Association (ARA) forecast for equipment rental revenue calls for a 10.2 percent increase in 2022 to reach $52.7 billion in the United States. The revenue forecast also predicts equipment rentals to increase by 6 percent in 2023, 2.9 percent in 2024, and 3.4 percent in 2025 to reach 59.5 billion.
Get the latest on the ARA's quarterly forecast in the full article.
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