January 2017 PCR News archive

AIA predicts construction growth in 2017
The American Institute of Architects' (AIA) semi-annual consensus report of construction industry leaders predicts a 5.6 percent increase in the nonresidential sector in 2017.

Genie names directors to lead Terex AWP teams
Hailey leads product management team; Hislop manages design engineering group.

BLS: Compensation costs increased in 2016
The Bureau of Labor Statistics reports that compensation rose 2.2 percent, wages and salaries are up 2.3 percent, and benefits rose 2.1 percent in 2016.

Caterpillar shares year-end results and 2017 outlook
Caterpillar Inc. reported fourth-quarter sales and revenue of $9.6 billion, down from $11 billion in the same period last year.

New Holland Construction manufactures its 250,000th skid steer loader
New Holland celebrates manufacturing milestone and 45 years of Super Boom loader.

United Rentals to acquire NES Rentals
United Rentals, Inc. recently announced it will acquire NES Rental Holdings II Inc. for approximately $965 million in cash.

JLG plans to close three facilities
Changes would affect Belgium, United Kingdom and U.S. facilities.

Increasing construction demand improves rental outlook
Emerging markets will propel rentals and potentially stress aftermarket service organizations.

Terex offers free freight for Genie parts orders
Genie now offers North American customers free ground freight on all Genie Genuine Parts orders of $750 or more.

Diamond Products names new vice president of sales and marketing
Diamond Products Limited announces the appointment of Keith Ripley to vice president of Sales and Marketing.

Top 10 equipment acquisition trends for 2017
Equipment Leasing and Finance Association reports economic improvement, renewed business confidence and business-friendly policy changes support positive investment momentum.

Dried concrete removal and more
Vapor blasting solves a variety of stripping dilemmas.

The future of the Affordable Care Act (ACA)
Changes ahead under President Trump.

Tax reform likely in 2017
The Specialty Tools and Fasteners Distributors Association (STAFDA) shares tax reform predictions from the Small Business Legislative Council.

CSDA announces 2017 calendar
Full-year calendar covers training programs and association meetings.

KKR to acquire Hitachi Koki
Hitachi Koki acquired Metabo in March 2016.

Public equipment auction February 13-17, 2017
IronPlanet to leverage innovative technologies and real-time mobile capabilities for on-site events.

Noble Iron and American High Reach form asset-sharing partnership
The Association of Equipment Manufacturers recently reported that Noble Iron Inc. announced the launch of an asset sharing partnership with American High Reach Inc.

John Deere adds Foresight Intelligence, Inc. to endorsed data solutions list
John Deere is adding Foresight Intelligence to its stable of construction data solutions to increase dealer efficiencies and customer uptime.

Hyundai Construction Equipment Americas names 2016 top dealers
Rob’s Hydraulics Honored as Dealer of Year, RECO Equipment Named Rookie Dealer of Year.

Tips for maintaining Tier 4 Final air compressor engines
Maintenance assures proper operation and reduced emissions.

Inform customers about high-ethanol fuel blends
The Outdoor Power Equipment Institute offers helpful materials that rental centers can use to educate customers.

Dodge Momentum Index rises 2.9 percent in December
The index is now at an eight-year high, but it still falls short of its 2007 peak.

JLG expands its All Makes parts inventory
JLG offers a wide variety of parts for more than 50 equipment brands. It recently expanded the list of parts it offers through this service.

Plot your performance against leading economic indicators
ITR Economics’ DataCast is a simple, powerful data analytics tool.

STAFDA announces Phoenix Inside Sales and Service Pro Workshop
Build your inside sales and service team's skills at this workshop in Phoenix April 5-6, 2017.

EquipmentWatch posts updated ownership and operating costs
Cost Recovery/Rental Rate Blue Book and Internal Charge Rate Calculator are now available.

MWE launches new website for wholesale customers
Midwest Equipment Sales (MWE) recently updated its dealer portal at

10 construction trends that will affect equipment rental opportunities
Although the construction wheel will continue to spin at a decent clip throughout 2017, industry watchers cite uncertainty looms over the industry.

U.S. real GDP grows at 3.5 percent annual rate in Q3 2016
Real gross domestic income (GDI) increased 4.8 percent in the quarter.

MBT offers spill kit tips
How to determine the right spill kit contents for any location.

Care and feeding of Tier 4 Final-complaint engines
Fuel and diesel exhaust fluid quality are critical to success.

Product Focus: Mini excavators
Equipment manufacturers share new model features.