All Business & Finance Articles

China to increase infrastructure construction spending
According to Chinese state TV the country will increase infrastructure construction spending to provide a boost to its economy 
Daikin acquires Duplomatic Motion Solutions
Duplomatic Motion Solutions has been acquired from Alcedo Sgr by Daikin Industries, Ltd.
North America strong for Caterpillar
First quarter saw high revenue growth in North American construction and resource industries
JLG Q1 sales soar, profits slump
JLG revenues for Q1 up 19.6 percent but overall profits decline -91 percent 
Launch of electric construction equipment accelerates in 2022
Almost half of new construction products launched this year have been electric
Terex buys Irish steel fabricator Steelweld
Move aimed to support growth of Terex Materials Processing
Tadano suspends crane production
Component shortages precipitate temporary production stoppage at four crane factories in Germany and Japan
Boris Johnson joins Lord Bamford at new JCB India plant opening
The new plant will be gender diverse, employing 50% women
Survey highlights OEM skills shortages
New survey reveals main issue is with technical and engineering positions
Rokbak appoints new North American dealer
ProSource Machinery will represent Rokbak in Colorado and Montana in the US
Ukraine war to hit European construction
Conflict will lead to fall of 3.4% in Eastern Europe’s construction output in 2022, says market analyst GlobalData
First speakers for ALH Conference announced
Larry Silber, president and CEO of Herc Rentals, to keynote ALH Conference, Sept. 29 in Chicago
Manitex changes CEO, buys into rental
Steve Filipov replaced by former AMECO and H-E Parts executive
Liebherr sees sales rise for all construction sectors
Strong sales performance in 2021 for Liebherr, with Germany, US and Brazil noted as seeing especially strong growth 
Skyjack president discusses new facilities in China
Interview: Ken McDougall on how Skyjack will serve the Asia Pacific region
Kevin Parkes returns as Finning COO
Recovery from illness allows Parkes to take up new senior role at the Caterpillar dealership
Manitou opens €26 million MEWP factory
New ‘smart’ facility in France is strategic move targeting growing MEWP markets
Heinzmann buys filter specialist IFT
Filters are said to help improve efficiency and reduce maintenance requirements
Zeppelin may have to exit Russia and Ukraine
Company said war having a “massive impact” on its business and could force an exit from Russia and Ukraine
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