Industry News

Nortrax, Inc. has recently made the decision to sell seven of their Midwest Region John Deere dealerships to the family-owned company, the McCoy Group, Inc. in Dubuque, IA. Nortrax will be retaining their other 38 dealerships, but the McCoy group will now run the other seven stores, selling John Deere products as McCoy Construction & Forestry (MCF). The new company will still be retaining the Nortrax employees they originally had in the Escanaba, MI, Merrill, Chippewa Falls, Ashland, WI, Duluth, Grand Rapids, and Bemidji, MN branches.
May 16, 2018

Komatsu, a leading global heavy equipment manufacturer, has recently announced their decision to move their North American headquarters to Chicago, IL in 2020. This decision stems from considerations such as the ability to have better access to the O’Hare airport and public transportation options for employees. The open, collaborative workspaces that will be featured in the new HQ, as well as Chicagoland’s diverse talent pool were also leading factors in the decision.
April 11, 2018

In an agreement with PBE Group, Komatsu America announced a few days ago that it is has entered into a purchasing agreement to acquire the assets of the PBE group, which includes Pine Bush Equipment Co. Inc. as well as East PBE Inc. As a leading global manufacturer of heavy equipment, Komatsu’s decision is in support of long-term distributor growth and customer satisfaction. The purchase of the assets if subject to a period of due diligence, and the planned closing date for the deal is on April 1, 2018.
February 28, 2018

In an effort to promote the Sustainable Development Goals of the UN, Manitou group has announced its newest initiative, Elevation Frontiers. This initiative aims to prioritize the already defined Sustainable Goals established by the UN in order to secure a more viable future. Manitou will be working with select universities in order to develop innovative business solutions that work to advance these goals and pave the way for a sustainable future.
February 27, 2018

Vanguard is releasing new global single cylinder engines designed with consumer input for maximum performance. The ground-up design process allowed Vanguard to engineer all-new carburetion, ignition and combustion systems to promote reliable starting in any environment. To secure four-season starting, the engine is designed to start at temperatures as low as -20 degrees Fahrenheit. In addition, all surfaces inside the carburetor that contact fuel feature a special corrosion and stale fuel resistant plating.
February 1, 2018

John Deere today launched its second “Small Machines. Big Impact” contest. The contest encourages construction contractors, landscapers, farmers and rental industry professionals across the country to express how they would drive positive change in their communities if they were to win a new John Deere G-Series machine.
January 31, 2018

Thanks to the recent passage of the U.S. tax reform legislation, the FCA is now planning on investing additional funds into its U.S. manufacturing operations, in addition to rewarding its employees for their continued efforts in helping to make the company such a success. The announcement came on January 11th, and with it, an implication of positive impacts for the company and the United States as a manufacturing power for Ram products.
January 12, 2018

Caterpillar is releasing its first portable inverter generator this month. The INV2000 produces 1800 watts running and 2250 watts starting making it strong enough enough to power camping essentials as well as small to mid-sized power tools like circular saws.  With its less-than-3 percent total harmonic distortion, it can also safely power sensitive electronics.
December 14, 2017

Caterpillar is launching its first utility vehicles – the gasoline-powered Cat CUV82 and diesel-powered CUV102D. Both feature a rugged steel cargo bed and offer 1,000-lb (454-kg) total rear cargo capacity and 2,000-lb (907-kg) towing capacity. They also utilize a four-wheel independent suspension system with a front sway bar to enhance stability at full load. A long swing-arm suspension, custom-tuned springs and shocks deliver a balance between a smooth ride and hauling loads.  
November 22, 2017

Morbark has announced the acquisition of Rayco Manufacturing to broaden the range of tree care and industrial equipment, aftermarket parts, and service offered to their customers. Rayco brings a lineup of equipment into the Morbark family across multiple product categories. In particular, Rayco stump cutters, aerial trimmers, forestry mulchers and crawler trucks will enhance and complement the existing Morbark family of products.
November 2, 2017

Fendt’s new Xaver system uses small robot units operating in swarms and a cloud solution to plan, monitor and accurately document the precise planting of corn. Satellite and data management in the cloud allows navigation around the clock operations, with permanent access to all data. The exact position and sowing time of each seed is accurately recorded. Knowing exactly where the seed has been planted opens up new potential for further processes, since subsequent operations such as crop protecting or fertilizing, can be performed precisely at the individual plant.
October 2, 2017

America once had a reputation for building things extremely fast and cheap – like the Empire State Building in 410 days – but not anymore. American infrastructure simply takes longer to build than it ever has before, and projects carry astronomically high average construction costs compared to the rest of the world. The spending has grown so out of control that experts predict basic American infrastructure may soon become unaffordable within a short period of time – as in years, not decades.
September 19, 2017

Work zones along the highway are dangerous places and the Colorado Department of Transportation (CDOT) has unveiled a work zone vehicle designed to take safety one step further for roadway maintenance crews. The Autonomous Impact Protection Vehicle (AIPV) will help improve work zone safety by removing the driver from a truck that is actually designed to be hit. The Impact Protection Vehicle is normally positioned behind road construction crews in order to protect workers from the public.
August 28, 2017

Atlas Copco has purchased Glauber Equipment Corporation’s compressor-related business. Glauber Equipment is an Atlas Copco compressed air distributor and service provider located in Lancaster, N.Y.
August 9, 2017

Some forestry workers around the world are ditching their heavy equipment and embracing draft horse logging as a low-cost and lucrative forestry operation...or are they? Let’s take a closer look at some of the reasons why horse logging is making a resurgence.
August 7, 2017

With total sales over $4.1 million and nearly 850 online bidders participating, J.J. Kane Auctioneers set a new sales record for a timed, online-only auction on the Proxibid auction platform, beating out Proxibid’s previous timed, online-only auction with a 241 percent increase in online participants.
August 2, 2017

AGCO announced a definitive agreement has been signed on Wednesday with The Climate Corporation, a subsidiary of Monsanto, for AGCO to acquire the Precision Planting LLC equipment business.
July 27, 2017

In a shocking announcement, Volvo announced today that every Volvo it launches from 2019 will have an electric motor, marking the historic end of cars that only have a gas-only engine and placing electrification at the core of its future business.
July 5, 2017

There is a legislative movement afoot in states like Wyoming, Nebraska, Iowa, Missouri, Illinois, Kansas, Minnesota, Tennessee, New York, Massachusetts and North Carolina, in which farmers are pushing for the right to repair their equipment. This is similar to the fight already waged and won by independent repair shops and individuals wanting to repair their own automobiles. If you are unfamiliar with the situation, let me explain.
June 12, 2017

Deere & Company is betting big on infrastructure construction by bolstering their construction equipment portfolio with an acquisition of the privately-held Wirtgen Group. The two product lines complement one another as there is no overlap between their product lines. By adding the product lines, technology, and distribution networks of Wirtgen, VÖGELE, Hamm, Kleemann, Benninghoven, and Ciber, Deere has positioned themselves up as a major player in global road construction and repair, as well as in mining.
June 3, 2017

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