Industry News

The theft of equipment from construction sites and farms has a significant impact on the businesses targeted from both the loss and replacement of the equipment taken, in addition to the cost of temporarily reduced activity and downtime within these sectors. The launch of the Construction Equipment Association (CEA) owned …

MILWAUKEE – Construction is a high-risk, low-margin business, with some sectors faring better than others. According to Tyler Paré, principal with FMI Corp., a construction-focused consulting and investment banking firm, when barriers to entry are high, margins improve. Data from Risk Management Associates supports this view. Average profit margin before …

By Alastair Hayfield, senior research director at market research firm Interact Analysis Vehicle electrification is at the forefront of thinking as the world confronts the challenges posed by climate change. EV technology is moving apace. Though electrification has its strongest foothold in the light vehicle market, larger electric vehicles and …

The Story of How Art Moore, Founder of Snorkel Lifts, Started His Rise from an Early Age, and Never Stopped MILWAUKEE – The Association of Equipment Manufacturers (AEM) Hall of Fame, a collection of leaders and innovators in the off-road equipment manufacturing industry, is currently seeking nominations for the 2021 …

Retail sales of construction and earthmoving equipment in March were close to double the levels seen in March last year when the impact of Covid was felt for the first time. As a result, sales in the first quarter were 30% above 2020 levels and reached over 8,000 units. Sales …

CECE releases its Annual Economic Report & tailor-made video In 2020 the industry suffered less than expected & looks at 2021 with a positive mindset The CECE Business Climate Index shows optimism with a visible upward trend Performance 2020 Sales on the European construction equipment market went down by 6.4% …

The general meeting of the VDMA Construction – Equipment and Plant Engineering on 3 March 2021 drew a positive conclusion for the past and current year. Central topics were the economic situation, the importance of the European climate goals 2050 for the industry and the development in relations with the …

MILWAUKEE – The Association of Equipment Manufacturers (AEM) is pleased to announce the election of Otto Breitschwerdt, Caterpillar Vice President with responsibility for its Building Construction Products Division, to its construction equipment sector board. “I am looking forward to working with Mr. Breitschwerdt as a member of our CE Sector …

Retail sales of construction and earthmoving equipment continued to show a strong recovery at the end of 2020. Sales in December were 15% ahead of December 2019 levels, and this was sufficient to edge Q4 sales to 1% above the same quarter in 2019 (graph 1). Construction activity continued to …

Lifting Tariffs WiEase Economic Burden & Help Reset Trans-Atlantic Trading Relationship BRUSSELS – Seventy-two U.S. and European associations representing a wide range of industries sent a letter today to President Joseph R. Biden and European Commission President Ursula von der Leyen urging the immediate suspension of tariffs on sectors unrelated …