News & Events

Terex to Divest Certain Roadbuilding Assets and Operations

Terex Corp. has entered into a contract to divest its Roadbuilding operations in Brazil and certain mobile roadbuilding product lines in the U.S. to the Fayat Group (Bomag and Marini). Product lines being divested include asphalt plants and pavers manufactured in Porto Allegre, Brazil, and assets for the asphalt paver, reclaimer stabilizer and material transfer product lines, which are currently manufactured in Oklahoma City, Okla. The transaction is anticipated to close during the first quarter. read more

Doosan Appoints Heavy Machinery & Tractor Co. New Dealer in Alabama

West Fargo, N.D.-based Doosan Infracore Construction Equipment America this week appointed Heavy Machinery & Tractor Co. a new dealer in Albertville, Ala. HMTC will offer Doosan heavy excavators, wheel loaders, wheel excavators and parts. HMTC serves the agriculture, landscape and construction industries in northern Alabama. In 2006, a new state-of-the-art parts and rental department was constructed, along with 10 service bays, modern spacious offices and showrooms displaying equipment. read more

Industry Groups Issue Statement of Best Practices for Workplace Risk Assessment and AWP Equipment Selection

The American Rental Association has partnered with the Association of Equipment Manufacturers, the International Powered Access Federation and the Scaffold & Access Industry Association to develop a document of best practices regarding workplace risk assessment and selecting the most appropriate aerial work platform equipment for particular jobs. read more

Haulotte Revenue Grows 16 Percent to U.S. $127 Million in 2012

Haulotte Group generated fourth quarter 2012 consolidated sales of €94.5 million (about U.S. $127.2 million) a 15-percent increase compared with €82.2 million in the same period last year. The business remained relatively strong at the end of the year, despite uncertainties in the macroeconomic environment. 2012 consolidated revenue increased 16 percent to € 355.7 million (U.S. $478.7 million) compared to € 306.9 million in 2011, an increase of 16 percent mainly driven by equipment sales. read more

Cummins Declares Quarterly Common Stock Dividend

The board of directors of Cummins Inc. declared a quarterly common stock cash dividend of $0.50 per share, payable on March 1, to shareholders of record on Feb. 22. Cummins Inc. is a corporation of complementary business units that design, manufacture, distribute and service diesel and natural gas engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems.