News November 2016

AEM elects 2017 officers, new directors
The Association of Equipment Manufacturers (AEM) announces its 2017 officers as well as directors elected to its Board of Directors and AG and CE Sector Boards.

Construction jobs increased in 35 states from September 2015 and September 2016
The AGC recently reported on Dept. of Labor statistics.

Trailer auction benefits American Brain Tumor Association (ABTA)
Felling Trailers conducted its fourth online auction of a FT-3 drop deck utility trailer to benefit ABTA.

Augmented reality-based remote support for equipment
Scope AR's platform will be available to more than 160 Cat dealers, Cat machinery users and others under the Cat brand worldwide.

Mandatory replacement intervals for JLG wire rope and sheaves extended
JLG Industries, Inc. has extended the length of its mandatory wire rope and sheave replacement interval from eight to 12 years...

Equipment Leasing and Finance Industry confidence eases
The Equipment Leasing & Finance Foundation released the November 2016 Monthly Confidence Index  November 17, 2016. While down from October, it remains positive.

IronPlanet launches allEquip with make-an-offer feature|
Fixed and negotiated price format compliments online and onsite auctions.

Economic report: Looking up in 2017
ITR Economics’ economist Alan Beaulieu shared insights with attendees at the Specialty Tools and Fasteners Distributors Association (STAFDA) on election day.

Construction stocks surge on Trump infrastructure program
Investment in construction and engineering companies is up in anticipation of a significant infrastructure-spending program promised by president-elect Donald Trump.

October equipment resale trends
EquipmentWatch shares how the latest values for more than 14,000 construction, agriculture and lift/access equipment models fared in October 2016.

Construction sector adds 11,000 jobs in October
Nonfarm payrolls increased by 161,000 in October, below economists' average expectations, according to today's data from the Bureau of Labor Statistics.

IPAF launches online training for aerial operators
Train for the first time, or refresh your knowledge for free for a limited time.

How the next president will impact construction
Construction Dive’s Emily Peiffer asks leading construction industry professionals how Trump vs. Clinton will affect infrastructure and housing construction.

Riwal enters into global partnership with SmartEquip
SmartEquip will provide technological support for Riwal's parts and service operations at  57 locations in 16 countries, including across Europe, the Middle East and India.

Ownership costs of hydraulic excavators by state
Alaskan regions claim the top three spots as the most expensive states while Arizona, Utah, and New Mexico round out the least expensive.

Power Equipment Co. becomes Terramac dealer
Power Equipment Co. will represent the Terramac product line in regions of Arkansas and Tennessee.