Industry News
Volvo to equip all general purpose machines with CareTrack telematics system as standard
Volvo Construction Equipment has announced it will fit as standard its remote monitoring (telematics) system on all larger machines – along with a no charge 36 month CareTrack service subscription. Under the plan, all newly produced larger machines (wheel loaders over 10 tonnes, articulated haulers, excavators over 12 tonnes, motor graders) ordered for markets with CareTrack availability, will be standard equipped with telematics and will be delivered with a no charge, 3-year CareTrack customer subscription that enables owners to enlist the full range of benefits available with remote monitoring. “Volvo Construction Equipment feels that remote machine monitoring is a feature read more
IronPlanet reports record quarter with gross auction sales of $123 million
IronPlanet, the world’s leading online auction company for used construction and agricultural equipment, posted record sales for the third quarter of 2009. Gross auction sales were $123 million, an increase of 61 percent over third quarter of 2008. IronPlanet’s year-to-date performance of $334 million is a 36 percent increase over the same period in 2008. “I continue to be pleased with our quarterly and year-to-date performance as we continue to deliver on our business objectives in 2009,” said Gregory J. Owens, IronPlanet chairman and chief executive officer. “Our ongoing commitment to our customers to bring fair market value for their read more
Caterpillar Inc. Named in Newsweek’s Top 100
Caterpillar’s commitment to align its sustainability efforts with business strategy has earned the company a place on Newsweek’s Green Rankings, securing the #73 spot out of 500 companies listed. Caterpillar was named #5 in the Industrial Goods sector. The rankings are based on the company's environmental policies, practices and overall reputation. "Throughout Caterpillar we work diligently to hold our company to higher standards in the area of sustainable development," said Caterpillar Group President, Doug Oberhelman. “This recognition is proof our hard work and long term strategies are paying off." A key focus for Caterpillar has been progress toward 2020 goals read more
KIOTI Tractor Earns USCA 2009 Best of Wendell Award in Industrial Tractor Category
KIOTI Tractor, a division of Daedong Industrial Company Ltd, has been awarded the 2009 Best of Wendell Award in the Industrial Tractors category from the U.S. Commerce Association (USCA). The USCA "Best of Local Business" Awards Program recognizes outstanding local businesses throughout the country. Each year, the USCA identifies companies that they believe have achieved exceptional marketing success in their local community in a specific business category. Winners are local companies that enhance the positive image of small business through service to their customers, loyalty to their employees and support of the community. The USCA identified KIOTI as a company read more
First Cat® branded retail lifestyle store opens in Dubai
Caterpillar Inc. announces the launch of its first pilot Cat branded retail lifestyle store in the Dubai Mall. The store represents the first of several Cat branded lifestyle stores planned in test markets around the world throughout the next two years. This foray into the global retail landscape reinforces Caterpillar as a lifestyle brand while maintaining a strong association with the qualities and attributes of the Cat and Caterpillar® brands. The Dubai store is the culmination of efforts between Caterpillar’s two largest retail trademark merchandise licensees, Wolverine World Wide, Inc. (WWW) and SRI Apparel Limited (SRIA). Through this collaborative effort, read more
STIMULUS-FUNDED CONSTRUCTION PROJECTS CREATING NEW JOBS NATIONWIDE
Despite Today's Disappointing Jobs Report, Associated General Contractors of America Finds Early Signs Stimulus is Putting Americans Back to Work Construction companies nationwide are reporting that the stimulus bill passed last February is making it possible to hire new workers, according to information gathered by the Associated General Contractors of America. The early information provides the first glimpse into how federally funded infrastructure and construction projects can help improve overall economic conditions, the association added. "Early reports indicate that the infrastructure piece of stimulus is beginning to do exactly what was intended, put construction workers back on the job," said read more
JLG Launches Fluid Analysis Service to Enhance Equipment Performance
JLG Industries, Inc., an Oshkosh Corporation company [NYSE: OSK], is pleased to announce the introduction of a Fluid Analysis Program for JLG customers of telehandlers, aerial work platforms, etc. in North America. This service is designed to complement JLG’s existing Ground Support™ efforts that help keep JLG equipment ready and productive. Fluid analysis is a preventive maintenance activity under the recently launched JLG Extended Warranty Program, but can also be used independently. The benefits of a fluid analysis program include: • Maximize equipment reliability • Extend oil drain intervals • Extend equipment and component life • Proactively prevent equipment failures read more
CUMMINS QSL9 EVOLVES TO MEET 2011 EMISSIONS WITH INTEGRATED AIR-INTAKE TO EXHAUST AFTERTREATMENT
Cummins Inc. (NYSE: CMI) will introduce the next generation QSL9 engine platform ready to meet EPA Tier 4 Interim and EU Stage IIIB off-highway emissions at the INTERMAT Show in Paris, France from April 20 to 25th. The QSL9 will be showcased as a fully integrated air-intake to exhaust aftertreatment system with all Tier 4 technology enablers designed and manufactured by Cummins. Cleaner, more efficient combustion reduces QSL9 fuel consumption by up to 5 percent, dependent on rating. The QSL9 increases top-rated power to 380 hp (283 kW) with peak power rising to 400 hp (298 kW) at a lower read more
Cat® Auction Services Offers a Unique Unreserved Auction
Cat® Auction Services is changing the rules in the auction industry. A partnership of Caterpillar® dealers, the new business is focused on creating value and reducing risk for both buyers and sellers. Cat Auction Services offers more assurances than other auction companies through detailed inspections, a range of warranty protection and parts discounts for qualified Caterpillar equipment, plus Cat dealer parts and service support. In short, the level of transparency in the auctions will give both buyers and sellers more information about the equipment and more options after the sale. “We’ve created a customer-focused approach that leverages our heavy equipment read more
Clean Diesel Emerging Technology Grant Funding Now Available
The U.S. Environmental Protection Agency (EPA) plans to award approximately $3.4 million in grants to establish projects using emerging technologies to reduce emissions from the nation's existing fleet of diesel engines. Addressing the existing fleet is important because it pre-dates EPA's stringent new particulate and nitrogen oxide standards and diesels remain in use for decades. This sum was authorized by the Energy Policy Act of 2005 and funded for the first time this fiscal year. State, local, regional and tribal governments may apply for the grants, as well as non-profits and institutions with transportation, educational service, and air quality responsibilities. read more
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