Retail sales of construction and earthmoving equipment showed further strong growth in June, and were 75% ahead of the levels seen in the same month last year, when sales were still recovering from the impact of the first lockdown. As a result, sales in Q2 were more than double the …
Read More »The construction ecosystem as an opportunity for new talent? YES!
Sustainability, robot dogs, new technologies for training and education are rapidly changing the image of the construction sector, which is sometimes still perceived as physically challenging, dirty, or dangerous. The second public event organised by the Construction 2050 Alliance, which gathered 200 participants, showed that construction is a sector that …
Read More »ACE – A New Specialist Police Unit to target Construction Plant & Agricultural Machinery theft
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 …
Read More »Five Reasons for Low Contactor Margins
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 …
Read More »Construction Machinery Rumbles Towards Electrification
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 …
Read More »One AEM Hall of Fame Member Always Kept His Eyes Toward the Sky
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 …
Read More »UK Construction equipment sales were 30% above 2020 levels in Q1
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 …
Read More »European construction equipment industry proves stable and resilient in 2020
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% …
Read More »Construction equipment sector secures jobs in a difficult environment
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 …
Read More »AEM Elects Caterpillar’s Otto Breitschwerdt to Construction Equipment Sector Board
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 …
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