August 2018 News

Perkins appoints general managers
Mark Stratton appointed as general manager for large engines; David Goldspink is now general manager for medium engines.

Hitachi Construction Machinery enters rental business
The Hitachi Construction Machinery Group has acquired a 33.3 percent equity interest in ACME Lift Company.

Makinex announces new North American headquarters
Due to continued growth, Makinex has relocated its headquarters in Southern California.

State of the equipment sales process
Black Ink Technologies report finds present sales and marketing methods are fragmented and inefficient.

Terex AWP names new Genie vice president of Parts and Services
Matt Treadwell will work with the Terex global parts team to oversee parts and services activities worldwide for the Terex AWP business segment, driven by the Genie brand.

Terex Board elects chairman
Terex Corporation recently announced that John L. Garrison, Terex president and chief executive, will also assume the position of chairman of the Board.

Pettibone hires parts and service manager
Steve Vizanko has been named the new parts and service manager for Pettibone/Traverse Lift, LLC.

Nueces Power Equipment takes on Takeuchi line 
Based in Corpus Christi, Texas, the company will carry Takeuchi’s compact excavator and track loaders in their Houston and San Antonio locations.

ARA rental revenue forecast gains strength 
The American Rental Association (ARA), for the second quarter in a row, is projecting larger increases in rental revenue than it did in thefive-year forecast released in May.

How artificial intelligence is changing construction
After years of hype, the technology is finally here and can boost productivity, safety and other critical aspects of business success.

500,000 Cummins-powered vehicles recalled for emissions
EPA announces largest voluntary recall of medium- and heavy-duty trucks to replace faulty emissions control systems.

Tips on recruiting skilled workers
Association of Equipment Manufacturers (AEM) August 23, 2018 webinar will share employee-hunting ideas.

July Producer Price Index
PPI for final demand is unchanged in July; goods advance 0.1% and services decline 0.1 percent.

Total cost of ownership metric can help maximize rental profitability
David Garton of Case Construction Equipment shares how to use Total Cost of Ownership (TCO) in figuring profitability over the life of a piece of equipment.

BLS reports on July 2018 employment
Total nonfarm payroll employment rose by 157,000 in July, and the unemployment rate edged down to 3.9 percent, the U.S. Bureau of Labor Statistics reported today.

Venieri earthmoving equipment arrives in the United States
Applied Machinery Sales (AMS) expands its offering of material handling solutions to the United States market with the introduction of VF-Venieri loaders and backhoes.