| United Equipment News - Follow us on Twitter & Facebook July 22, 2011 - Caterpillar reports 91% earnings sales jump on heavy equipment and industrial machines mining, infrastructure and energy resources. Caterpillar Inc. had net income of $707 million, or $1.09 per share. That was up from $371 million, or 60 cents per share of profit a year ago. Sales rose 31% to $10.4 billion, with Caterpillar reporting gains in machinery sales in all four global regions it serves, detailed United Equipment Sales. Read More John Deere has released hybrid electric - diesel powered construction and farm equipment that offer owners clean emissions and lower operating costs. Deere also announced 16% profits with over 25% in South America. Read More Caterpillar Inc. (NYSE: CAT) reports buying FCM Rail, Ltd. Based in Fenton, Michigan, FCM is a leading lessor of maintenance-of-way or MOW equipment in the United States. The acquisition strengthens Progress Rail’s existing position in the MOW industry by expanding its service offerings, reports United Equipment Sales, Inc. Read Article Currently, the $45.4 billion world mining equipment industry with forecasts for several years by mining application. Global mining equipment demand will rise 4.9 percent annually through 2013. Gains will be driven by rising demand for commodities such as iron ore and copper, and the ongoing thirst for energy sources such as coal.Global mining equipment demand will rise 4.9 percent annually through 2013. Gains will be driven by rising demand for commodities such as iron ore and copper, and the ongoing thirst for energy sources such as coal. Read Full Article... Genie maker of equipment scissor lifts announced its new battery charger to extend productivity to all model including the new Terex Aerial Work Platforms branded slab scissor models: the GS™-30, GS™-32 and the GS™-46 Series. The new slab scissors offer superior performance coupled with a maximized battery life. Read More Sany America offers Heavy Equipment Medium-Scale Excavators Mining Cummins engines optimize performance with low noise and meets EPA Tier III emissions regulations. Positive flow hydraulic control system provides intelligent control, comfortable operation and high working efficiency. Advanced intelligent control system provides high reliability and low fuel consumption by total control of the engine, hydraulic and electronic systems. Read Full Article... Sany Cements Growth - Heavy construction equipment maker, Sany Heavy Industry Co Ltd prepares for an initial public offering, IPO in Hong Kong after posting its 59.3% year-on-year growth net profit, 2009. Sany controls 50% of Chinese heavy equipment and mining machine markets. The data was uncovered by United Equipment Sales, Inc. , a leading broker of both new and used Sany equipment in Latin America and the United States. Read More
Best Prices NEW & USED Equipment! Call Us (503) 283-2105 United Equipment Sales reports the cement industry employed more than 17,000 Americans and nearly $27.5 billion of the nation’s economic activity, or gross output, occurred in the cement manufacturing industry. Indirectly, the industry supported almost 153,000 jobs and $7.5 billion in wages and benefits. Read More Renewable Energy - SANY Electric, an affiliate of SANY Group will announce its new wind energy and supporting products in Dallas, Texas, at WINDPOWER 2010 on May 23rd, reports United Equipment Sales. After recently posting 54% net profit increases, mostly from growth in the Chinese heavy construction equipment market; Sany Group has now added to its global portfolio with its investment in the wind energy industry. Read more Best Prices NEW & USED Equipment! | |