Rock & Dirt Blog Construction Equipment News & Information

News in the Construction Equipment Industry Need a quick update on what happened last week in the construction industry? Every Monday we will provide a brief overview of some of the top stories for your consumption.   Globally, the construction equipment market is forecasted to reach 1.76 million units by the year 2018, according to [...]

It seems to be a partnership borne out of a mutual desire to give customers exactly what they need through friendly, honest service. When CCS Equipment Sales LLC, a full service equipment dealership located just north of Raleigh, wanted to begin offering a bigger line of wheel loaders to give their utility company customers a [...]

Construction equipment manufacturers around the globe will see significant growth over the next few years, as massive infrastructure projects will be required to satisfy population growth and expansion of the middle class in emerging markets. This will cause the industry overall to expand sales at a compounded annual growth rate (CAGR) of 6.3% into 2015 [...]

The takeover of Bucyrus International, Inc. by Caterpillar, Inc. is an $8.6-billion deal brings together two giants of the industry, and establishes Caterpillar Global Mining at Oak Creek, Wisconsin, the former headquarters of Bucyrus. To view the rich heritage of one of America’s innovative and most famous industrial equipment manufacturers, let’s take a walk back [...]

“Industry leader to play prominent role in groundbreaking conference discussing the role of natural gas in high horsepower operations.” July 2, 2012—SANTA MONICA, CA -- Caterpillar, Inc. a global manufacturer of construction and mining equipment and diesel and natural gas engines, today confirmed their commitment to participate in the HHP Summit 2012—Natural Gas for High [...]

Lack of Hiring in Construction Combined with Job Growth Elsewhere Threatens to Create Skilled-Labor Gap Once Contractors are Ready to Hire Again, Association Warns Construction employment stalled in June as more former construction workers left the industry, according to an analysis of new federal data released today by the Associated General Contractors of America. The [...]

Construction Total construction put-in-place improved +1.5% year-over-year in 4Q11 to $204.7 billion with improvements in residential and nonresidential building construction offset by a slight decline in nonbuilding construction. Small but consistent quarterly improvements in virtually all metrics give positive momentum for 2012. Residential Construction Residential housing statistics showed positive yearover- year comparisons in the fourth [...]

Illinois based world’s largest manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines, Caterpillar (NYSE:CAT), has reportedly decided to invest $4.5 million in the philanthropic arm of Caterpillar (NYSE:CAT), Caterpillar Foundation, for training the future workmen of the company. Caterpillar’s Washington director who represented the company at the IYF [...]

Fabick CAT, the Fenton-based Caterpillar light and heavy construction equipment dealer, will expand its operations on Fabick Drive in Fenton by adding a Customer Engagement Center. In an announcement by the Fenton Area Chamber of Commerce, Fabick General Manager Mike Pospischil said the facility, expected to be completed by late fall 2012, will be a [...]

Sales of construction equipment by the world’s 50 largest manufacturers grew 25 percent last year to $182 billion, according to the annual Yellow Table survey by KHL Group. This was a record for the industry, surpassing the previous high of $168 billion, set in 2008, prior to the global financial crisis. The Yellow Table, which [...]