July 2017 News

CNH Industrial 2Q 2017 revenues up 3 percent to $6.9 billion
Net income at $247 million with adjusted net income up 2 percent to $266 million or $0.19 per share.  

Make machine data your new competitive advantage
Al Cervero, AEM senior vice president, Construction, Mining and Utility, shares some thought-proving ideas on the Internet of things (IoT). 

Labor compensation costs increase in June
Compensation costs for civilian workers increased 0.5 percent, seasonally adjusted, for the 3-month period ending in June 2017, the U.S. Bureau of Labor Statistics reported July 28.

Genie product support field service team expands
New techs strategically positioned throughout North America to meet customers’ needs.

Timed, online-only  auction sales record broken
Proxibid reports that J.J. Kane Auctioneers’ July 21 auction surpassed $4.1 million across 850 online bidders.

Manitou Americas donates skid steer loaders
Local county organizations benefit.

Bobcat Co. adds dealer in Brookfield Missouri
Brookfield Tractor is now an authorized new and used sales, service and parts provider of Bobcat equipment.

JLG opens East Coast parts distribution center
Atlanta-based facility will improve parts availability and delivery times.

Bomag announces vice president of sales and marketing
Shawn Sweet brings more than 27 years of industry experience.

Hyundai Construction Equipment adds Newman Tractor
Hyundai Construction Equipment Americas announces the addition of Newman Tractor, Bartow, Florida, to its North American authorized dealer network.

Steady as she goes…
Equipment Leasing and Finance Industry Confidence in July steady with previous two months.

Genuine Perkins parts available online
Perkins customers can now buy genuine Perkins parts online after the company’s online shop at

Volvo Construction Equipment sales up 36% in strong second quarter
Transformation program and increasing demand in key markets helps boost Volvo CE in Q2 2017, with significant improvements in sales and earnings.

JLG introduces fleet management system
JLG Industries, recently released its ClearSky fleet management telematics solution that meets users’ needs for simplicty, flexibility and ease of use.

John Deere’s Small Machines. Big Impact. winners announced
Eric Moores, Woodbine, Iowa, won the contest and will take home a new 333G compact track loader.

Wacker Neuson chooses next CEO of the company
Martin Lehner Wacker Neuson’s chief technology officer and Deputy CEO to Cem Peksaglam, will replace Peksaglam when he steps down in August.

Host hotels for STAFDA's 41st Annual Convention and Trade Show sold out
All three of STAFDA’s host hotels in Austin are sold out, however, STAFDA will continue to add hotels.

Takeuchi announces new dealer
Takeuchi-US has added Ditch Witch of Georgia to its dealer network.

Fred Whyte, former Stihl president, passes
Man of Stihl and power tool icon dies after 45 years of service.

Kramer and John Deere form strategic alliance for the agriculture sector
Kramer-Werke GmbH, a Wacker Neuson SE and John Deere GmbH & Co. KG have agreed to form a strategic alliance focusing on the sale of Kramer-branded material-handling equipment for the agricultural market.

STAFDA convention hotel sell-outs, booth registration taking time
Important registration news about STAFDA’s 41st Annual Convention and Trade Show in Austin Nov. 12-17.

Home Depot purchases Compact Power Equipment
The Home Depot announces a definitive agreement to purchase Compact Power Equipment, Inc., a leading national provider of equipment rental and maintenance services, for $265 million in cash.

Handling Systems International adds director of Business Development
Handlings Systems International recently announced the addition of Bret Lussow as director of Business Development.

Rental eSign
Any document, any signature, any time electronic signature product now available to non-Point of Rental customers.

Henry Co. acquires TQ3 North America, Inc.
Waterproofing solutions from TQ3 fulfill growing construction needs for commercial Building Envelope Systems.

U.S. construction spending holds even in May
Public construction advances 2.1 percent as residential slips 0.6 percent for month. 

FTG Equipment Solutions adds director of Product Support
FTG Equipment Solutions recently hired of Nick Luciano as director of Product Support.

Jernberg appointed president of Volvo Construction Equipment
Melker Jernberg has been appointed president of Volvo Construction Equipment and member of the Volvo Group Executive Board.

Gill named vice president at Perkins
Jaz Gill has been appointed vice president of Global Sales, Marketing, Service and Aftermarket Parts at Perkins Engines Company Limited.