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.
The Deere & Company Board of Directors announced their quarterly dividend at $.46 a share for common stock. John Deere construction equipment is recognized for their quality parts and continued innovation within their product line. Stockholders as of September 28, 2012, can sell shares November 1, 2012.
There will be an OTI 502 update course for those who have completed the OTI 500 trainer course. This course is recommended for those in the construction industry who wish to become outreach trainers. “It provides an update on topics such as OSHA construction standards, policies and regulations.” For those interested in more information please follow the link below:
Lower costs will now be associated with Komatsu as their new D61-23 crawler dozer provides the same horsepower as the make before it, but with a lower rate of fuel consumption by up to 10 percent. This is due to the Komatsu Tier 4-Interim SAA6D107E-2 engine built inside the new crawler dozer. The engine has advantages such as an advanced electronic control system that will manage the airflow rate.